How The United States Crushed Japan In The 1980s And Why It Cannot Crush China In The 2020s.
rogerboyd.substack.com
The United States government does not like what it sees as “strategic” industries failing and/or falling behind foreign competitors. It will do whatever it takes to crush such challenges, and any notions of “free trade” rapidly go out of the window. Free trade is only acceptable when it benefits US corporations and elites; when it doesn’t the US will spuriously cry “dumping”, “unfair trade practices”, or even “national security”. The fact that the foreign competitors may have been more efficient and effective, or that US management failed, is irrelevant.
How The United States Crushed Japan In The 1980s And Why It Cannot Crush China In The 2020s.
How The United States Crushed Japan In The…
How The United States Crushed Japan In The 1980s And Why It Cannot Crush China In The 2020s.
The United States government does not like what it sees as “strategic” industries failing and/or falling behind foreign competitors. It will do whatever it takes to crush such challenges, and any notions of “free trade” rapidly go out of the window. Free trade is only acceptable when it benefits US corporations and elites; when it doesn’t the US will spuriously cry “dumping”, “unfair trade practices”, or even “national security”. The fact that the foreign competitors may have been more efficient and effective, or that US management failed, is irrelevant.