Tag: industrial-policy

The Dividend Is Human: Africa’s Population Boom and the Battle Over Production

The Financial Times provocatively flips the Malthusian narrative on its head, arguing Africa's plight stems from a historical lack of population rather than excess. This revisionist tale criticizes the colonial legacy that stripped Africa of its labor and infrastructure, while the current swell of population, cities, and markets struggles against debt and underdevelopment. The real challenge isn't merely a growing populace; it's whether Africans can seize control of factories, technology, and continental markets. As density increases, the push for organized labor and investment in industrial capacity becomes crucial—otherwise, Africa risks becoming a mere market for foreign goods, trapped in a cycle of dependency despite its demographic potential.

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Factories for the Fortress, Austerity for the People: America’s Imperial Reconstruction

The so-called manufacturing rebound lauded by CNBC is a deceptive mirage masking an imperial crisis. Beneath flashy growth numbers lie the ruins of a deindustrialized America, where financial extraction and reliance on foreign inputs have left vital sectors like semiconductors and military production at risk. Tariffs inflate costs, wars disrupt essential supply chains, and the resulting economic strain is shifted onto workers and marginalized communities. Capital demands industry without meaningful investment in labor or infrastructure, turning factories into fortresses of control rather than engines of prosperity. This isn't a renaissance; it's an imperial scramble desperately attempting to reclaim dominance amid its own financial decay.

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The Crime of Making Too Much: China and the Empire’s Monopoly on Abundance

The Economist's recent critique of China's industrial prowess reveals a deeper hypocrisy within Western narratives. While it acknowledges China's efficiency, it vilifies state-driven competition when it disrupts Western hegemony. The real issue is not overproduction but an imbalance of purchasing power, presenting an ugly tableau of warehouses filled with goods while people lack access. As China strives for self-reliance, the West's response is to impose tariffs and sanctions, prioritizing monopoly over equitable distribution. This conflict isn’t a mere economic dispute; it’s a struggle for who controls productive capacity. The question is whether to align production with human need or maintain the status quo of inequality.

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Public Money, Private Command: The State Returns to Rescue Capital

Washington's recent equity stakes in key corporations like Intel signal capitalism's failure rather than a shift towards socialism. While the government assumes control over critical industries, it simultaneously excludes workers from labor and decision-making roles. The stated objective is national security, but this forms part of a broader imperial strategy that intertwines military needs with corporate interests. The public funds the industrial system while remaining marginalized, illustrating a profound contradiction: social production is maintained under corporate control. As America grapples with its economic decline, the push for a more equitable structure is vital. It's time for public investment to translate into worker empowerment and community authority.

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The Return of the State: How Industrial Policy Became a Weapon of Global Power

An emerging “consensus” around industrial policy masks a deeper ideological project disciplining development within the boundaries of global capital. The material reality reveals a world defined by subsidy wars, coercion, and uneven development, where state intervention is already reshaping the global economy. China stands at the center of this contradiction as a socialist-led state navigating... Continue Reading →

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