Who's Afraid of Industrial Policy?

thenation.com — Though Obama has been visionary in his rhetoric about building a future around clean energy and green jobs, his administration has stopped far short of embracing such an agenda in response to the collapse of the auto industry. There are many reasons for this, but perhaps most salient among them is the persistent grip of a free-market ideology that has made the very idea of a national industrial policy infeasible (if not vaguely treasonous) for much of the past half-century.

more »