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To: freeandfreezing
China has avoided this problem by importing vast amounts of technology

Did you mean:

China has avoided this problem by stealing vast amounts of technology?

Socialism and communism are founded on theft. Steal from the people who create wealth, and give to the people who destroy wealth, "from each according to his ability, to each according to his need..."

54 posted on 08/22/2020 8:55:12 AM PDT by null and void (The Left weaponizes everything in the service of tyranny.)
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To: null and void
China has avoided this problem by stealing vast amounts of technology?

Actually no. I am well aware that businesses in China and elsewhere around the world steal a lot of intellectual property. But a far greater amount of technology was willfully transferred to Chinese businesses in return for money or other benefits. Many people try to portray China's success as being solely as a result of stealing technology, but that is just a cover story for the people who sold or gave the majority of the technology to them.

When US business owners and venture capital investors sold entire factories full of equipment along with the tooling, customer lists, and patent portfolios to Chinese businessmen that wasn't "stealing" it was a stupid policy based on short term profit over the longer term needs of our nation.

When Microsoft, Boeing, Apple, GE, and many others partnered with Chinese businesses and the Chinese government that wasn't "stealing" it was a shortsighted strategy driven by profit seeking corporate managers.

60 posted on 08/22/2020 9:38:51 AM PDT by freeandfreezing
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