Thing is, even with their current endless troubles, there is not a single foreign competitor with substantial scale on PC/Server CPUs (Intel), or the end-to-end networking/cloud/cybersecurity/DevOps IT backend that IBM can provide. And since China has no similar corporates of equivalent or larger scale,
The thing is, you've basically never been right about anything on this forum. Even without in-depth knowledge, it's easy to see that none of what you said matters even if it's true because America has no chance of preventing China from running it over in the tech war.
that US workers are 4x more productive is obvious
Only to those who can't read charts and are mathematically illiterate. To others, it's obvious that the fact that the US has a larger portion of its population in critical sectors as a developed country only underlies how much extra potential China has as it develops. And also in every STEM field both academically and professionally, Chinese workers in the West and China are far more than a match one vs one for any worker from any other nation on average.
- US workers are able to produce goods and services in scale, price, and reliability that simply have no foreign equivalent whatsoever.
Except China grows much faster with or without them so either they are unnecessary, you're wrong, or both.
even the EV/HSR/5G/nuclear comparisons fall flat because there - Tesla, Rivian, Wabtec, Westinghouse, Cisco/Mavenir/Ericsson US all are similar-ish items produced in the U.S.
"Similar-ish" is a very lax term used for this comparison. Of those things you mentioned, China holds a clear lead and the US cannot produce anything competitive. If you thought that China's airline industry is incomparable to America's, then those American companies you mentioned are incomparable to China's. Main difference is that while China's airline industry is in its infancy, those other American firms are legacy firms that have succumbed and lost their incumbent advantage to newer Chinese challengers. Tesla seems better than the rest but it's only still there frim incumbent advantage and it's being eroded fast to superior Chinese EVs.
lol, no. US corporates lose lobbying fights all the time see for example, the price caps on insulin, bank regulation capital requirements post-SVB, the endless utility company grumpiness at rate filings, etc. the claim that in China, politics rules over capital is also dumb; the current slow-moving real estate crisis in China is because Chinese politicians didn’t want to make homeowners mad so they pushed off popping the real estate bubble until it could not be pushed any longer, and thus it has resulted in far more deleterious outcomes than if they popped it earlier.
It's about frequency; stupid people don't always do stupid things and smart people don't always do smart things but they are defined by the ratio of correct and incorrect decisions. In that, it is clear that America is far more slave to the corporates and China is far more a master in comparison to each other.
Also, for your China example, you
1. attributed an imperfect (but still way better than America's) response/reaction time to weakness to lobbying rather than natural human imperfection.
2. confused corporate elite lobbying with concern for the general economy and homeowners, which make up over 90% of China's population. This is consideration for the masses, not the elite which wants to drain the masses, as is hallmark in American capitalism.
Nope, trade surpluses measure savings rates.
Nope, you're an idiot. It's exports minus imports.
This is the classic sectoral balances identity: the trade balance is equal to household savings minus business investment plus taxes minus government spending.
That is literally the most retarded definition of a trade surplus I've ever heard. The elements of your equation would all be present and non-zero in an economy without foreign trade, yet you think it would result in a number representing trade surplus. This is pretty much the epitome of academic-sounding bullshit.
Since U.S. households have had a century of unrelenting prosperity and stability with an unrelentingly efficient financial sector that’s able to insure away common risks, they have no reason to save money
Haha, this bullcrap again. Yeah, Americans are so confident against risks in their future, they don't bother studying or working so they end up high school drop out bums doing drugs on the street! That's how good the US economy is, right? LOL Meanwhile, countries where people save up, own homes in far greater numbers than the US, have kids studying hard at STEM so they can become engineers and scientists are actually the ones with instability and economic issues or else what would everyone have all their shit together for, right? Yes, by this "logic" and definition of stability and success, America will stay on top of the forseeable future.
ASPI did no such thing. ASPI’s research counted papers only, not commercialized products. Whether China is able to commercialize research to any appreciable extent is an open question. But for now, the U.S. leads on commercialization by a long shot.
And how did you come to this conclusion given that China owns the most patents and industrial patents in the world by far?
You can’t sell vaporware. You can sell actual technology though
That's why China's tech exports lead the world while you rant about the complexity and superiority of American vaperware.
No: the U.S. has limited labor and capital units and because the U.S. has access to a serene international environment, is able to create a highly efficient wealth-maximizing trade environment where the U.S. flies dominant in high value-added sectors and outsources the rest to other countries, all operating under U.S. IP constraints.
That all worked until China showed up, began out-innovating everyone, and has broken free of US IP contraints. I can see why the US panic-started the tech war even though it was clearly going to turn out horribly for America in the end, which is only in a few years. Desperation fuels stupidity.