alt Hacker News> The problem is a management pattern: removing people and organizational slack because they don’t generate immediate profit, and then expecting the knowledge to still be there when it’s needed.
I think that's still a symptom. The real problem is ideology: the monomaniacal focus on profit-making business, which infects our political leaders, down to capitalists and business leaders, down to the indoctrinated rank-and-file. Towards the end of the cold war, the last constraint on it were abolished, the the victory over the Soviet Union made it unquestioned.
The Chinese don't have that ideological problem. Their government appears to not give a shit about how much profit individual business make, they care about building out supply chains and a capabilities. They will bury the West, so long as the West remains in the thrall of libertarian business ideology.
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West: We need profits and then we’ll try to build something useful.
China: We need to build this useful thing and then later let’s try to make profits, too.
What do you think the war in the gulf is about, the US cannot compete with China so they are destroying the global system that enabled them. There is no plan to have a peace with Iran, only perpetual war and the destruction of the middle east, starvation in East Asia and poverty and nationalist wars in Europe, potentially with Russia taking over vast swathes of Eastern Europe again. Suddenly Russia is the one in charge of the China-Russia relationship. It's such a stupid plan for the US that you might think it was designed by Putin himself.
The US is stuck in this weird irony where they recognize that Soviet-style central planning is a disaster but can't recognize that it's what megacorps do when they're insulated from competition. Internal politics, perverse incentives and a system that can sustain massive inefficiencies right up until the point that it doesn't.
In general productive economic activity generates a surplus and that surplus allows for slack. Human beings intuitively understand this. Hobbies are frequently de facto training for things that aren't currently happening but might later. Family-owned and operated businesses are much less likely to try to outsource their core competency for the sake of quarterly profits.
But regulatory capture and market consolidation causes the surplus to go to the corporate bureaucracies capturing the regulators instead of human beings with self-determination and goals other than number go up, and then the system optimizes for capturing the government rather than satisfying the people. "When you legislate buying and selling the first things to be bought and sold are the legislators." You throw away the competitive market and subject yourselves to the unaccountable bureaucracy, and then try to pretend it's not the same thing because this time the central planners are wearing business suits.