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No, I get what you're saying Secrets and moats were supposed to be for internal morale.. I was hoping you'd argue that China has maintained a healthy industri
by gsf_emergency 1y ago
No, I get what you're saying
Secrets and moats were supposed to be for internal morale..
I was hoping you'd argue that China has maintained a healthy industrial society-level morale purely with material advantage (like US in 1940s?)
- jqpabc123 1y agoSecrets and moats were supposed to be for internal morale. Secrets and moats are mainly for entrenched internal interests at the expense of upstarts. These promote in-fighting --- they don't really work toward global competitiveness --- unless you can convince others to be like US and handicap themselves too. For the most part, China avoids playing this game. And unless we've got some better response than "tariffs", they're going to own world markets. Make America poorer, dumber and less relevant --- this is where we are headed now.
- gsf_emergency 1y ago(fwiw I see the appeal of being pessimistic, and not even calling it, pace Orwell, optimism :) Just trying to figure out the positive psychology of sharing*, how to reconcile that with the general idea of markets .. don't mind me. (& maybe put a positive spin on autism?) *there is something narcotic/creepy about the "abundance" mindset, which I haven't got a toehold on yet. It's like a Schelling point for people across the (political) spectrum who can't help but preemptively rationalize what their opponents would reflexively label fascism (or authoritarianism when they want to include China in the argument) Sorry to be vague, there's not a lot of legible data out there I'm much more sympathetic towards the strategy of definancialization/detertiarization-- with which Stiglitz has inadvertently steelman'd tariffs (The idea that UK has been totally f**ked by tertiarization is mainstream, & the weather in California/Florida/Texas is not necessarily helping either :) to your point, maybe, Japan & Germany** have equally unhealthy attitudes towards intellectual entrenchment, that's why their bonds are so attractive :)) https://youtu.be/vAwBDzGxpi8&t=1m1s https://youtu.be/vAwBDzGxpi8&t=1m1s ** also Asian ex-tigers https://hajoonchang.net/economists-who-have-influenced-me#:~:text=However%2C%20I%20have%20come%20to,that%20is%20grounded%20in%20reality. https://hajoonchang.net/economists-who-have-influenced-me#:~...