The story goes back to Obama and multiple administrations. I remember, that the author spoke about the futile attempt of the state to “bribe” capital into bringing industry back instead of just building state owned industry. The words “bribe” or “bribing” were definitely used, but no matter how long I search, I can’t seem to find the article. It might have been a substack or not and it wasn’t peer reviewed. Any chance someone has seen it?
Was it something by Arnaud Bertrand? I think he had something along those lines. That or maybe nakedcapitalism?
I found something close in nakedcapitalism, but not quite.
could you please share the close ones (and the one you were thinking of if you find it)? sounds very interesting
Yes, of course, sorry, here’s the close one.