The rivalry with China is palpable but history teaches us lessons about how it’s easier to blame others than blame ourselves
China’s increasingly aggressive geopolitical and economic stance in the world is unleashing a fierce bipartisan backlash in America. That’s fine if it leads to more public investment in basic research, education, and infrastructure – as did the Sputnik shock of the late 1950s. But it poses dangers as well.
More than 60 years ago, the sudden and palpable fear that the Soviet Union was lurching ahead of us shook America out of a postwar complacency and caused the nation to do what it should have been doing for many years. Even though we did it under the pretext of national defense – we called it the National Defense Education Act and the National Defense Highway Act and relied on the Defense Advanced Research Projects Administration for basic research leading to semiconductors, satellite technology, and the Internet – the result was to boost US productivity and American wages for a generation.
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