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Old 17th Apr 2020, 13:49
  #74 (permalink)  
dead_pan
 
Join Date: Mar 2008
Location: London
Posts: 845
So it would seem that the alternative has to be a sort of centrally governed if not planned economy to rebuild the industrial base of the west by enacting and enforcing laws that whole swathes of items have to be made internally
Not necessarily. Germany and others have figured out ways of maintaining and growing a thriving industrial base without going down the central planning route. Why not others? It will require a fundamental change in mindset in countries like the UK and US, where the brightest and the best predominantly aspire to top jobs in the service sector (bankers, accountants, consultants, hedge fund managers etc).
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