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Cédric Durand, Hollow States — Sidecar
newleftreview.org · 1,298 words · saved by 1 readers
The limits of neo-industrialism.
https://doi.org/10.64590/27r Hollow States Cédric Durand 15 May 2023 Economics The return of industrial policy is unmissable, catalyzed by the cumulative shocks of Covid-19 and the war in Ukraine as well as longer-term structural issues: the ecological crisis, faltering productivity and alarm at the dependence of Western states on China’s productive apparatus. Together, these factors have steadily undermined governments’ confidence in the ability of private enterprise to drive economic development. Of course, the ‘entrepreneurial state’ never disappeared, especially in the US. The deep pockets
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