Wait.. you mean, even openly buying things, like respecting free market economics, is now wrong?
So that reductionism around open markets the Federal Government keeps ramming down our (I am not american, I live in another economy) throats, it was all hyped bullshit, and in the final analysis, actually yes we can intervene on 'national strategic outcome' reasons anyway.
The reason why respecting free market economics is good in my view is because it respects individuals. China doesn't, "we" don't. It's a total non-starter to speak of "respect" when the individual, the poor person, the civilian in another country, the dissenter, are not respected. How many people were murdered in US and UK wars for the purpose economic "openness"? How much green do companies in European countries make from that? But that doesn't give China a free pass. Were the Allies perfect when fighting the Nazis? No? Aren't you still glad they won?
America has never been short of this hypocrisy, most notably with Japan in the 90s. However one must reflect that the national corporatism in China is not free market as we understand it. The west's trade model is built around companies as individual actors separate from their countries but that is not true in China.
I mean the US has blocked 3 major semiconductor deals recently. The free market is pretty important but clearly some compamies and technologies should not be sold. Also, China has a pretty unfair set of rules for competing in their ecosystem whivh handicaps the US, leads to a lot of IP theft and forces profits and data through a Chinese pipeline.
So, i disagree we're totally asleep at the wheel and the scrutiny goes beyond that one agency mentioned. I don't know if a bankrupt company that likely hasnt fully developed an automated chip designer is a crown jewel
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[ 2.6 ms ] story [ 26.5 ms ] threadSo that reductionism around open markets the Federal Government keeps ramming down our (I am not american, I live in another economy) throats, it was all hyped bullshit, and in the final analysis, actually yes we can intervene on 'national strategic outcome' reasons anyway.
hires immigrants and steals their ip....
So, i disagree we're totally asleep at the wheel and the scrutiny goes beyond that one agency mentioned. I don't know if a bankrupt company that likely hasnt fully developed an automated chip designer is a crown jewel