Comment by nyeah

Comment by nyeah 8 hours ago

5 replies

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.

nradov 7 hours ago

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.

  • nyeah 7 hours ago

    I don't doubt your sincerity. But there's a big difference between believing something very sincerely and actually knowing whether it's true or not.

    • nradov 6 hours ago

      I actually know it's true that having an industrial policy has been a net negative in the majority of countries where it was tried.

      • [removed] 6 hours ago
        [deleted]
  • [removed] 7 hours ago
    [deleted]