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How is the US supposed to even develop the technology effectively if the companies keep going under? Solar technology isn't a commodity, it's high-tech R&D, I d
by carlosdp 7y ago
How is the US supposed to even develop the technology effectively if the companies keep going under? Solar technology isn't a commodity, it's high-tech R&D, I don't think it's a temporary pain.
- paganel 7y agoMemory chips used to be high tech RD until not that long ago but afaik the US isn’t producing any of them anymore and one of the biggest players in this market is South Korea through Samsung, a conglomerate which 100% receives State subsidies in one way or another. My perception is that no-one in the US is losing any sleep over this because the people who could be potentially upset by this state of affairs are pretty busy investing their money and time resources in other, more lucrative endeavors. But trade wars have always relied on demagogy and plain nationalism, and saying stuff like “we should build our own solar panels” when it has been rationally proved that the best course of affairs is to take the money handed on a silver plate to your own consumers/tax-payers and move on to other economic tasks is plain nationalism bordering on isolationism.
- coolspot 7y agoMicron produces DDR4 memory in the US. https://en.m.wikipedia.org/wiki/List_of_semiconductor_fabrication_plants https://en.m.wikipedia.org/wiki/List_of_semiconductor_fabric...
- ALittleLight 7y agoWhat do you mean that nobody in the US is losing sleep over it? If nobody were concerned by it, then it wouldn't be an issue it all. It seems like lots of people, including the current administration and their supporters, are deeply concerned by Chinese subsidies. While capitalists might have other, better, opportunities, what about American workers who have seen decades of stagnant or declining wages? American workers being constricted to service and tech jobs, and losing the opportunity for manufacturing work? Surely these people are losing over Chinese anti competitive behavior. In the short term it seems we benefit from cheaper goods. In the long term, the risks are that we lose industries, make ourselves reliant on unfriendly foreign powers, and lose entire categories of productive labor for our workers. Your comment looks down on nationalism in a way that I think is a bit naive. Why shouldn't Americans be concerned with the wellbeing of Americans? Are the Chinese working for our best interests? Are they working neutrally for the good of all? Or are they working in their own best interests, or the interests of their rulers? The Chinese leadership should try to do what's best for the Chinese as American leadership should try to do what's best for Americans.