The two countries were still enemies at the time and on the verge of war. If I recall my history correctly, the trade routes collapsed when Britain stopped selling America textiles, stopped buying American cotton and then tried to blockade the entire country.
Yes stealing the loom filled a void in the American market, but in this case Britain isn't exactly blameless.
It wasn't really the same market forces that we see today, unless I'm missing something. China's not stealing IP to fill any market void.
I’m not saying US does this as much as China. It would be hard as US is the tech leader in many fields.
But whenever US is not a tech leader they happily engage in government sanctioned industrial espionage (Not Officially Officially sanctioned but wink and nod whoopsie kind of). Thus the complaints about what China is doing ring hollow.
The two countries were still enemies at the time and on the verge of war. If I recall my history correctly, the trade routes collapsed when Britain stopped selling America textiles, stopped buying American cotton and then tried to blockade the entire country.
Yes stealing the loom filled a void in the American market, but in this case Britain isn't exactly blameless.
It wasn't really the same market forces that we see today, unless I'm missing something. China's not stealing IP to fill any market void.