19 points

Y’all know why the US is freaking out about Chinese innovation? Because America decided stock prices were of the utmost importance and stopped innovating a long time ago. They really only pissed off because China is playing a different game (the game we originally stomped them at) and kicking our asses in the process. Maybe if we stopped playing the market and started making good shit again, we’d have less to complain about.

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12 points
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They really only pissed off because China is playing a different game (the game we originally stomped them at) and kicking our asses in the process.

  1. China is not playing the game the US originally did and still is: settler-colonialism1, slavery2, and imperialism3.
  2. The US didn’t “stomp” China, the UK did: https://en.wikipedia.org/wiki/Century_of_humiliation

.
1 https://en.wikipedia.org/wiki/Racism_against_Native_Americans_in_the_United_States#Current_issues
2 https://en.wikipedia.org/wiki/Penal_labor_in_the_United_States
3 https://en.prolewiki.org/wiki/Neocolonialism

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A lot of people forget that the US got wealthy through colonialism and slavery. Then that wealth was used to build up education and other institutions. Somehow though they decided to squander all of that and dismantle any progress made.

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After decades of dismantling education and rising xenophobia? Doable but it wont be easy and the results will take years. The US doesn’t have the ability for long term commitments given how widely policy can swing from one administration to another.

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5 points

Incidentally, a very fun read on the dynamics behind the whole thing https://americanaffairsjournal.org/2021/08/the-value-of-nothing-capital-versus-growth/

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4 points
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That site seems to be down. https://web.archive.org/web/20241223232809/https://americanaffairsjournal.org/2021/08/the-value-of-nothing-capital-versus-growth/

And in today’s America, that would require extraordinary and unprecedented magnanimity on the part of the oligarchs.

“In today’s America” nothing: the oligarchs wrote the constitution over two centuries ago, so their ascendancy is baked in.

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3 points

Billionaires engineered all of this. The whole stock price over innovation mindset was to extract American wealth and cripple American power. They want no power to exist that can reign in their own power. The battle for equity never ends. The billionaires and their ghouls never stop. Never trust the government to stay honest, we have to keep them honest.

https://en.wikipedia.org/wiki/Dark_Money_(book)

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2 points

Agreed.

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15 points

Dr He-Ling Shi, from Monash University, said state media was “obligated to sing praises” because 2025 marked the final year of the plan.
He said it was hard to know from state media whether the technological advancements detailed in the stories were real or a “roadshow”.
The ABC reached out to multiple analysts in China for this story, but none responded to interview requests.
Dr Shi also said the Biden administration had been effective at preventing China from advanced manufacturing of computer chips.
He said Huawei was a prime example.
“From a technological point of view, Huawei’s mobile phone technology is still two to three generations behind [Apple].”

No article like this would be complete without some gusano cope lol

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3 points

🤣

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15 points
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A ten year plan by an enduring stable government vs biennial rotating RepubliDem shamlections that maintain bourgeois state control.

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11 points
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We need to stop supporting establishment democrats.

They stay in power by making us lose slower…

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11 points

While Trump is just selling the United States piece meal to the ultra wealthy and private equity and calling it “making America great again.”

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5 points

Good. If Americans want to be competitive with China, they can start by charging less money.

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