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Beyond industrial policy

March 29, 2023
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Beyond industrial policy
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To tackle 21st-century challenges and ensure a sustainable future, we need a policy framework that recognises the value of human connection.

industrial policy,wellbeing,care
Social and natural scientists recognise that human beings need supportive relationships—three-quarters of younger Americans struggle with social isolation (Alexander Image / shutterstock.com)

The United States has (re)discovered industrial policy. As the National Security Strategy of the president, Joe Biden, 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 on selling, producing as much as buying and dignity as much as efficiency.

As a foundation for a shift to a post-neoliberal economy and society, this policy framework has potential, particularly with its emphasis…

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