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Neither am I. What does surprise me is that nations and industries keep doing it expecting "this time is different". Despite the regularity across history of f
by NeedMoreTea 7y ago
Neither am I.
What does surprise me is that nations and industries keep doing it expecting "this time is different". Despite the regularity across history of first supplying the tools and training - whether shipbuilding, looms, steel making or iPhone assembly and chip fab, then claim they'll never be able to design as well, and can only copy. Sometime later another industry sails inevitably off to some far flung region.
Since free trade almost nothing is considered strategic like the Chinese and others once thought tea, rubber, spices or early inventions that were guarded most carefully. Neither seems quite the right balance. :)
> opium wars
Palmerston's opium war, kicked off by an out-of-control East India Company giving themselves an opium monopoly, and the Tory party loosely falling into step. One of the two wars had parliament winning a vote against the government for entering an illegal war. Difficult to understand the thinking of the era yet at the same time feels strangely familiar.
Course the French, US and others joined in, and the US was marketing cheaper Turkish opium. Roosevelt or Hoover had an opium smuggling ancestor, I forget which of the two.
- turtlecloud 7y agoI was surprised to read that some WASPs are distantly related to 19th vent opium smuggling. For example the Forbes family made their fortune in opium and now they have a business magazine