Comment by richardw
2 months ago
I think another axis is an underlying cultural difference: balance of collectivism vs individualism. China can say “there will be a factory here” because it’s overall good to have one, even if a few noses are out of joint. In California it’s decades of fights to get a train. The trick to competing is to find the right balance for the next decades. China used to be all-central-planning, which was sluggish and not agile. Now it’s guided by central planning (great for overall alignment) over many years rather than jerky 4 year stints, combined with massively distributed efforts to generate high levels of competition and agility. What is the optimal balance for your country or state?
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