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-_-_-_-_-  13d ago (noahpinion.blog)   1801 thread views

Noah Smith: Manufacturing is a war now

noahpinion.blog

Industrial policy has been a frequent subject on Smith's blog, for those who don't follow it. (He's for it, and thinks that Biden's industrial policy was mostly good - it's worth following the links in this post.) This post focuses on defense-related geopolitical industrial policy goals and pros and cons of anticipated changes under the incoming Trump administration and Chinese responses. Particularly, he highlights two major things China can do: Restrict exports of raw materials (recently announced) and use their own industrial policy to hamper the West's peacetime industrial policy (de facto policy of the last 30 years). These are not extraordinary insights, but it's a good primer on the current state of affairs and policies to pay attention to in the near-future.

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leaving a small class of feckless, neurotic elites and a vast population of normal people held hostage by the scum at the bottom of society who continuously go un- and under-punished

And why you think that China is improvement here? And if you think that people praising greatest mass murderer in history (that targeted own nation, though combination of arrogance, mismanagement and stupidity) are improvement here, then I really prefer feckless, neurotic elites that at least manage to pretend that pointless mass murder is bad. Over feckless, neurotic elites that fail to achieve this.

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