When you talk industrial policy in chips remember this: the industry is a brutal, backstabbing oligopoly prone to overcapacity. And Samsung is most brutal competitor of all. Investing $37.5bn PER ANNUM. Matches the entire CHIPS act tax break!
ft.com/content/fd9dd8…
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…