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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 griftin
by nradov 1y 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.
- deleted 1y ago[deleted]
- nyeah 1y agoI 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 1y agoI actually know it's true that having an industrial policy has been a net negative in the majority of countries where it was tried.
- deleted 1y ago[deleted]