There may be no more important question for the West’s competitive position in advanced industries than whether China is becoming a rival innovator. While the evidence suggests it hasn’t yet taken the overall lead, it has pulled ahead in certain areas, and in many others Chinese firms will likely equal or surpass Western firms within a decade or so.
Social Democrats are a sub-category of liberal. Either way, the idea that “competition” is inherently good for the people is extremely flawed thinking, a world without the US Empire would be far better.