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The original 'China shock' research was about American institutions failing the communities that were hit, not about unfair Chinese competition.
Drawn from what Adam Tooze said
What Adam Tooze actually said
- Adam Tooze Economic historian, Kathryn and Shelby Cullom Davis…
The original point of the China Shock 1.0 discourse was not to foreground the unfairness of Chiense competition, so much as the malfunctioning of US policy and societal institutions in the face of concentrated globalization shocks.
Where this was said
↗Chartbook 462: China shocked - beyond 1.0 and 2.0 to the "Big One".adamtooze.substack.com
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