Tech Bubbles and New Investments in the US
The Mackenzie King government took control of the economy in the form of a publicly funded and a directed supply-side industrial policy. Resources and labour were channelled to produce for the war effort and the core needs of the community.
An unelected tech billionaire has so much power over the government. Tech titans fell in line behind Trump, MAGA-style populism is giving way to an optimization-oriented vision for the country’s future. Historic parallels help explain Musk’s rampage.
The American state has lost the capacity for concentrated and decisive effort at the forefront of technology and the associated science.
The microchip giant’s ‘secure enclave’ project will take nearly 10 percent of a CHIPS Act manufacturing fund that is already stretched thin.
Faced with China’s rise, Western states are turning from free trade dogmas to active industrial policies. This turn may offer opportunities for labor — but as the electric auto industry shows, it is also producing a harmful logic of national rivalri
Silicon chips power everything from cars and toys to phones and nukes. “Chip War,” by Chris Miller, recounts the rise of the chip industry and the outsize geopolitical implications of its ascendancy.
Democrats’ new industrial manufacturing plan leaves unions behind, fumbling a moment of relative leverage for organized labor.
A new industrial policy but workers get barely mentioned!
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