3 ms·

It’s somewhat humbling that this is essentially entirely done by one country. For all their faults, I am in awe of the scale and success of their industrial po

It’s somewhat humbling that this is essentially entirely done by one country. For all their faults, I am in awe of the scale and success of their industrial policy.

nutjob2 10mo ago
It's amazing what you can achieve when you control everything in a nation and can execute anyone who disagrees.
- ponector 10mo ago
  If it was a real reason of their success we would see amazing results in russia and their friends: Iran, Korea and other countries.
- ben_w 10mo ago
  Of "control everything" and "execute anyone who disagrees", only the former is useful; the latter is kinda why Russia (and the USSR before it) are failing despite also having a government that could control everything. You only achieve greatness when your control gets you to do the correct thing. Strong governments make decisions faster, not better. Freedom to debate, to speak out against bad governance, to speak truth to power, democracy, all that's a system to keep a government pointing in the right direction, it slows down decision making but (generally) also increases the accuracy of that decision making. Same deal with free markets in capitalism: its a feedback mechanism, Tim Cook can announce the Vision Pro and Zuckerberg the Metaverse, direct their teams to spend whatever number of billions was necessary to develop them, market says no.
- alsetmusic 10mo ago
  Name checks out.
pfdietz 10mo ago
They have a new kind of R&D organization that may be worth emulating. https://www.noahpinion.blog/p/china-has-invented-a-whole-new-way https://www.noahpinion.blog/p/china-has-invented-a-whole-new... (partially behind paywall, sorry)
rstuart4133 10mo ago
Yes. It's amazing, isn't it. Too put the facts crudely, the world would be fucked climate change wise without China. The oft heard "why do anything while China is the problem" would be hilarious, if people repeating bald-faced bullshit didn't grate so much.

It’s somewhat humbling that this is essentially entirely done by one country. For all their faults, I am in awe of the scale and success of their industrial policy.

nutjob2 10mo ago

It's amazing what you can achieve when you control everything in a nation and can execute anyone who disagrees.

ponector 10mo ago
If it was a real reason of their success we would see amazing results in russia and their friends: Iran, Korea and other countries.
ben_w 10mo ago
Of "control everything" and "execute anyone who disagrees", only the former is useful; the latter is kinda why Russia (and the USSR before it) are failing despite also having a government that could control everything. You only achieve greatness when your control gets you to do the correct thing. Strong governments make decisions faster, not better. Freedom to debate, to speak out against bad governance, to speak truth to power, democracy, all that's a system to keep a government pointing in the right direction, it slows down decision making but (generally) also increases the accuracy of that decision making. Same deal with free markets in capitalism: its a feedback mechanism, Tim Cook can announce the Vision Pro and Zuckerberg the Metaverse, direct their teams to spend whatever number of billions was necessary to develop them, market says no.
alsetmusic 10mo ago
Name checks out.

pfdietz 10mo ago

They have a new kind of R&D organization that may be worth emulating. https://www.noahpinion.blog/p/china-has-invented-a-whole-new-way https://www.noahpinion.blog/p/china-has-invented-a-whole-new... (partially behind paywall, sorry)

rstuart4133 10mo ago

Yes. It's amazing, isn't it. Too put the facts crudely, the world would be fucked climate change wise without China. The oft heard "why do anything while China is the problem" would be hilarious, if people repeating bald-faced bullshit didn't grate so much.