Industrial Development Quotes



The major problem at the time was not the capitalist in the industrial revolutionary sense of the word as there was little industry. China as an agrarian society but the vast majority of the land was owned by relatively few wealthy families. It was close to a feudal system and that was the target for the Communists and their revolution. There was a very small proletariat. Their methods were brutal, but they executed the landlords and the class warfare ended quickly. Sun Yat-sen was not able to solve the land problem, nor was Chiang Kai-shek as most of his major supporters were landowners of warlords who controlled the landowners.


This same argument was used before and since to justify protecting domestic manufacturing from foreign competition until it can mature sufficiently to compete in a global economy. One difficulty occurs if protective tariffs are imposed for this reason. The manufacturers protected never seem to reach the point where they can compete without the subsidy.


In the early years of our nation, there was not much intellectual property being developed in America. We were an underdeveloped nation, and we took whatever we could get regardless of laws. Alexander Hamilton for example urged obtaining industrial trade secrets and even machines by whatever means was necessary. However in the latter part of the 19th century, Nathaniel Hawthorns, Mark Twain and other creative Americans persuaded the government to join copyright conventions; we had become the victim of intellectual piracy rather than the pirates. Then we became the leading nation in advocating and enforcing intellectual property rights. This coincided with our becomng the leading producer of intellectual property. Intellectual property rights has always been an issue of “whose ox was gored.” The US position is somewhat hypocritical given our early history. However, respect for intellectual property rights, we now argue, in our modern global economy will encourage businesses to not only invest in developing countries but allow their technology and trade secrets to be used in the developing nation.


La Guardia was the first member of Congress with flying experience and was alarmed that although Americans had invented the airplane, most airplanes were developed and manufactured in Europe and not America: