“Over the last year or so, Mark Zuckerberg of Facebook and other American tech leaders have issued a stark warning to those who want to see more competition in the industry. It goes something like this: “We understand that we’ve made mistakes. But don’t you realize that if you damage us, you’ll just be handing over the future to China? Unlike America, the Chinese government is standing behind its tech firms, because it knows that the competition is global, and it wants to win.”
This — Big Tech’s version of the “too big to fail” argument — has a superficial nationalistic appeal. It’s certainly true that the Chinese technology sector is growing and aggressively competitive, and that many of its companies are embraced and promoted by the Chinese state. By one count, eight of the world’s 20 largest tech firms are Chinese. That would seem to suggest a contest for global dominance, one in which the United States ought not be considering breakups or regulation, but instead be doing everything it can to protect and subsidize the home team.
But to accept this argument would be a mistake, for it betrays and ignores hard-won lessons about the folly of an industrial policy centered on “national champions,” especially in the tech sector. What Facebook is really asking for is to be embraced and protected as America’s very own social media monopolist, bravely doing battle overseas. But both history and basic economics suggest we do much better trusting that fierce competition at home yields stronger industries overall.
That’s the lesson from the history of Japanese-American tech competition. During the 1970s and into the ’80s, it was widely believed that Japan was threatening the United States for supremacy in technology markets. The Japanese giant NEC was a serious challenger to IBM in the mainframe market; Sony was running over consumer electronics, joined by powerful firms like Panasonic and Toshiba. These companies enjoyed the support of the Japanese state, through the Ministry of International Trade and Industry, which pursued a nationalistic industrial policy thought to be infallible.”
Archive for 2018
“In 2009, The Economist wrote about an up-and-coming global power: Brazil. Its economy, the magazine suggested, would soon overtake that of France or the U.K. as the world’s fifth largest. São Paulo would be the world’s fifth-richest city. Vast new reserves of offshore oil would provide an added boost, complemented by the country’s robust and sophisticated manufacturing sector.
To illustrate the point, the magazine’s cover featured a picture of Rio de Janeiro’s “Christ the Redeemer” statue taking off from its mountaintop as if it were a rocket.
The rocket never reached orbit. Brazil’s economy is now limping its way out of the worst recession in its history. The murder rate — 175 people per day in 2017 — is at a record high. One former president is in jail, another was impeached. The incoming president is an admirer of the country’s old military dictatorship, only he thinks it should have killed the people it tortured.
Those whom the gods wish to destroy, they first tout as countries of the future.
I thought about The Economist story while reading a deeply reported and thought-provoking series in The Times about another country of the future: China. The phrase “rise of China” has now become so commonplace that we treat it more as a fact of nature than as a prediction of a very familiar sort — one made erroneously about the Soviet Union in the 1950s and ’60s; about Japan in the ’70s and ’80s; and about the European Union in the ’90s and ’00s.”
Bret Stephens, as my father liked to say, you’re not as dumb as you look. Thank you for another terrific, mind-bending piece.
I hope your are right, but fear you are wrong. The Chinese appear to be preparing for the future, fighting for our lives and the lives of our grand children against climate change, better than the United States, which is deeply troubling. You do not appear to understand that climate change is rapidly becoming a crisis. Humans are putting 110 million metric tons of carbon dioxide into the atmosphere every What.
Take a guess. Every year, month, week, day or hour. Take a guess.
Unfortunately the answer is daily. No wonder the coral and the shellfish are dying all over the oceans. Scientist who study the sixth extinction predict gloomily, that not only are we humans the cause of the sixth extinction, but we will be one of the myriad species that fails during it.
David Lindsay Jr. has written and performs a folk music concert and sing-a-long about Climate Change and the Sixth Extinction.
By Megan Specia Nov. 21, 2018 阅读简体中文版閱讀繁體中文版Leer en español How did China do it? When The New York Times set out to take a big-picture look at China, the what was obvious enough: Across the Pacific Ocean from the United States lies the world’s newest superpower, a rival to American interests both economic and political. The how was another matter. How did the land once commonly — and with some disdain — known in the West as Communist China
“How did China do it?
When The New York Times set out to take a big-picture look at China, the what was obvious enough: Across the Pacific Ocean from the United States lies the world’s newest superpower, a rival to American interests both economic and political.
The how was another matter.
How did the land once commonly — and with some disdain — known in the West as Communist China come to lead the world in the number of homeowners, internet users, college graduates and, by some counts, billionaires?
How did a once-cloistered nation with a flailing economy drive extreme poverty down to less than 1 percent? How did it achieve social economic mobility unrivaled by much of the world?
And perhaps most of all, how did a country that rejected all of the conventional wisdom Western economists had to offer arrive at a moment when it is on track to surpass the American economy and become the world’s largest?”
Scientists have repeatedly warned of its looming dangers, most recently on Friday, when a major scientific report issued by 13 United States government agencies warned that the damage from climate change could knock as much as 10 percent off the size of the American economy by century’s end if significant steps aren’t taken to rein in warming.
An October report from the United Nations’ scientific panel on global warming found that avoiding the worst devastation would require a radical transformation of the world economy in just a few years.
Central to that transformation: Getting out of coal, and fast.
And yet, three years after the Paris agreement, when world leaders promised action, coal shows no sign of disappearing. While coal use looks certain to eventually wane worldwide, according to the latest assessment by the International Energy Agency, it is not on track to happen anywhere fast enough to avert the worst effects of climate change. Last year, in fact, global production and consumption increased after two years of decline.”
Vandana Shiva: There Is No Reason Why India Should Face Hunger and Farmers Should Commit Suicide – EcoWatch
1,000 Pieces of Plastic Found Inside Dead Whale in Indonesia – By Daniel Victor – The New York Times
“More than 1,000 assorted pieces of plastic, including 115 cups, 25 bags, four bottles and two flip-flops, have been found inside a dead sperm whale in Indonesia, according to local officials.
The whale, found washed ashore Monday in Wakatobi National Park, was already decomposing when rescuers arrived, so investigators were unable to determine if the plastic caused its death, said Lukas Adhyakso, the conservation director of the World Wildlife Fund in Indonesia. The plastic weighed about six kilograms, or 13 pounds, he said.
But images of the dead whale resonated in Indonesia, a country that has started to reckon with its outsize use of plastics. Indonesia, a nation of about 260 million people spread over thousands of islands in Southeast Asia, was the world’s second-biggest producer of plastic waste in 2015, behind only China, according to a study in the journal Science.”
“Presidents Donald Trump and Xi Jinping are a bit alike, and that presents a danger to the global order.
The American and Chinese leaders are both impetuous, authoritarian and overconfident nationalists, and each appears to underestimate the other side’s capacity to inflict pain. This dangerous symmetry leaves the two sides hurtling toward each other.
The 10 percent tariffs already imposed in the trade war are scheduled to rise to 25 percent in January, but there’s also a broader confrontation emerging.
Trump and Xi may well be able to reach a cease-fire in their trade war when they meet for the Group of 20 in two weeks. Even if a deal is reached, though, it may be only a temporary respite that doesn’t alter the dynamic of two great nations increasingly on a collision course.”
David Lindsay: Thank you Nicholas Kristof. Yes, and here are the top comments, which I endorsed:
“It’s not just about powering growth. It’s also about national security and self-sufficiency.
China wants to build homegrown champions in cutting-edge industries that rival Western giants like Apple and Qualcomm. While China has a long way to go, the Communist Party is bringing the full financial weight of the state and forcing other countries to play defense.
In doing so, China is staking out a new manufacturing model.
Economic textbooks lay out a common trajectory for developing nations. First they make shoes, then steel. Next they move into cars, computers and cellphones. Eventually the most advanced economies tackle semiconductors and automation. As they climb up the manufacturing ladder, they abandon some cheaper goods along the way.
That’s what the United States, Japan and South Korea did. But China is defying the economic odds by trying to do all of them.
Look at the evolution of what China sells to the rest of the world. As it ramped up its manufacturing engine in 2000, China was pretty good at making basic products like toys and umbrellas.”