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There’s an element of realpolitik here too: a predictable side effect of ending subsidies for the aerospace industry is that the business would shift to a count
by wayoutthere 7y ago
There’s an element of realpolitik here too: a predictable side effect of ending subsidies for the aerospace industry is that the business would shift to a country that does subsidize. Those companies build a lot of operational knowledge that is super useful — to the point of being a major strategic advantage — in wartime. It also makes you beholden to that country (and subsequent economic sphere of influence) strategically. Governments are responsible for more than just the economy.
Competition between governments is also a thing, and I think we’re already seeing it matter as part of a pullback on globalization with respect to China.