Re:ASML reports fire at its Berlin factory
by jazzyjackson on Tuesday January 04, 2022 @12:42AM
(#29791815)
I have a very different opinion on China's totalitarianism (which I am very unimpressed by); I only meant to argue that China possesses expertise that we do not, yes, because of our own Ricardian motivations, but that leaves us in a position where we cannot build our own bridges, trains, nor even computer chips even if we wanted to. You can say we are no longer burdened with manufacturing our own goods, and have moved onto more productive, intellectual pastures, but I'm not so sure. It seems like we spent our capital building up off-shore talent and have enjoyed the largess of lower cost of living, leaving a lot of infrastructure unmaintained. I could go on with my cynicism, but it's not especially productive ;)
But exercising centralized control while eliminating internal dissent through propaganda or ignoring it because dissenters are effectively disenfranchised, as much as it's a thing many people in the US would love to do, isn't one of the things we outsource to China (neither, viewing the same claim through a different lens, is physical Infrastructure in the US.) So, to the extent that that story reflects something they genuinely have absolute advantage in, it's not really relevant to the “why do we go to them for the things we go to them” for. Heck, a lot of the things we have gone to them for, like low-cost manufacturing of a variety of goods, are moving out from China to other places as they develop just as they moved out of more developed places to China, because with more development comes higher proficiency in areas that less developed states can't substitute for at all, so comparative advantage leads to them getting more of the things they can do, even if they aren't great at them on an absolute scale.