Re: [Salon] Really not clear to me that DC can run a successful industrial policy. America’s ‘Grift Coefficient’ is clearly off the charts. Everything is looting.

Europe is also now desperate for the right immigration.  Trouble is from where? India is facing the same problems as US: Thee educated are aging;while less educated will be young. 
The young in most developing countries are ill educated; and one thing all western developed countries have revealed they are bad at is capacity building.

I looked at school reform in US and found that  can fix financial issues but not education 

http://www.citymayors.com/education/cityschools_usa.html
No magic solution available for
improved education in US cities

http://www.citymayors.com/education/us_education_2042.html
US education needs to prepare
for 2042 demographic time bomb


  A study of 2 generations of immigrations has found that  students perform worse after assimilation!
https://www.air.org/resource/blog-post/florida-study-shows-immigrant-performance-declines-across-generations
Florida Study Shows Immigrant Performance Declines Across Generations

US should have worked harder to address the looming challenge by the 1980s.  I think  past cannot be proloque. 
In local governments people are retiring;and raking knowledge with them. 

https://time.com/6165374/public-sector-job-vacancies/
No Clean Water, Unplowed Streets: What the Public Sector’s Hiring Problem Means For All of Us

US has a decrepit local governance structure which is exacerbating this problem. Problem has maststacized and now workforce not there. 

On Monday, May 13, 2024 at 12:36:32 AM GMT+5, Clyde Prestowitz <presto@econstrat.org> wrote:


Excellent questions and points. But properly handled immigration gives us a way of combating declining fertility that most of our competitors do not have. There is no good reason why education cannot be improved. Of course, it will take some changes of attitude, but great challenges can often elicit unexpected changes. Never give up, I say.

 

From: Mayraj Fahim <fmayraj@yahoo.com>
Sent: Sunday, May 12, 2024 8:10 AM
To: Chas Freeman <cwfresidence@gmail.com>; Clyde Prestowitz <presto@econstrat.org>
Cc: salon@listserve.com
Subject: Re: [Salon] Really not clear to me that DC can run a successful industrial policy. America’s ‘Grift Coefficient’ is clearly off the charts. Everything is looting.

 

Woker shortfalls pinching so even want to bring disabled into workforce https://www.route-fifty.com/workforce/2024/05/invisible-no-more-states-move-hire-people-disabilities/396414/

‘Invisible’ no more: States move to hire people with disabilities

 

On Sunday, May 12, 2024 at 05:05:50 PM GMT+5, Mayraj Fahim via Salon <salon@listserve.com> wrote:

 

 

In 19th century US had capable workers. The Prussians/Germans  were a great strength; And they also improved the ed system so could have skilled workers. Can past be prologue when demographic  change underway and less capable and educated will be young?  https://hbr.org/2017/03/when-america-was-most-innovative-and-why 

When America Was Most Innovative, and Why

 

On Sunday, May 12, 2024 at 04:33:10 AM GMT+5, Clyde Prestowitz <presto@econstrat.org> wrote:

 

 

Those are very good points. I would not discount them. However, we did become the world’s leading steel producer in the late 19th century via a combination of high tariffs and domestically subsidized investment combined with a rapidly growing market.

 

I don’t think there is any reason, in principle, why we could not repeat this. We should be able to adopt or steal Chinese technology, we have a large market that could grow rapidly for EVs. We would need to put a timetable in place as the Chinese have, and we would need to change the union situation, and we would need to reduce the power in congress of the Auto industry leaders by greatly limiting what they can do by way of political donations. Challenging demands, but not impossible under the right leadership I think. Clyde

 

From: Mayraj Fahim <fmayraj@yahoo.com>
Sent: Saturday, May 11, 2024 2:26 PM
To: Clyde Prestowitz <presto@econstrat.org>; Chas Freeman <cwfresidence@gmail.com>
Cc: salon@listserve.com
Subject: Re: [Salon] Really not clear to me that DC can run a successful industrial policy. America’s ‘Grift Coefficient’ is clearly off the charts. Everything is looting.

 

In the past, US had owners' capitalism now it is sinking further into grifting managerial capitalism. 

 

On Saturday, May 11, 2024 at 07:47:30 PM GMT+5, Chas Freeman via Salon <salon@listserve.com> wrote:

 

 

I agree.  We did industrial policy very successfully until we developed an ideological allergy to it.  That didn't happen spontaneously.  It had a lot of help from corporate lobbying and propaganda.

 

That was then.  This is now.  The same is true, I believe, with protectionist measures.  When applied to a developing technology in an infant industry they can enable the industry to grow and --if there is domestic competition -- innovate and become more competitive.  But industries dying because they are no longer competitive or very innovative because they are operating in an oligopolistic environment do not become more vigorous if protected from foreign competition.  They can be kept alive but only at considerable public expense.  Our automobile industry is a case in point.  Loss of competitiveness, followed by protectionist quotas and tariffs, followed by bailouts.  The way to preserve a healthy domestic auto industry proved to be to encourage foreign producers to produce here.  We are attempting to replicate this approach with our moribund semiconductor industry.  I am skeptical that this will work -- for reasons you and I have discussed.  But I am quite sure that shutting Chinese EVs may allow our automakers to survive but it will not revive their competitiveness and we will simply lose access to a technology that will become everywhere else ubiquitous.

 

Chas

 

On Sat, May 11, 2024 at 12:50 AM Clyde Prestowitz <presto@econstrat.org> wrote:

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
Sent: Friday, May 10, 2024 9:05 PM
To: salon@listserve.com
Subject: [Salon] Really not clear to me that DC can run a successful industrial policy. America’s ‘Grift Coefficient’ is clearly off the charts. Everything is looting.

 

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