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America closed Radio Shack stores that used to provide hobbyists with all kinds of electronic components (before it tried to become a little version of Best Buy

• Vt71fcAqt7 3y ago
  I'm not sure what point you're making. Driving the current state of the art in semiconductors requires something like a PhD in physics or materials science. There are certainly many PhDs in China (and being educated is more respected there than here) but Radio Shack and Shenzhen pcbs have little to do with this. They aren't growing the state of the art. Have you looked into the "democratic internal hiring and promotion policy" of those Shenzhen factories by the way? Shenzhen is as far from communism as you can get. Marx described workers being "a slave of the machine" as an inherent quality of Capitalism: and he is right (until these things can be automated). I have no doubt that Chinese semiconductor output will increase in quantity and quality. I also have no doubt that it will be sold on the global market for capital and that capital will be the primary way the owners and workers of those companies are rewarded as well as the means used to create and grow the company. Also, Radio Shack closed down because its customers moved online – that is simple supply and demand.