The Industrial Policy That America Has Forgotten

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Media Outlet: Europe's World

In the late 1940s, the United States adopted an industrial policy as sophisticated as any in world history. Rather than seek to build up power and wealth at home, Americans aimed instead to forge a deep and equitable industrial inter-dependence among nations.

Author:

Barry Lynn was the director of the Open Markets program at New America. He is author of Cornered: The New Monopoly Capitalism and the Economics of Destruction (Wiley 2010) and End of the Line: The Rise and Coming Fall of the Global Corporation (Doubleday 2005).