Re:China Plans to Ban Exports of Rare Earth Magnet Tech
by SkyMarshal on Thursday April 06, 2023 @02:43AM
(#35465011)
There’s roughly three levels free vs unfree:
1. Democratic countries that mostly abide by international law and the rules-based order.
2. Non-democratic countries that also mostly abide by international law and the rules-based order, because they benefit from it more than not doing so.
3. Non-democratic countries that reject international law and the rules-based order.
The US trades with #1 and #2, and was hoping to make China into #2. But unfortunately it doesn’t look like that’s going to happen, China is in the grey area between #2 and #3 and probably trending toward #3.
Re:China Plans to Ban Exports of Rare Earth Magnet Tech
by jacquesm on Friday April 07, 2023 @01:33AM
(#35478395)
2 works for small countries, if countries are large enough they can afford themselves to be a 3, which otherwise is reserved for failed states and outright dictatorships.
1. Democratic countries that mostly abide by international law and the rules-based order.
2. Non-democratic countries that also mostly abide by international law and the rules-based order, because they benefit from it more than not doing so.
3. Non-democratic countries that reject international law and the rules-based order.
The US trades with #1 and #2, and was hoping to make China into #2. But unfortunately it doesn’t look like that’s going to happen, China is in the grey area between #2 and #3 and probably trending toward #3.