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By most economists accounts, Americas sanctions hurt America's economy more than it helped it. The sanctions may have helped certain industries and areas of Am
by faeriechangling 4y ago
By most economists accounts, Americas sanctions hurt America's economy more than it helped it. The sanctions may have helped certain industries and areas of America by kneecapping Chinese high-tech, but it takes more than that for Republicans to start a round of sanctions and the Democrats to continue them.
There is a very blatant military interest in keeping China behind in terms of technology. People have had a very clear picture of what technology can do for a military in a conventional war since the Gulf War where the Iraqi Republican Guard, the 4th largest military in the world, was obliterated from a distance by high-tech computerised weaponry and military systems and totally demoralised.
There can be multiple motives. If both high-tech and the military want something, that makes it that much more of a political winner.
- DuckFeathers 4y agoIt's never been about helping America's overall economy; only about helping the biggest corporations which have immense control over beaurocrats and politicians.
- caycep 4y agoThis is why I'm of a mind that decoupling/sanctions are really not the way to go. I'd say open source/open academic development benefitted both US/China more than decoupling benefits either. Yes, I know there was a lot of drum banging re "stealing tech" and "authoritarian values coming into the US" but I get the feeling that there was way more flow of western liberal and pro-democratic values into China than the other way around...