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I used to think that export controls didn't work, until I realized that China has leapfrogged the West on every technology that wasn't subject to export control
by tristanj 3mo ago
I used to think that export controls didn't work, until I realized that China has leapfrogged the West on every technology that wasn't subject to export controls.
- disgruntledphd2 3mo agoTo be brutally frank, this was always going to happen when Western countries outsourced their manufacturing. And all of the rationales were self serving garbage, it was about juicing the next quarters numbers. Fundamentally though, it's the removal of capital controls that has driven a lot of this behaviour, and it's amusing to me that reintroducing them is so far beyond the Overton window that it never even comes up.
- throw1234567891 3mo agoWhat did you expect. The West built factories in China and said “look, this is how we do it, now you do it”.