If America Doesn’t Implement the “Buy American” Vision Now, the 21st Century Will Be the Chinese Century
Technological independence and repudiating “free trade” are key
A technological arms race is underway right now between China, the United States and Western Europe.
The stakes include military superiority, economic prosperity, and the status of being the political and economic system the world wants to emulate.
China’s most urgent priority is to become independent of American technology, as Fareed Zakaria highlighted on his January 24th CNN show.
At the moment, many products manufactured in China require parts from America, including products sold into the domestic Chinese market and equipment used by the Chinese military. They’re throwing massive resources into becoming technologically independent of the United States.
In this, China is simply doing what George Washington and Alexander Hamilton laid out in 1791, and if we don’t get back to that vision quickly, the 21st-century will, indeed, be the “Chinese Century.”
Technological independence and international trade policy are, it turns out, two sides of the same coin.
