britechguy
Well-Known Member
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- Staunton, VA
China has the benefit of a leadership with actual goals. Those goals include our destruction... they're acting on a plan based on their goals. We're over here playing the red v blue game while the planet burns in the balance.
I do not, even for a moment, believe that China is in any way interested in killing the goose that keeps laying the golden eggs for them, and the USA is a big, big one of those geese. They are every bit as dependent on us as we are on them.
I agree with you on the "they have leadership, and we haven't, for quite a while" position, though. And I'll openly admit that I place the blame for that squarely on the political right in our nation. It would be very difficult for anyone except on the fringe right in the USA to consider my politics overall as anything beyond center-left.
One of the things I have been amazed that the "corporatists," regardless of which political party they're in, have failed to grasp is just how dangerous it is to national security to outsource the manufacture of the vast majority of things we depend on. I am a believer in government intervention in markets, even here, because the following quote is absolutely true, in my observation:
'Well-regulated free markets' is not an oxymoron, but a necessity for good economic outcomes.
~ Peter Diamond, winner of the 2010 Nobel Memorial Prize in Economic Sciences
But also because propping up certain industries is an essential part of national security. I grew up in coal and steel country, and coal is, even to me, "good riddance," but our letting go of steel manufacturing, among numerous other things, was not, and remains, a tragically bad decision from a national security perspective.
We really couldn't do what we did when World War II arrived now. There is just not the manufacturing infrastructure to "repurpose" as there was then.
There is an excellent opinion piece in the New York Times by Darren Walker, President of the Ford Foundation, entitled, Are You Willing to Give Up Your Privilege? Philanthropy alone won't save the American dream, that is not at all what most would think based upon the title. One of the things he says, that I've been saying for years, is: This will require rejecting Milton Friedman’s outmoded ideology: the dogma that a company must put shareholder value above all other objectives. It will require that corporations operate, in the words of the Business Roundtable, “for the benefit of all stakeholders — customers, employees, suppliers, communities and shareholders.”
I was raised during, and was the at the very tail end of generations that benefited from, business leaders having the conviction, and acting on it, that running a business was for the benefit of all stakeholders, and when push came to shove it was your employees to whom you owed your loyalty even more than the shareholders. It not only made moral sense, but great business sense, because hanging on to experienced people through the hard times, which made them want to stay with you and do their absolute best, is the best way to ensure long-term success in a business. Employees are not "interchangeable parts," and that newbie isn't worth diddly compared to the person who's been with you for several decades and has institutional memory as deep as the ocean. We've got to get back to realizing this, and doing things in both the private and public sectors that reflect that we realize this.