And the government can’t say or do anything about it because that would be authoritarian and unbecoming of a civilized capitalist society which promises market freedom. Right?
I still love that Jake Sullivan talk where he admits that the whole free market bullshit they’ve been promoting can’t actually compete with what China is doing. It’s an absolutely incredible read, Sullivan claims that the American economy lacks public investment, as it did after World War II. And that China is actively using this tool.
last few decades revealed cracks in those foundations. A shifting global economy left many working Americans and their communities behind.
The People’s Republic of China continued to subsidize at a massive scale both traditional industrial sectors, like steel, as well as key industries of the future, like clean energy, digital infrastructure, and advanced biotechnologies. America didn’t just lose manufacturing—we eroded our competitiveness in critical technologies that would define the future.
He also opined that the market is far from being able to regulate everything, and “in the name of overly simplified market efficiency, entire supply chains of strategic goods, along with the industries and jobs that produced them, were moved abroad.”
Another problem he identified is the growth of the financial sector to the detriment of the industrial and infrastructure sectors, which is why many industries “atrophied” and industrial capacities “seriously suffered.”
Finally, he admitted that colonization and westernization of countries through globalization has failed:
Much of the international economic policy of the last few decades had relied upon the premise that economic integration would make nations more responsible and open, and that the global order would be more peaceful and cooperative—that bringing countries into the rules-based order would incentivize them to adhere to its rules.
Sullivan cited China as an example:
By the time President Biden came into office, we had to contend with the reality that a large non-market economy had been integrated into the international economic order in a way that posed considerable challenges.
The People’s Republic of China continued to subsidize at a massive scale both traditional industrial sectors, like steel, as well as key industries of the future, like clean energy, digital infrastructure, and advanced biotechnologies. America didn’t just lose manufacturing—we eroded our competitiveness in critical technologies that would define the future.
In his opinion, all this has led to dangerous consequences for the US led hegemony:
And ignoring economic dependencies that had built up over the decades of liberalization had become really perilous—from energy uncertainty in Europe to supply-chain vulnerabilities in medical equipment, semiconductors, and critical minerals. These were the kinds of dependencies that could be exploited for economic or geopolitical leverage.
Today, the United States produces only 4 percent of the lithium, 13 percent of the cobalt, 0 percent of the nickel, and 0 percent of the graphite required to meet current demand for electric vehicles. Meanwhile, more than 80 percent of critical minerals are processed by one country, China.
America now manufactures only around 10 percent of the world’s semiconductors, and production—in general and especially when it comes to the most advanced chips—is geographically concentrated elsewhere.
At the same time, according to him, the United States does not intend to isolate itself from China.
Our export controls will remain narrowly focused on technology that could tilt the military balance. We are simply ensuring that U.S. and allied technology is not used against us. We are not cutting off trade.
I am more than a bit wary about any tech from China. Call that tin foil hat syndrome or whatever.
Call that tin foil hat syndrome or whatever.
Racism. It’s racism and xenophobia.
The Uighur’s issue is most certainly racism, xenophobia and also genocide. As much as I have a problem with that it would not be the reason I would not buy the tech. I have zero trust with a nation that actively steals from any nation it can get away with. They have no morals on where the line should not be crossed. And you want to give them access to your data. This is why countries are banning use of their tech being anywhere near government communications.
This is why countries are banning use of their tech being anywhere near government communications.
No, that’s also racism and xenophobia. They spread propaganda about supposed backdoors in network hardware, but can never actually point to any. If there’s no exfiltration, you aren’t “giving them access to your data”.
I have zero trust with a nation that actively steals from any nation it can get away with.
Considering a lot of Chinese network hardware, specifically Huawei, is at the literal forefront of technological development, continually developing and producing the fastest devices with the highest throughput, etc., it is false to say they’re just stealing their tech. They’re beating out all the countries you could posit that they’re stealing tech from. Moreover, if you’re basing your supposed trust in a tech manufacturing company/country based on whether or not they steal tech secrets, what countries could you possible trust? The USA steals tech through (government enacted) corporate espionage against firms competing with firms in the USA[1][2]. You’d be hard pressed to find any country with tech manufacturing that isn’t engaging in corporate espionage.
I’ve reached a point where after just reading the headline I can tell it’s another yogthos Propaganda post.
