HOW JAPAN PICKS AMERICA'S BRAINS Much of its economic success has been built on bought, borrowed, or stolen technology. Now U.S. companies are striking back
"muh stolen teknolojee" Japan was literally the China of the 1980s. China is the China of today, the problem is that China is 10x bigger than Japan both population/landwise, and is a nuclear power. Meanwhile Japan had literal US military bases all over its soil.
I’m reading Long Twentieth Century and Arrighi talks about how America didn’t succeed by just becoming the next Britain, but by making import tariffs and the liberalization of theirs and their victim’s markets part of negotiations; this always ensured they had a strong negotiation position every time.
https://i.imgur.com/Dq5cuUZ.jpg
https://2go.at.webry.info/200901/article_6.html
The Plaza Accords happened in 1985, Japanese semiconductor industry started collapsing 3 years later (with a concomitant rebirth of US industry)
https://money.cnn.com/magazines/fortune/fortune_archive/1987/12/21/69996/index.htm
"muh stolen teknolojee" Japan was literally the China of the 1980s. China is the China of today, the problem is that China is 10x bigger than Japan both population/landwise, and is a nuclear power. Meanwhile Japan had literal US military bases all over its soil.
Reagan had put tariffs on something like a quarter of all electronics imports by the end of his presidency, most of which came from Japan.
I’m reading Long Twentieth Century and Arrighi talks about how America didn’t succeed by just becoming the next Britain, but by making import tariffs and the liberalization of theirs and their victim’s markets part of negotiations; this always ensured they had a strong negotiation position every time.