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I think they still need us to buy their stuff, though maybe less so than in the past. Many of the points the article is making are basically that they don't nee
by NoboruWataya 1y ago
I think they still need us to buy their stuff, though maybe less so than in the past. Many of the points the article is making are basically that they don't need to buy our stuff, but hasn't that always been the case? With a massive population and manufacturing base, and significant linguistic and technical barriers between them and the West, it's hardly surprising that they would build their own Google rather than importing ours.
I don't think of China as producing cheap crap, I think of it as producing everything. A lot of that stuff is cheap crap, I know because I bought it. But clearly they also produce high tech and high value goods.
I also don't think it's surprising or new that an authoritarian country can deliver material progress for its people. I think the same was true for the early Soviet Union and the fascist countries of 20th century Europe. Democracy's main selling point was never that it made us rich.
- t-3 1y ago> Democracy's main selling point was never that it made us rich. I don't know how old the capitalism/democracy conflation is, but it's definitely more than a few decades. The political and economic systems are inextricably linked in the minds of many.