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China should stop stealing our IP and create their own technology wait no not like that

OhMeadhbh 3y ago
Those darn'd Chinese training a bunch of engineers, participating in a global industry, producing a product at rock-bottom prices and then not forgetting everything they had to learn to help the rest of the world make chips! Dang Them!
- hangonhn 3y ago
  Remember when we were all about global free trade and supply side economics and consumer surpluses? I guess it's no fun when someone else does it to us. Sarcasm aside, I think we are now realizing that talking about supply side without considering the demand side (i.e. workers who can afford even these abundant goods) is going to be very detrimental in the long run.
  - kmeisthax 3y ago
    Not just "very detrimental in the long run" - more like "actively fueling far-right fascists in the very short term". The working class does not care who promises them revenge, or even if that revenge is targeted at their oppressors, as long as revenge is eventually provided by someone.
    - OhMeadhbh 3y ago
      I don't disagree with you about breeding fascists now. Though I wonder, in a few years after we do more Trump and things fail to get better, and then we swing back the other way and elect the ghost of Bernie Sanders (cause I really don't know anyone on the left who could impress the disaffected middle-American electorate.) What then? I guess that's why the far right wing is trying to take over before we have to have elections again. I'm just curious if swinging back and forth between left and right wing isn't more destructive than just right wing.
  - OhMeadhbh 3y ago
    I never thought I would remember the Reagan era so longingly.
Symmetry 3y ago
The British to the Americans in 1850 or to the Germans in 1850 or the Americans to the Japanese in 1900.
jakobson14 3y ago
It's funny, because a similar story played out between britain and the US with machine tool technology. The british were the first to go through the industrial revolution and had the best, most precise machine tool technology. They banned export of this technology to the USA. Well, turns out you can bootstrap precision, moving from less precise to more precise machine tools if you're careful manage your errors well. Soon enough, the USA had caught up and then pulled ahead in machine tool technology.

Those darn'd Chinese training a bunch of engineers, participating in a global industry, producing a product at rock-bottom prices and then not forgetting everything they had to learn to help the rest of the world make chips! Dang Them!

hangonhn 3y ago
Remember when we were all about global free trade and supply side economics and consumer surpluses? I guess it's no fun when someone else does it to us. Sarcasm aside, I think we are now realizing that talking about supply side without considering the demand side (i.e. workers who can afford even these abundant goods) is going to be very detrimental in the long run.
- kmeisthax 3y ago
  Not just "very detrimental in the long run" - more like "actively fueling far-right fascists in the very short term". The working class does not care who promises them revenge, or even if that revenge is targeted at their oppressors, as long as revenge is eventually provided by someone.
  - OhMeadhbh 3y ago
    I don't disagree with you about breeding fascists now. Though I wonder, in a few years after we do more Trump and things fail to get better, and then we swing back the other way and elect the ghost of Bernie Sanders (cause I really don't know anyone on the left who could impress the disaffected middle-American electorate.) What then? I guess that's why the far right wing is trying to take over before we have to have elections again. I'm just curious if swinging back and forth between left and right wing isn't more destructive than just right wing.
- OhMeadhbh 3y ago
  I never thought I would remember the Reagan era so longingly.

Symmetry 3y ago

The British to the Americans in 1850 or to the Germans in 1850 or the Americans to the Japanese in 1900.

jakobson14 3y ago

It's funny, because a similar story played out between britain and the US with machine tool technology. The british were the first to go through the industrial revolution and had the best, most precise machine tool technology. They banned export of this technology to the USA. Well, turns out you can bootstrap precision, moving from less precise to more precise machine tools if you're careful manage your errors well. Soon enough, the USA had caught up and then pulled ahead in machine tool technology.