Sometime between the US Civil War and WW2, military conflict evolved from honor-based to calculated, industrially efficient total war. Honor-based militaries were routinely wiped out against this model. Neoliberalism was “total war” doctrine in economics *and it works*
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For the record, I’m rooting for China to win big economically because I don’t think US needs to lose economically for that to happen, so it’s a net win for humanity. It would be even better if 1/5 of the world’s brainpower came online and took the lead on key tech.
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What’s better than a superpower that knows how to actually create wealth? TWO superpowers that know how to do it. Even better if it’s with two distinct playbooks. Hedge bets. There are problems with the rise of China, but they’re climate/environmental, not zero-sum political.
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China is probably iterating and learning faster than the US in a few key areas, like batteries and solar or something. Maybe semiconductors in the future. But so long as the rest of the world can benefit from cheap Chinese innovation spillover, it’s good.
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Vast wealth was created around the world via cheap spillover of a century of US innovation. It’d be nice to have a twin-engined global innovation economy. It’s certainly needed to beat climate change, drive development in Africa, beat aging population problem with robots, etc.
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Even with its fatal ideological flaws and a flawed economic doctrine, the USSR did a ton of wealth-creating innovation. So did Japan. Whether Chinese playbook works or not politically/ideologically, we’ll probably end up with some good rewards from the grand Chinese experiment
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Zero. Admittedly a blindspot. Going by remote analysis and comparative analysis with India which shares several features. As well as consulting work with companies that do a ton of business in/with China.
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