It's been funny watching the slippery slope fallacy fallacy at play w/the supply chain:
- We'll only move cheap plastic toys to asia
- We'll only move low-value clothing to asia
- We'll only move inexpensive electronics to asia
- We'll only move TVs to asia
- We'll only move computer assembly to asia
- We'll only move low-value semi-conductors to asia
- We'll only move CPU production to asia
Only thing really left is IP and frankly I expect asia to outperform the west in that soon enough (my understanding is that they already are in some areas, I am not an expert)
Countries don’t have infinite supplies of labor and capital. The more of an economy dedicated to making cheap plastic toys or stitching tshirts, the less economic resources available for inventing the next iPhone. The very reason China is becoming more competitive in higher value-added economic activities is because China itself has moved away from low value economic activities - like manufacturing cheap clothing - these activities that have largely moved to poorer neighboring countries over the last decade or so.
And if you’re worried that the US is about to be out competed by China in the IP sphere, surely the US would be in a much weaker position if say 50% of its economy was focused on the production of cheap generic goods?
yeah, i'm familiar with the just so stories told to us by economists, but the reality is that by moving the entire supply chain to asia there are huge knock on effects on our own ability to innovate and produce wealth
the us has papered over it w/credit (no coincidence that the credit card came out right when productive capacity was being shifted to asia) but eventually every country sits down to a banquet of consequences
same story as ever (florence under the medici, england under the whigs, etc) first productivity then usury
many of them genuinely believe that it is progress to be above mere national interests. Certainly many people believe it to be a more progressive point of view.
Not sure if it was a naive new world order belief, blinding greed, racism, plain stupidity or a mixture of all of that. But the end result was selling the American people down the river..
So what if they're technologically superior? What we can't steal, we can buy.
When the time comes to geld the Yankees an' hitch them to the plough, we'll cut
off their balls with a knife they competed to sell us
i dont know why this is such a sensitive topic that it gets immeditely flagged and considered some sort of hate speech.
china gets massive advantage from western ideas that even benigh thing like 'lets not depend on china' is automatically considered hate speech and racism.
It's been funny watching the slippery slope fallacy fallacy at play w/the supply chain:
- We'll only move cheap plastic toys to asia
- We'll only move low-value clothing to asia
- We'll only move inexpensive electronics to asia
- We'll only move TVs to asia
- We'll only move computer assembly to asia
- We'll only move low-value semi-conductors to asia
- We'll only move CPU production to asia
Only thing really left is IP and frankly I expect asia to outperform the west in that soon enough (my understanding is that they already are in some areas, I am not an expert)
Countries don’t have infinite supplies of labor and capital. The more of an economy dedicated to making cheap plastic toys or stitching tshirts, the less economic resources available for inventing the next iPhone. The very reason China is becoming more competitive in higher value-added economic activities is because China itself has moved away from low value economic activities - like manufacturing cheap clothing - these activities that have largely moved to poorer neighboring countries over the last decade or so.
And if you’re worried that the US is about to be out competed by China in the IP sphere, surely the US would be in a much weaker position if say 50% of its economy was focused on the production of cheap generic goods?
yeah, i'm familiar with the just so stories told to us by economists, but the reality is that by moving the entire supply chain to asia there are huge knock on effects on our own ability to innovate and produce wealth
the us has papered over it w/credit (no coincidence that the credit card came out right when productive capacity was being shifted to asia) but eventually every country sits down to a banquet of consequences
same story as ever (florence under the medici, england under the whigs, etc) first productivity then usury
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China cleverly identified America's Achilles heel: the greed and shortsightedness of its oligarchs.
Give them an extra 5% profit and theyll sell out the entire country and reduce its industrial base to ashes.
many of them genuinely believe that it is progress to be above mere national interests. Certainly many people believe it to be a more progressive point of view.
Not sure if it was a naive new world order belief, blinding greed, racism, plain stupidity or a mixture of all of that. But the end result was selling the American people down the river..
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-- Under the Yoke (1989)
Luckily for the rest of the world, your elites have made that mistake.
perhaps themselves driven by global consumers culture that doesn't care how or where something was made as long as it's slightly cheaper.
i don't think they view it as a mistake
The Capitalists Will [outsource the manufacturing of] the Rope with Which We Will Hang Them -- original quote attributed to various famous communists
https://quoteinvestigator.com/2018/02/22/rope/
lol I almost included that quote, but the reality is that china isn't communist in any meaningful way
i dont know why this is such a sensitive topic that it gets immeditely flagged and considered some sort of hate speech.
china gets massive advantage from western ideas that even benigh thing like 'lets not depend on china' is automatically considered hate speech and racism.