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Biden's Semiconductor Plan Bets on Federal Aid to Change Corporate Behavior

The administration says the conditions it has attached to $40 billion in new subsidies will help U.S. semiconductor makers compete globally. Some economists disagree. ....

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How to Improve the U.S. -Japan Security Alliance

(Archived document, may contain errors) 108 September 26, 1990 HOW TO IMPROVE THE U.S.-JAPAN SECURITY ALLIANCE UMODUMON ....

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America's Neoliberal Financialization Policy vs. China's Industrial Socialism – The Greanville Post

By Michael Hudson
An early Kissinger, Machiavelli presented the amoral choices of realpolitk to his masters.
Financialized industrial capital wants a strong state to serve itself, but not to serve labor, consumers, the environment or long-term social progress at the cost of eroding profits and rents.
Nearly half a millennium ago Niccolo Machiavelli’s
The Prince described three options for how a conquering power might treat states that it defeated in war but that “have been accustomed to live under their own laws and in freedom: … the first is to ruin them, the next is to reside there in person, the third is to permit them to live under their own laws, drawing a tribute, and establishing within it an oligarchy which will keep it friendly to you.” ....

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Michael Hudson: America's Neoliberal Financialization Policy vs. China's Industrial Socialism

Yves here. Michael Hudson said he both enjoyed and very much appreciated the robust discussion among members of the commentariat last weekend about what to call China’s economic model. He’s keen to continue the discussion. To advance that end, Michael has graciously given us a lecture being subtitled in Chinese for release in a few weeks. It summarizes a series of talks and will also be included in his my book to be published later this summer, “The Destiny of Civilization: Industrial Capitalism, Finance Capitalism or Socialism.” As you can see, Michael focuses on finacialization as a central point of difference between the two systems. ....

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