Fascinating in the Extreme: How American Capitalists Industrialized China Without Tariffs.

[NNadir]

Chris Keefer is a Canadian Physician who has become famous for his advocacy of nuclear energy, but beyond that he's an intellectual powerhouse par excellence.

He runs a podcast called Decouple, which usually has guests discussing nuclear energy.

However, disturbed as he is by the unnecessary and stupid trade war undertaken as a prelude to the collapse of the United States, he hosted a very interesting economist, who as part of his talk, describes visiting China in the 1980's, and seeing how American capitalists, interested in screwing American Labor, created the rust belt, and built a capitalist class in China that is now home to the strongest industrial base in the world.

The comment on having a conference in the US on machine tool manufacture with only American experts, vs having one in China with only Chinese Experts is worth it alone. Some fun comments on the Eloon are therein.

The Industrialization Playbook

Enjoy.

(Dr. Keefer wants no part of American Nuclear Technology; he wants pure Canadian nuclear supply chains, pure Canadian built reactors and pure Canadian technology. I, for one, can't blame him; they make some of the most important reactors in the world, the CANDU.)