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another_poster | 1 year ago
(1) Industry. Why did the US government aggressively pursue a “post-industrial” economy? China was essentially given the keys to the world’s industries by US leaders in politics and businesses. It’s natural for China, as an industrial leader, to have a bigger role in the world.
(2) Key technologies. Why did the US pursue a laissez-faire approach to high-value technologies, such as solar and battery-powered vehicles? “Let things happen” is an unrealistic economic policy for areas of the market that are winner-takes-all. It’s natural for China, as a leader in key technologies, to have a bigger world stage.
(3) Public education. Why has the US allowed high-quality, regional newspapers to implode? The public is being whipped up to ever greater frenzies by increasingly poor media, which has led to increasingly low-quality leaders, for example, in the Republican Party. It’s natural for countries with more well-informed governments, such as China, to have a larger role in the world.
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