21–30 of 114 posts
Crazy that congress is fighting over ownership of TikTok, but letting a critical piece of US manufacturing be foreign owned with hardly a word.
You can't "solve" TikTok short of shutting them down.
Strongly recommended blog post: ‘“No inventions; no innovations," a History of US Steel’ by Brian Potter https://www.construction-physics.com/p/no-inventions-no-inno...
That's...surprising.
Crazy that congress is fighting over ownership of TikTok, but letting a critical piece of US manufacturing be foreign owned with hardly a word.
Strongly recommended blog post: ‘“No inventions; no innovations," a History of US Steel’ by Brian Potter https://www.construction-physics.com/p/no-inventions-no-inno...
Earlier quoted context omitted.
For now? I am pretty sure that at one point China was an ally and Japan an enemy. I think.
China has never been a western ally
Earlier quoted context omitted.
For now? I am pretty sure that at one point China was an ally and Japan an enemy. I think.
In the 80s and 90s there was a lot of hostility to Japan, because they looked like they might surpass us economically. They were even the villain of some Tom Clancy books. Now, the fear/hate is aimed at China, same reason.
China has like ten times the population of japan, is now a dictatorship (like the roman republic, maybe?), the territory is massive, is a russian ally and a couple more reasons.
Crazy that congress is fighting over ownership of TikTok, but letting a critical piece of US manufacturing be foreign owned with hardly a word.
Strongly recommended blog post: ‘“No inventions; no innovations," a History of US Steel’ by Brian Potter https://www.construction-physics.com/p/no-inventions-no-inno...
> To maintain prices in the face of fluctuating demand, Gary would gather the industry’s leadership together in regular “Gary Dinners,” where price levels would be agreed upon and Gary would “exhort the chairmen, presidents, or other major owners of steel companies to maintain rank.” Those who refused to cooperate would be “disciplined” by the others. Many former Carnegie Steel executives, schooled in the intense competition of the Carnegie years, were allergic to this strategy, and departed for other steel companies.
> Under his leadership, the company successfully fought off a Justice Department lawsuit to break up the company as an illegal monopoly. (Perversely, the court ruled that the Gary Dinners proved that US Steel did not have the power to set prices, and thus couldn’t be a monopoly).
This makes me wonder if we just need totally different laws that are not going to be mired in lawsuits that drag out for years while monopolies and oligopolies continue making money. Maybe we just need higher taxes for the biggest corporations.
Earlier quoted context omitted.
I think the critical difference is that Japan is an ally and China is not.
For now? I am pretty sure that at one point China was an ally and Japan an enemy. I think.