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Why political revenge narratives don't make sense to me.
It essentially implies the difference between the right wing and left wing argument about things are about morals and not about the effectiveness of policy or economic ideas for the good of our country and our citizens. If "your rules fairly" includes doing things that you think are stupid, inefficient, counter-productive and extra prone to corruption then doing it back would be strange.
Presumably if you hold an idea like "smaller governments are generally better for a country's growth" or "the state taking ownership in companies leads to bad incentives" or "free speech benefits the country's citizens and the country as a whole" then it would make little sense to abandon them once you've taken power if you want the best for the nation.
After all if you care about the country, I would assume you want good and effective policy. If you see the left's policy ideas as bad and harmful to our future, it's not a great idea to join in on the self-harm. Unless you're a traitor and hate the country, you would be pushing for what you think is the best policy. Now people might disagree on what is best for growth, what is best for the people, and what is best for the country but we should expect them to pursue their ideas in the same way if they care about America, towards ideas they think are good.
This is part of why principled groups can stay principled so easily. An organization like FIRE truly believes that free speech is beneficial. Suppression and censorship when their side is in power would be traitorous to the good of the country in their mind, even if done out of a desire for revenge. A person like Scott Lincicome of CATO truly believes that government taking equity of private enterprise is bad policy, and thus it's easy for him to critique it.
They aren't "turning the other cheek", they just actually believe in the words they say and the ideas they promote. They want good policy (or at least policy they think is good) for the benefit of the country. Sometimes you can see this in politicians, like how Bernie Sanders supports the plan to take equity in Intel. He believes government ownership of corporations is good for the country so he supports it even when the "enemy" does it. I think he's a stupid socialist but it's consistent with what I expect from a true believer. And you see with libertarian Republicans like Ron Paul, Justin Amash and Thomas Massie criticizing the Intel buy.
Counter to this, the "revenge" narrative comes off like the advocates never believed the words they were saying. It suggests their stated beliefs don't reflect what they think is good for the future of the US, but rather personal feelings and signaling to their in-group community. If they changed their minds it would be understandable, but if that's the case then the revenge narrative is unnecessary to begin with, they can now argue on the merits.
For most policy positions, the revenge effect is not there. If the other party bans abortion or immigration, you will not be tempted to do the same in retaliation.
The retaliation is mostly on procedural norms which get changed to wage the culture war. If your side is firing all the federal employees who support the other side, then my side will do the same whenever it is in power. If your side is deploying the national guard to unfriendly cities, then my side will deploy the national guard to unfriendly cities. If your side is rounding up residents and deporting them to El Salvador megaprisons without due process for having some tattoos which may or may not be gang related, then my side will interpret displaying a confederate flag as renouncing one's US citizenship and deport them to Venezuela, so your side will retaliate by doing the same for the pride flag.
Of course, it is hard to play tit-for-tat with perfect proportionality, because situations are not symmetrical. So things escalate over time.
Again, I get why people justify their revenge narratives.
Just no one has even tried to explain how exactly government buying up and owning private enterprise is a smart idea (something that we've been saying isn't good for decades) and why it's a solid goal towards improving the nation's economy and wealth.
Bernie Sanders at least tries to explain this, because Bernie Sanders is a socialist who thinks capitalism is bad and corporations are just greedy and needs big government regulations to spank them. I've yet to see much attempt to explain it from a new conservative side, and the little I do sounds very similar to the socialist one (same way I keep seeing "greedflation" in some right wing populist spaces).
Ironically it seems to be one of the things the new right really hates. A new big government socialist minded capital hating populism that has invaded the traditional minded conservative thought and crowded out the original inhabitants.
The traditional conservative like the Reaganites would explain government imposed market distortions, the folly of protectionist policy, etc. The new conservative says "companies are greedy, they raise prices because they got even greedier"
... to steelman the counter-Lincicome argument:
High-grade semiconductors have massive military and economic importance. There are a variety of things that either can't be done, or can only be done on glacial timescales, just going from <10nm to 100nm process scales, due to thermal, electrical, and latency issues. Losing the ability to produce or source those processors would put a country literally twenty years back; having them sourced to a supply chain that's opposed to that nation risks serious security and core functionality threats. AI is the current-day focus, but these tools are necessary for everything from telecommunications to hardware control to transportation in their 'conventional' programmed form.
((It's actually worse than it sounds, because in a lot of military and industry roles you can't just switch out a scavenged motherboard and CPU and call it good enough. In extreme cases, you end up with very specific chips not just to manufacturer or generation but even specific chips. On the upside, the smarter businesses buy in bulk. On the downside, there's a lot of buyers that aren't smarter, or things in-development that can't be undone.))
Lincicome discusses government support for Intel as stiffling third-party competitors, but this is a class that basically doesn't exist, here. AMD and RISC-V and everyone else even remotely in the field either depend on Intel or Taiwan, or on Chinese manufacturers. There are no other <10nm foundries in the United States or even Western Europe, and the closest companies as a process level (STM, Micron, maybe Motorola if you squint) are neither capable of nor interested in micro_processor_ work at the desktop scale. Any attempts, even attempts using third-party foundries oversees, have ended poorly, as anyone who recognizes the name VIA might recognize. Any model for how those systems could respond to a complete collapse of Intel is necessarily guesswork, but I've seen credible estimates of 10+ year timelines to bring even mid-end devices assuming everything works out perfectly the first go.
Meanwhile, the competition is not exactly operating from a free market. TSMC is the closest, and it's a national project for Taiwan, unsurprisingly with how much of its economy revolves around the business, and one part of that is Taiwan gave the company a giant pile of seed cash in exchange for just-shy-of-half of its ownership, and other parts involve widespread continuing indirect subsidies on its major material costs. The Chinese government doesn't exactly give out the most honest breakdowns for how its subsidizes foundries, but even ignoring the !!fun!! question of industrial espionage with CCP characteristics, the official numbers are significant and come with very pre-2018-Jack-Ma-sized strings.
Which could be surmountable. Intel, as recently as 2015, was still on top of the world, to a point where people were worried AMD would go under.
But it's gone from merely slightly behind-the-curve in 2019 to consistently the less-good choice across entire fields, often by significant margins and with no or negative price premium, along with a number of serious stability and reliability concerns due to manufacturing defects. And that's worse than it sounds. Chips and foundry technologies are costly not just to produce, but also to fail to sell, both due to how the sales model works and due to rapid depreciation. To skip over a whole bunch of technical details, they're in a cash crunch at the same time that they need a lot of investment to not be in more of a cash crunch unless they want to turn into a second- or even third-rate foundry.
((There's also some messiness involving Intel ARC, which is both strategically very important to the Western world's military, not obvious, and which has an entertainment business case that it's only barely starting to credibly begin to compete with kinda, but is a short investment away from being a really big deal.))
Which might just be the only achievable result, if we trusted Intel to be doing (or trying) the best thing. But there's a lot of reasons to be skeptical. The current CEO and board have been abandoning new development processes since December of last year. Critics have focused on said CEO's ties to the CCP, and to be fair those do exist! But even if Intel was making these decisions from a solely economic basis, they're overwhelmingly emphasizing matters to maintain stock price over either the availability of next-gen onshore foundries or the company's long-term dominance or relevance as a first-tier manufacturer. The actions here are ways to credibly commit both the US government to continued (or starting) the funding it claimed it would provide, and Intel to actually running the things.
It's not that the conventional criticisms of crony capitalism stopped existing! There are significant risks to this sort of investment and (tbf, minimal) control. But there are tradeoffs and risks to non-action, and Lincicome seems neither willing nor able to even consider them.
This is the first I've heard of a significant military interest in Arc. Could you unpack that?
Certainly the whole computer gaming world has been begging Intel not to kill off Arc before it's reached maturity. Everybody expected it to lose money for the first couple generations, but Intel has been incredibly strapped for cash, so it wouldn't be a shock to see it sacrifice long-term interests for short-term ones.
This is tantamount to giving up its foundries, and I'm surprised not to have seen more analysis. I wonder if he thinks that that portion of the business is totally unsustainable in the long run, or if he's just playing chicken with the U.S. government hoping for more money.
Maybe that's what a government stake in Intel is supposed to resolve?
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