this post was submitted on 09 Feb 2024
352 points (95.4% liked)
Technology
71989 readers
2990 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Let's see, in the 80s we rapidly moved much of our technology manufacturing to China, and now we're shocked that China has this knowledge?
That’s because the Chinese experience was very peculiar. When American and European investors and industry giants went abroad to outsource manufacturing, they brought in the capital and left with the profits. But the capital, and technology or knowledge, never spread in the colonies or neo-colonies. When China “opened up”, they were real clever about it. They said: “sure, you can open your factories here where there is an abundance of cheap labor. But in exchange, we want the knowledge and technology”. And since opening up China to foreign capital has been the wet dream of capitalists and proto-capitalists for the past several hundreds of years, they accepted the deal. So China was left with the know-how to be able to set-up their own national industries. And the profits of exporting manufactured goods was used for strategic industries and infrastructure, unlike most colonial and neo-colonial experiences where the profits are just pocketed by a national bourgeoisie.
that's because most colonial/neo-colonial experiences are about raw resources extrativism
there quite a few billionaires in China
There sure are billionaires in China. But they don’t control the political structure like the billionaires do in the US. They are controlled by the political structure. When has it been the last time the US or EU executed a billionaire for harming the environment?