"Technology transfer" was the liberal American business school and developing third world mantra, back in the 60s and 70s. Not just free trade, subsidies, and trade and tariff and nontariff concessions, but flat out technology transfer. I know; I lived through it.
What is so comical, in a dark comedy sort of way, is that the Japanese actually openly bragged about hollowing us out, way back in the early 1970s, right about the time of the Nixon Shock.
Now, of course, we are pancake material for the Chinese and others.
Someone saw this old post here from 2011, sort of says it all:
Sunday, August 14, 2011
Re GABOR STEINGART SEES WHAT I HAVE SEEN TOO
Here was a prior post bemoaning the history, the aspect of open subsidized higher education here, 50 years on now. I am certain almost no reader grasped the meaning back then:
He points out the obvious point, re direct transfer by foreign direct investment, also going on for many decades now, and chronicled repeatedly on this site, in a great book, The War for Wealth, here at page 163:
"Knowledge used to be......
never before in history has there been such a massive transfer of knowledge-- without war or conquest-- from one social group to another."
Here was how I put it:
'Never In The History Of Human Conflict Has So Much
Been Given Away to
So Many By So Few.' (I later added, "for so little, so
quickly")
Great point to make, the one I have been making, but how to put it now,
As I have said, game over.
He points out the obvious point, re direct transfer by foreign direct investment, also going on for many decades now, and chronicled repeatedly on this site, in a great book, The War for Wealth, here at page 163:
"Knowledge used to be......
never before in history has there been such a massive transfer of knowledge-- without war or conquest-- from one social group to another."
Here was how I put it:
'Never In The History Of Human Conflict Has So Much
Been Given Away to
So Many By So Few.' (I later added, "for so little, so
quickly")
Great point to make, the one I have been making, but how to put it now,
As I have said, game over.
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