Re:Shenzhen is Like Living in a City-Sized TechShop
by grinich on Friday May 03, 2013 @03:17AM
(#5649247)
It astounds me how many American's don't realize this, and instead attribue global dominance to "the American dream" or some crap.
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Re:Shenzhen is Like Living in a City-Sized TechShop
by rayiner on Friday May 03, 2013 @10:44AM
(#5650320)
They "don't realize" it because its un-economic. If free trade is Pareto efficient (it makes everyone better off), it makes no sense that America would prosper more from Europe being a burned out husk than from it being a well developed trading partner. At least that's what free-traders tell us: we benefit from China becoming rich.