That means replacing a singular approach focused the oversimplified assumptions that I set out at the top of my speech with one that encourages targeted and necessary investments in places that private markets are ill-suited to address on their own—even as we continue to harness the power of markets and integration.
Called it! Well sort of, he is advocating some level of government subsidizing to key industries, so essentially a semi market planning system.
Yup, but it’s not clear what the actual path towards that would be in US. Seems that such level of government intervention in the economy would be a complete political non starter.
Yea, there is no way they will convince American capitalists to accept that.
The only way I see the American ruling class accepting that is when the US is at the end of it’s end, has lost every oversea influence they had and in a desperate attempt to protect their national bourgeoisie, has gone full fascist and is trying to take over Mexico in the name of manifest destiny or something.
Called it! Well sort of, he is advocating some level of government subsidizing to key industries, so essentially a semi market planning system.
Yup, but it’s not clear what the actual path towards that would be in US. Seems that such level of government intervention in the economy would be a complete political non starter.
Yea, there is no way they will convince American capitalists to accept that.
The only way I see the American ruling class accepting that is when the US is at the end of it’s end, has lost every oversea influence they had and in a desperate attempt to protect their national bourgeoisie, has gone full fascist and is trying to take over Mexico in the name of manifest destiny or something.