We have spent 30 years forgetting how things are made. Now China has the keys to the matter and the West is in panic
For the past three decades, Western democracies have operated under an intellectual mirage. Elites, blinded by a neoclassical bias, assumed that control of intellectual property, financial instruments, and software code constituted the pinnacle of value creation. In this worldview, physical processes—the “dirty work” of mining, refining, and manufacturing—were considered low-margin commodity services that could be … Read more