A sale to an American company would only serve to create perverse incentives.
The Chinese-owned video-sharing social media app TikTok has been all over the news recently, as the federal government has been considering banning the app from the US. I am a big proponent of this strategy and laid out the case against TikTok a few weeks back on this blog. This past weekend saw a flurry of activity on the TikTok front, as President Trump first stated that he was planning to ban the app outright before backing off of that position. The current plan du jour is to allow the American technology giant Microsoft to pursue a full acquisition of TikTok’s US operations. A sale to Microsoft would include the app’s American business, as well as the user data which the app collects. This would solve the problem that I delineated, would it not?
Napoleon’s Continental System and His Ultimate Downfall
Napoleon Bonaparte was inarguably the most influential world historical figure of the late eighteenth and early nineteenth centuries, and much has been made of his rise, reign, and ultimate downfall. Of the debates over the Napoleonic regime, none is more heated, complex, or replete with disparate ideas as the argument about the proximate causes of Napoleon’s fall and the rapid collapse of his European Empire. Myriad opinions on the reasons that Napoleon’s regime collapsed exist and many of these have received popular acclaim or widespread agreement. Some have claimed that the end of the Grand Empire was due to the machinations of Napoleon’s Foreign Secretary, Charles Maurice de Talleyrand, after Napoleon insulted his pride sometime between 1808 and 1809. Under this theory, Talleyrand “passed information to the Russians and Austrians, among others,” allowing Napoleon’s enemies to have an edge on the ‘Little Corporal’ and outmatch him strategically. Many observers focus more heavily on Napoleon’s personality flaws as contributing to his fall from power. Historian Adam Zamoyski states that “The number of complexes he suffered from, including class inferiority, money insecurity, intellectual envy, sexual anxiety, social awkwardness and, not surprisingly, a persistent hypersensitivity to criticism… drove his stark ambition, undermined his grandiose endeavors—and ultimately crippled his historic legacy.”