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"US-led global campaign to prevent China’s access to cutting-edge technology" I find this attitude from the US government believing that only the US is capable

"US-led global campaign to prevent China’s access to cutting-edge technology" I find this attitude from the US government believing that only the US is capable of advanced technology extremely arrogant and foolish. The US may have had an advantage back after WW2 when half the world was in ruins but this has changed a long time ago. The fact that I have to sign an export agreement with Apple because my app uses SSL encryption is ridiculous. Even more ridiculous is the fact that I am not even in the US.

ssss11 3y ago
All of that is a good point, but in contrast I can’t believe that the West just gave all manufacturing to one country for decades, and everything got copied, and no repercussions happened, for decades……
- dacryn 3y ago
  short term monetary gain for the politicians and companies? These things were always going to work out for at least another 5 years, likely 10. So why not go for it, earn yourself a few million, and let the next one clean it up? You only need to find a few to make it work.
- RobotToaster 3y ago
  It's simultaneously the most sad and hilarious part about it, the communists didn't need to seize the means of production, it was handed to them on a platter by western capitalists, in the pursuit of short term profit.
- washadjeffmad 3y ago
  You should be getting a kick out of the rhyme. If the US had cared more about teaching history instead of promoting itself as everyone's savior, I wonder whether so many would have made such predictable blunders. https://digitalcommons.pace.edu/plr/vol39/iss1/7/ https://digitalcommons.pace.edu/plr/vol39/iss1/7/
- sudosysgen 3y ago
  ~7% real rate of return on capital means that you are financially irresponsible if you didn't give up manufacturing in exchange for large cost savings. You might see repercussions in 30 years, but by then your savings increased tenfold. That applies just as much to the individual board member as to the government who's #1 priority was GDP growth.
  - ssss11 3y ago
    That’s insightful, thank you

ssss11 3y ago

All of that is a good point, but in contrast I can’t believe that the West just gave all manufacturing to one country for decades, and everything got copied, and no repercussions happened, for decades……

dacryn 3y ago
short term monetary gain for the politicians and companies? These things were always going to work out for at least another 5 years, likely 10. So why not go for it, earn yourself a few million, and let the next one clean it up? You only need to find a few to make it work.
RobotToaster 3y ago
It's simultaneously the most sad and hilarious part about it, the communists didn't need to seize the means of production, it was handed to them on a platter by western capitalists, in the pursuit of short term profit.
washadjeffmad 3y ago
You should be getting a kick out of the rhyme. If the US had cared more about teaching history instead of promoting itself as everyone's savior, I wonder whether so many would have made such predictable blunders. https://digitalcommons.pace.edu/plr/vol39/iss1/7/ https://digitalcommons.pace.edu/plr/vol39/iss1/7/
sudosysgen 3y ago
~7% real rate of return on capital means that you are financially irresponsible if you didn't give up manufacturing in exchange for large cost savings. You might see repercussions in 30 years, but by then your savings increased tenfold. That applies just as much to the individual board member as to the government who's #1 priority was GDP growth.
- ssss11 3y ago
  That’s insightful, thank you