And this requires swallowing our pride here, right? As if we had to study from China, despite the fact that American politicians do not want to admit it.
Yes. I think we should all swallow pride. My personal philosophy is that if someone wants to serve me shit, my answer always sounds: “Sir, can I have another?” In this way we should all live.
The engineering went wrong
Do you think that technology companies prefer to act in a country managed by an engineer, such as China, than legal society in America?
Companies generally prefer to have a certain degree of rules by engineers. Because engineers are much more focused on doing very rational things, such as thinking on how to build a great metro system. Perhaps their recipes are also more rational.
This does not mean that the lawsuits are bad everywhere. Sometimes companies have a great time, posing each other and protecting their intellectual property. But generally a common sentiment among business elites is that the Chinese government understands us. You see it with Elon Musk, praising the Prime Minister of China, who helped him build Gigafactory in Shanghai.
But you too he wrote recently that entrepreneurs and management may sometimes feel unhappy because the Chinese government changes their opinion very rapidly.
Sometimes it is so that the engineering state treats many society and the economy as simply another engineering problem. They try to design a population, first do not have children, and now, after having more children or economy, from appreciating profitable sectors to too much delving into sectors that better serve the national interest. And these efforts often go back, because the economy and society are not relatively elementary systems, such as a really huge hydroelectric dam.
One of the main conclusions you draw is that the government managed by engineering is to make more rational decisions. I agree with you to some extent, but I don’t know if I can trust the Chinese government that he always makes a rational decision. This kind of uncertainty, isn’t it bad for companies?
Yes, I think that six years of life in China made me realize that the government could be too competent.
This idea of being focused on a specific purpose and simply loading at full speed.
Correct. And experiencing the experience of the zero-yellow, I think that something I realized is that the border between rationality and irrationality is a bit blurred.
Has this experience influenced your belief that China should be 50 percent more lawyers?
It would be good if people had some way to secure some of these terrible things, such as the policy of one child. I am not worried that China will ever become similar to a lawyer and will not be able to build almost everything. It would be great if China had some actual procedural security, and the United States had reasonable costs associated with building infrastructure also on reasonable dates.
This is the edition Zeyi Yang AND Louise Matsakis Made in China bulletin. Read previous newsletters Here.
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