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Chinas government has organised the resources and its people better than the decadent west and has won the trade war.
The wealth of nations is determined by the way they organise their collective resources.
The steam engine was invented by a man living in a country where the government organised better than those it was competing with and thus the steam engine delivered superior results for the people of Great Britain.
Today China has organised the production and distribution of electricity- the energy that drives the post industrial era better than any other industrialised nation - Chinese consumers and producers pay HALF or less for electricity compared to what those in crony capitalist western nations pay.
Game over for the petrodollar crony capitalist empire of Uncle Sam.
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Individuals are weak and vulnerable.
It was only possible to build and exploit the steam engine where you had the legal structures, infrastructure and trading potential that the Great British government put in place.
They didn't invent and build the steam engine and industrial revolution in some backward Congo jungle with no government and the complex structures of civilisation that good government enables and that's why Libertarians are deluded dreamers.
The wealth of nations is derivative of the quality of their governments.
China won the trade war.
USA military industrial complex is a corrupt, broken flailing and failing empire.
Libertarian dreamers should go live somewhere there is no government and see how long they last.
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The British government did not ban the steam engine.
Nor the telegraph.
Nor the cannon.
They did attack the Chinese and enslave millions of Chinese to Opium addiction.
Such is the factor of human organised trade and power projection.
Organised and enabled by the governments.
The basis of wealth and security for all human groups.
The Chinese government today build nuclear power more efficiently than any other organised group of humans in the world and that is why the Chinese people have a significant advantage in wealth creation and future prosperity.
Chiese engineers are building the first new nuclear power generator for Britain, because Britan got lazy and fat and decadent and forgot how to build things of value.
The US imperialists may want to bomb China and preserve their petrodollar hegemony but the US imperialist militarists have no rare earths and so the US military industrial combine that is the real basis of US wealth is crippled.
How sad.
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Britain and the western governments and peoples became infected with parasitic sense of entitlement and lost the ambition and strength of unity and cultural integrity.
The Chinese state is led by engineers- 80% of the CCP poliburo are trained as engineers.
The state is the engine of wealth and security.
Go back and live/starve in the jungle and get eaten by wolves or marauding tribes who are more organised under stronger leadership than you.
Libertarians, like feminists, are an evolutionary black hole and dead end.
A huge factor in this is energy- coal, oil, electricity.
These modern energy sources have enabled most of the reduction in toil and increase in material productivity.
But coal and oil have resulted in altering the chemical composition of the atmosphere and that is changing the climate.
That is now beginning to have significant effects on the economy- on farming, real estate and infrastructure.
Today USA is losing its lead in the global wealth and power balance- and China has already won the trade war and cut off supply of vital rare earths to the US military industrial complex.
The petrodollar is dying.
A contest is developing for global hegemony and any measure of wealth and purchasing power needs to factor in such global power changes.
The oil fueled US empire is in decline and China with its modern electricity based industrial and developing post industrial competitive advantage is emerging as the primary economy on the planet.
We organise into groups- nation states operating under different and competing models and philosophies- Chinas mercantile, autocratic, state capitalism hybrid vigour model is proving more productive and competitive than the USA and its decadent fiat debt leveraged speculative and imperialist militaristic crony capitalism.