A long article that doesn’t really say anything new or interesting.
I didn’t see any suggestions for what value added industries we should focus on, and what market they would be for.
The standard niches of shipbuilding, auto manufacturing, and energy are all filled. What can we possibly do that isn’t already being done by Korea, Germany, or Japan better and cheaper?
Le1bn1z on
Jim Stanford doesn’t mention that the „targeted industrial strategy“ of the Asian tigers had some serious downsides that should alarm any serious social democrat or leftist. It requires government partnership with major corporations, setting not just investment conditions but also labour conditions and soft internal protectionism to give them big advantages internationally – but also over their workers and smaller competitors.
The social results have been devastating, with extreme work hours and tough conditions leading to very low rates of family formation, an apocalyptic collapse of birth rates, and suppressive pressure on enterprise outside of the structures of favoured mega enterprises – especially in South Korea.
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A long article that doesn’t really say anything new or interesting.
I didn’t see any suggestions for what value added industries we should focus on, and what market they would be for.
The standard niches of shipbuilding, auto manufacturing, and energy are all filled. What can we possibly do that isn’t already being done by Korea, Germany, or Japan better and cheaper?
Jim Stanford doesn’t mention that the „targeted industrial strategy“ of the Asian tigers had some serious downsides that should alarm any serious social democrat or leftist. It requires government partnership with major corporations, setting not just investment conditions but also labour conditions and soft internal protectionism to give them big advantages internationally – but also over their workers and smaller competitors.
The social results have been devastating, with extreme work hours and tough conditions leading to very low rates of family formation, an apocalyptic collapse of birth rates, and suppressive pressure on enterprise outside of the structures of favoured mega enterprises – especially in South Korea.