"Prior to the 1980s, American companies built things domestically, because they risked losing control of the technology if they built things abroad using contractors. But when we tightened IP rules, and embedded those in global trade agreements, it became possible for say, Apple to make its products in China using someone else’s capital while maintaining strict control and high profit margins"
#MattStoller, 2026
https://www.thebignewsletter.com/p/youll-own-nothing-and-be-happy-why
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