2 comments

  • SideburnsOfDoom13 minutes ago
    A while ago: <a href="https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=36739279">https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=36739279</a>
  • roenxi45 minutes ago
    &gt; It&#x27;s that it is possible to resuscitate dormant or shrinking sectors. It is possible to re-industrialise quickly.<p>China managed to go from peasantry in the grip of communism to arguably the biggest economy in history over a remarkably short period. And it is hard to get a read on exactly what is going on in that country but that seems to be despite heavy state intervention in the economy and without the benefits of political free speech. I&#x27;d also rate their rule of law as a bit rubbery. It is clear that industrialisation can happen like lightening if best-of-breed policies are adopted.<p>Which is to say, policies in the West since the end of the cold war have been an absolute disaster and we are well due some political remove-the-spec-from-your-own-eye reflection on our industrial strategy. And, frankly, the endless reign of military terror that the middle east is subjected to doesn&#x27;t seem to help. Keeping the military at home has been a massive win for China, all of that money went into investments instead of pointless murder.<p>It is enough to make you wonder if it is the politicians or the voters who are more evil and incompetent.
    • paleotrope26 minutes ago
      It&#x27;s probably obvious to say, but I think a nation&#x27;s most important resource is people. And if you can just order them around and kill the dissenters and not care about what individuals want, then you can achieve quite a bit, be it industrialization or war or agricultural surplus.
    • frobisher19 minutes ago
      &gt; [to your comment]<p>Unfortunately it seems that often Western governments serve narrow interest groups (sometimes overseas) over their own people. In other words, open systems that have been usurped by these interest groups, including the military-industrial complex, to your point.<p>It is a pity, because values of the Enlightenment can be truly beautiful, and are often in fact embodied by the people themselves - just not their economic and governmental systems.<p>&gt; [to the article more broadly]<p>If one presumes certain material wealth is in support of the people, then hopefully fixing the underlying resource allocation system away from interest groups can, as evidenced, lead to these industries being reborn.<p>But the core issue to fix is the underlying systems I think. How? Well, it&#x27;s tough, but perhaps some garbage collection on structures that don&#x27;t actually serve the nation(s).
    • one33seven15 minutes ago
      Not despite heave state intervention. Because of it!
      • ifwinterco11 minutes ago
        Was going to say this. The right form of state intervention can be hugely beneficial