The emerging breed of industrial policies, which emphasize production, fair wages, and localism, could serve as the basis for post-neoliberal economies. But to tackle the challenges of the twenty-first century and ensure a sustainable future, we need a policy framework that recognizes the value of human connection.
WASHINGTON, DC – The United States has (re)discovered industrial policy. As President Joe Biden’s National Security Strategy puts it, the administration views “modern industrial and innovation strategy” as the backbone of the future economy. It is an economic policy, a trade philosophy, and a political strategy focused on making as much as selling, producing as much as buying, and dignity as much as efficiency.
