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> I do not believe that "any-protection batteries" work, ever. Is this belief based on having studied historical precedent or axiomatic? I'm not an expert, bu
by patrec 10y ago
> I do not believe that "any-protection batteries" work, ever.
Is this belief based on having studied historical precedent or axiomatic? I'm not an expert, but from what I know both the older European and newer Asian industrial powerhouses have all instituted protectionist policies and strong state/private sector ties in areas they perceived of strategic importance (e.g. the Korean chaebols or the Japanese zaibatsu/kairetsu). And although this did not always succeed (e.g. Japan's bet on Prolog based AI), as far as I can tell, it's the only thing that ever did work in an area where one's country was not already a natural leader.
The most obvious example right now is the Chinese IT industry as a whole. And then there's of course also Samsung.
Have you read Ha-Joon Chang's "Kicking away the ladder"? I haven't but the core thesis seems much more plausible in view of the historical facts I'm aware of than the neo-liberal mantra (googling finds http://akarlin.com/2009/10/kicking-away-the-ladder-review/ http://akarlin.com/2009/10/kicking-away-the-ladder-review/ as a positive review that also contains links to critical reviews in the comments).