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He's also committed to industrial policy to promote American tech manufacturing, but Trump's preferred solution—as seems to almost always be the case—involves tariffs.
The ‘money doctor’ says America is turning European under Biden’s industrial policy. ‘The Biden agenda could be sporting a beret’
A country's infrastructure (including transportation, telecommunications and energy industry) is a major enabler of industrial policy. [6] Industrial policies are interventionist measures typical of mixed economy countries. Many types of industrial policies contain common elements with other types of interventionist practices such as trade ...
Biden also said he was concerned about "the potential rise of a tech industrial complex" that could pose real dangers for the US, citing a "concentration of technology, power, and wealth."
Import substitution industrialization (ISI) is a trade and economic policy that advocates replacing foreign imports with domestic production. [1] It is based on the premise that a country should attempt to reduce its foreign dependency through the local production of industrialized products.
According to a 1969 study, no major labor organization in American history has ever openly advocated violence as a policy, although some, in the early part of the 20th century, systematically used violence, most notably the Western Federation of Miners, and the International Association of Bridge Structural Iron Workers. [1]
Good morning. If generative AI was the top business story of 2023, the buoyant American economy has to rank as No. 2. GDP grew at a stunning 5.2% in the third quarter, and while it likely slowed ...
Rowthorn [11] argues that Marx's theory of declining (industrial) profit may be regarded as one of the earliest explanations of deindustrialization. This theory argues that technological innovation enables more efficient means of production, resulting in increased physical productivity, i.e., a greater output of use value per unit of capital ...