"To enable those policies, America should embrace a “national power capitalism” suited to the current existential competition. Government must identify key sect

"To enable those policies, America should embrace a “national power capitalism” suited to the current existential competition. Government must identify key sectors that are critical for national power and invest adequately to win the techno-economic war." One could even call it capitalism with American characteristics. These days China is often framed as lacking soft power but the degree to which the US is basically adopting Chinese developmental policy, the sentence above could come out of a party study session if you reversed the actors, is kind of funny. I saw someone joke that Jake Sullivan moving the semiconductor factories to Ohio is his version of Mao moving the factories to the hinterland.