The 'free markets' idealism is at best naive. Making money by arming your adversary (see above) doesn't make much sense. Your first sentence happens to correspond to Chinese propaganda but that's surely a coincidence.
Long story short, the US is upset that China started doing what they were doing for decades. Oh, the irony...
You guys seriously need some readings in economics in order to understand the position you’re in. You’ve allowed your rentiers to deindustrialize your country to chase profits in the global south.
What do you guys think you’re getting for your deindustrialization? Financialization. What does that mean? It means you’re getting, in large part, the benefits from your first paragraph – and associated rents.
But yeah, Chinese propaganda and such and such is easier to sell.
It is a myth that the U.S. has deindustrialized. The value of manufactured goods in the US has markedly increased over the decades. It has only ever dropped significantly during recessions.
It is no secret that manufacturing was moved to Asia and you’re presenting figures of “sale values”.
What does this say of the industries? What is the production like? What is meant by manufactured? Is this inflation adjusted? Value is up but what about throughput? What is being produced and who is buying it?
Manufacturing employment has been falling for over 40 years [1]. We live in a service oriented consumption based economy.
[1]: https://www.bls.gov/opub/btn/volume-9/forty-years-of-falling...
In any case we saw that "change by trade" ("Wandel durch Handel" in German) aka spreading the idea of human rights and democracy by establishing trade zones and routes didn't work out - most of Africa is either failed states, military dictatorships or theocracies, everything in the "Middle East" is either theocracies or on the fringe of becoming one (Israel), the situation in Asia isn't much different.
In addition to that, our own democracies are nearing tipping points as well with the rise of the far-right that mostly makes bank by exploiting the destitution that globalization has brought upon our societies where a lot of manufacturing and other industry jobs have been shipped off to Asia.
Globalization needs to be turned back. I do not see any valid reason why the money of Western people should be flowing towards countries that actively disrespect our values.
But they were not- and could not be relied on if a colonial empire singled you out and cut trade. Thus the war aims, the goals and execution. The existence of the british empire or a similar empire was the precondition for WW2.
And like I mentioned in a comment above, it's the US drawing a line in the sand, signalling to the world you can play nice and continue to have access to US tech, or don't and good luck
And will it really take researchers in China that much longer to get a chip? Maybe like a few extra weeks?
And you think 'a few extra weeks' is all it'll take for the Chinese to develop the technology that ASML has taken several decades to perfect, which is required to produce these chips?
I guess if they steal ASML IP, sorry, relate to ASML intellectual property differently, you might be right.
Yes, that's what I'm saying. Do you feel that our relationship to intellectual property is somehow less rooted in culture or that it deserves more respect?
> And you think 'a few extra weeks' is all it'll take for the Chinese to develop the technology
No, I said that a delay of a few weeks before beginning their research wouldn't be a major setback in the grand scheme of their work.
Nothing else.
It doesn't mean the concept is universally accepted.
Thats why I'm kinda rooting for multipolarity in the 1st place!
A unipolar world isn’t fair but when no one is near-peer with the toughest guy on the block, a fight is unlikely to break out - that toughest guy often plays police too so war among the rest is reduced as well.
Gov and ppl in power always influence stuff
It’s dog whistling for the rentiers.
It doesn’t actually exist in the shape that people often think it does. People really think that it’s all about non-government interference within the markets but after 08 and the bajilion other once in a lifetime market meltdowns, I don’t know how anyone can say that this fairytale version of the free market exists.
It doesn’t exist and if you’re working class and you think it does you aren’t serving yourself.
The free market is one that is free from economic rent.