But unlike China, America fashions itself as a bastion of capitalism. Borrowing Chinese practices seems a little antithetical to everything I see America as
America has been acting neutral for last decades, especially last 15 years where China has asymmetrically taken advantage of American companies. China is getting a taste of their own medicine and I am fine with that.
This is essentially admitting that the free market lost and doesn't work anymore. Because the free market has clearly decided that it likes TikTok, even enough to share its data with the company.
I don't think people realize how significant this might be.
how is this in any way in opposition to the free market? The information is freely acceesible, the fact that its hard to understand is the problem of the consumer no? The free market solution would be to have some kind of independent organization summarize this information and attempt to distribute it in the hopes people read.
Countries intervening in private industry for national security reasons is a pretty ancient phenomenon. I doubt many people will see it as a fatal compromise of free market principles.
Capitalism is the reason the US outsourced its manufacturing to China to begin with - borrowing Chinese labor practices and corruption to do an end run around its own ideals for the sake of maximizing profits.
I mean, America is the country that fought the Nazis then hired them to build their space program just so they could plant their flag on the Moon and claim it before the Soviets. Hell, American companies were doing business with the Nazis while at war with the Nazis.
No nation puts it principles ahead of its interests.
> But unlike China, America fashions itself as a bastion of capitalism. Borrowing Chinese practices seems a little antithetical to everything I see America as
China is approaching fascism from the Lenin-Stalin-Maoist “Communist” side, the US from the mixed economy welfare state side. That they should be increasingly borrowing unpleasant tactics from each other is unsurprising, even if contrary to the image each side tries to project for propaganda purposes.
The US hasn't yet quite established unquestioned control of the faction working to implement fascism, so has a better chance of changing course in the near future.