Comment by triceratops
Comment by triceratops 6 hours ago
Why would they do that when they could pay shareholders and themselves?
Comment by triceratops 6 hours ago
Why would they do that when they could pay shareholders and themselves?
Having an industrial policy has been disastrous for most countries that have tried it. Works fine for a few years and then everything falls apart as the grifting builds up and disruptive innovations destroy the underlying reasons for the original policy goals.
Right now, in the US, we've given them no reason. But that's not a law of nature. For example a country might have an industrial policy.