> tell industrial policy hasn't worked since the late 70's at the latest.
Japan and the other East Asian developmental states work extremely hard to look like they're not working (they learned that much from the Vietcong). Since the mid-1970s, Japan has shifted from protecting local industries to heavy investments in science, education and tech research.
> Which is a real accomplishment if you have only one party vying for
> parliamentary and executive control.
Just like the US! Whoops, I've said too much about the November coup already.
-- Dennis