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It is a good point to raise, but we did win WWII and the Cold War and got to the Moon, and invented the semiconductor industry and more. I think it is not that we can’t do industrial policy but rather that our business and industrial leaders have gained such enormous political influence that they distort and divert the policies we attempt.
I have had a lot of experience in this area in Europe, Asia, and the U.S. The Asian and European corporations do not have the control of government that U.S. corporations have. The U.S. has been a champion
in industrial policy when the chips have really been down and the corporations do not control the government or have much power to intervene.
Best, Clyde From: Salon <salon-bounces@listserve.com>
On Behalf Of Chas Freeman via Salon |