Sunday, August 06, 2017

How the USA made China the new world leader

After WWII,  production of goods, research, design, innovation mostly came from the USA. How did it change? 

Capitalism changed from the idea of "building a better mousetrap" to "making the most profit".  Using a few examples from Intel you can see the great giveaway followed by many American industries.

  • 1998 Intel in China

BEIJING, May 5, 1998 – Intel will open an information technology research and development center in Beijing, China, Dr Andrew S. Grove, chairman and chief executive officer, said here today.
INTEL.COM

  • 2007 Intel confirms $2.5 billion plant in China

    The rumors have finally been confirmed by the source itself. Intel announced this week they will be investing $2.5 billion in a 300-millimeter wafer fabrication facility, which will be built in the Chinese city of Dalian.
    TECHSPOT.COM
  • 2014 Intel to invest $1.6 billion in China factory
    Intel Corp (INTC.O) will invest $1.6 billion to upgrade its factory in the city of Chengdu in western China, the latest sign of how the chipmaker is deepening ties in a market that is proving increasingly troublesome for some U.S. technology peers.
    REUTERS.COM

  • Today.
    Intel is just one example.  Many companies have done the same, following the dictates of the 1% who only care about more profit. We didn't just give away the jobs. We gave away the research and innovation. We gave away the soul of the country.
    The Result of the giveaway:
    Patent applications for the top 10 offices, 2014[2]
    Rank - Country - Patent applications
    1 China 928,177
    2 United States 578,802
    3 Japan 325,989
    4 South Korea 210,292
    5 European Patent Office 152,662
    6 Germany 65,965
    7 India 42,854
    8 Russia 40,308
    9 Canada 35,481
    10 Brazil 30,342
    Contrary to popular belief, innovations don't come out of thin air while you're in your garage someday. They come from the people who work in an industry every day and imagine a better way to do what they have been doing.