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Well,that's partially true, in that the US was a big thief of intellectual property during its own industrialization period, but since WWII, and even beforehand, the US was a net major creator of intellectual properties.
While I agree that we should stop whining, I disagree with the overall thrust of your premise. First of all, Europe, Britain, Canada and others were carrying out trade and investments in CHina when the country was still Maoist. And even in the early post-Mao era, among the major investors, surprisingly, was TAIWAN which itself was allowed by the US to rip off major amounts of US technologies in order to get prosperous. Indeed, right after we lost in Vietnam, the policy of the United States to keep the surrounding states from falling to Communism was to enable them to get rich quick, by allowing HUNDREDS OF BILLIONS if not trillions of dollars of US intellectual property to be ripped off, cloned, etc. I remember in the early '80s how all over Asia and the Middle East, Apple II computer clones made in Taiwan were circulting and selling like mad! All the US did to protect Apple a bit, despite its urgent pleas, was to ban such clones from being imported into the US. IN Singapore, you get ANY ripoff of any PC software produced in the US for $5 bucks! Only now, quite belatedly, the US is starting to crack down on piracy INSIDE the United States, particularly from downloads via file-sharing, because the Chinese themselves were correctly arguing that if the US isn't doing anything serious to clamp down on piracy INSIDE the US, how could the Chinese government be expected to stop it in CHina? Or anywhere outside the US.
But the main point is, that US investment in China came later on, after European and even Taiwanese investment, and US companies were arguing, quite rationally, that if they don't get a share of the Chinese market that they would be leaving it all to the Europeans and others in Asia as well. Finally, CLinton gave them "favored nation status" and let them into the WTO as well. I agree there is no point in whining, as China is destined to become the number one economic power, like it or not. But then, we're aslo building up India to become number 2 not long thereafter :)So the US will be playing the old power-balancing game for quite a while to come, but like with Britain, its ultimate diminishment in world affairs in the next century is most probable. I just hope whoever picks up the standard won't be worse than the US has been for my great-grandchildren's sake.
