What happened one way, can happen the other. Recently, I've watched a documentary about late 19th century steel maker. His approach was very similar to what many seem to consider "uniquely Chinese" for some reason.
He bought IP from people who didn't see value in it. He obtained state subsidies and convinced politicians to see his sector as a national priority. When he couldn't buy the know how, he had it reverse engineered from samples.
West just needs to go back to what used to work, and what still works. If China could industrialize itself from practically nothing, why couldn't western countries do something similar? Some of them already did after WWII.
It's just a matter of will. And accepting that there will have to be compromises and certain level of sacrifice.
The biggest reason as others have already discussed, manufacturing is inherently dirty work so better off shore and be concerned about the environment locally.
He bought IP from people who didn't see value in it. He obtained state subsidies and convinced politicians to see his sector as a national priority. When he couldn't buy the know how, he had it reverse engineered from samples.
West just needs to go back to what used to work, and what still works. If China could industrialize itself from practically nothing, why couldn't western countries do something similar? Some of them already did after WWII.
It's just a matter of will. And accepting that there will have to be compromises and certain level of sacrifice.