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From semiconductors to electric vehicles, governments are identifying the strategic industries of the future and intervening to support them – abandoning decades of neoliberal orthodoxy in the process. Are industrial policies the key to tackling twenty-first-century economic challenges or a recipe for market distortions and lower efficiency?
Is it 1956 for the Left? Well, yes.
All over the world, the Left was thrown into confusion and crisis after Khrushchev's 1956 speech exposing (some of) Stalin's crimes. It wasn't only Communist Party members who were dazed by Khrushchev's revelations; progressives of all stripes - from trade unionists to Trotskyites - were forced, if they were honest and brave enough, to reassess long-cherished beliefs.
September 11 th has thrust those of us who consider ourselves progressives - who believe in democracy, feminism, human rights and socialism - into a 1956-type crisis. By this I do not mean that the Islamic fundamentalists who declared war on ``the infidels'' (including so many of their own people) are Stalinists (though the two groups certainly share some characteristics). I do mean that we must, if we are honest and brave enough, reassess many of our long-cherished beliefs. Questioning authority must now start with our own.
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