It’s hilarious how far ahead they are of America and that America’s entire strategy to stay ahead of them is just to straight up deny reality.
Wonder how long it’s gonna take Americans to be confused about why the rest of the world gets reliable electric vehicles for $10k but in the greatest country on earth it’s $40k because affordable electric sedans would kill 3 separate vehicle markets.
Protectionism is a good strategy if it’s accompanied by industrial development.
The “onshoring” campaign has been a flop, though. All the development has been sucked up by AI grifters, there’s nothing productive being built to actually counter Huawei. It would seem this stage of capitalist development is actually incapable of further development.
Ehh kinda skeptical of protections in general feel like people should be able to get the best product regardless of who makes it but that’s more of a discussion about how ubiquitous “the state” is.
Although I totally see how it can be a benefit and like you said it’s way different to charge extra for a foreign competitor to increase competitiveness of a domestic equivalent but when the options are “pay a 100% tarrif and go fuck yourself or just go fuck yourself” I’d hope even the most burger brained liberal would start formulating some questions.
Ehh kinda skeptical of protections in general feel like people should be able to get the best product regardless of who makes it but that’s more of a discussion about how ubiquitous “the state” is
That just means that foreign manufacturers and service providers can eliminate the competition from domestic companies in a local market, making a country more (or even entirely) dependent on foreign companies and states. Lack of protectionist measures has never made a country wealthy, and has been something that the imperial core push onto the countries in the periphery.
Yes, it does mean that, in the short term, the people might get a worse access to goods and services, but in the long run it is undoubtedly beneficial.
Lack of protectionist measures has never made a country wealthy, and has been something that the imperial core push onto the countries in the periphery.
The closest thing to a counter-example in this instance are countries with a small population and disproportionately large commodity reserves. Australia for an instance could just fund itself exporting minerals, whereas the same strategy makes Brazil a comparatively poor country. It is self evident why. Both countries are comparable in, say, iron reserves but the latter has something like 9 times more people to employ and invest in.
Other counter examples are either like Chile’s copper reserves - which always comes with caveats like ‘not counting the cost of living’ and ‘least terrible of an impoverished region’ - or something like Norway’s energy reserves, which does serve as a more egalitarian example. Some people might disagree and lodge the standard complaints about the nordic model (I agree with them), but Norway is still not run like a purely extractive latin american dictatorship.
It is nonetheless true that industrial capitalism cannot exist without industrial policy. And that, historically, countries have had to deal with foreign first mover advantages via protectionism. This essentially means you’re exploiting your own population in the short term in order to build something for the future. And it is what both succcessful (USA, Germany) and unsuccesssful (Egypt, Brazil) countries did.
Wonder how long it’s gonna take Americans to be confused about why the rest of the world gets reliable electric vehicles
Definitely many decades still. Americans are still shocked at how developed urban cities have become in developing countries and those countries have modern medical equipment in hospitals and clinics lol
It’s hilarious how far ahead they are of America and that America’s entire strategy to stay ahead of them is just to straight up deny reality.
Wonder how long it’s gonna take Americans to be confused about why the rest of the world gets reliable electric vehicles for $10k but in the greatest country on earth it’s $40k because affordable electric sedans would kill 3 separate vehicle markets.
Protectionism is a good strategy if it’s accompanied by industrial development.
The “onshoring” campaign has been a flop, though. All the development has been sucked up by AI grifters, there’s nothing productive being built to actually counter Huawei. It would seem this stage of capitalist development is actually incapable of further development.
Time for a crisis!
Ehh kinda skeptical of protections in general feel like people should be able to get the best product regardless of who makes it but that’s more of a discussion about how ubiquitous “the state” is.
Although I totally see how it can be a benefit and like you said it’s way different to charge extra for a foreign competitor to increase competitiveness of a domestic equivalent but when the options are “pay a 100% tarrif and go fuck yourself or just go fuck yourself” I’d hope even the most burger brained liberal would start formulating some questions.
That just means that foreign manufacturers and service providers can eliminate the competition from domestic companies in a local market, making a country more (or even entirely) dependent on foreign companies and states. Lack of protectionist measures has never made a country wealthy, and has been something that the imperial core push onto the countries in the periphery.
Yes, it does mean that, in the short term, the people might get a worse access to goods and services, but in the long run it is undoubtedly beneficial.
The closest thing to a counter-example in this instance are countries with a small population and disproportionately large commodity reserves. Australia for an instance could just fund itself exporting minerals, whereas the same strategy makes Brazil a comparatively poor country. It is self evident why. Both countries are comparable in, say, iron reserves but the latter has something like 9 times more people to employ and invest in.
Other counter examples are either like Chile’s copper reserves - which always comes with caveats like ‘not counting the cost of living’ and ‘least terrible of an impoverished region’ - or something like Norway’s energy reserves, which does serve as a more egalitarian example. Some people might disagree and lodge the standard complaints about the nordic model (I agree with them), but Norway is still not run like a purely extractive latin american dictatorship.
It is nonetheless true that industrial capitalism cannot exist without industrial policy. And that, historically, countries have had to deal with foreign first mover advantages via protectionism. This essentially means you’re exploiting your own population in the short term in order to build something for the future. And it is what both succcessful (USA, Germany) and unsuccesssful (Egypt, Brazil) countries did.
Definitely many decades still. Americans are still shocked at how developed urban cities have become in developing countries and those countries have modern medical equipment in hospitals and clinics lol
i wouldn’t be surprised if an african country gets a liquid thorium nuclear plant before the US does
the british still think they are a world power and that they were a massively important power in WW2
I mean their navy and air force both did some serious work. They probably contributed similarly to the USA.
Its a wealth creation tool.
Both the Chinese person and the American own an electric car but the American is 30k more wealthy.
Both own a house but the American is 200k richer.
You can do this with anything. Checkmate Mr Xi