How We Get There
TIVA and friend-shoring will accelerate the return to American Greatness.? The simplification and ease with which U.S. companies and entrepreneurs engage in global trade will help immensely. Only education will help to achieve this process.?
Our enemies have used ignorance and misinformation about America and its history to divide us. We have always been a divided nation - divided by state, local and national interests - as reflected in our Ar
When these interests become sufficiently factional and divisive,?we turn to violence, war and assassination:
Music, Minerals, Innovation and Capitalism
The current American Metaphor is violence, and our cities are racked by its destruction. The great failure of American capitalism is affordable housing and transportation. The monthly cost of renting an apartment in NYC is now over $5100. To live comfortably in such an apartment requires an annual income exceeding $200,000. Affordable housing has become a critical issue in the major cities of the U.S. and the cause of much urban removal. Combine this with a failed immigration policy and you have disaster. The solution is to turn America into job - producing Cities of Ideas and Cities of Production. This process requires and is powered by a vibrant global trade.
Music, Violence and Economics?
The value of a sharing global economy with TIVA (Trade in Value-Added) products and services is barely recognized now because of poor delivery of medical resources and the disruption caused by violent regimes.?
Few are educated about the beneficial economic impact of certain?forms of trade (TIVA and Friend-shoring). Nor is there significant comprehension of how TIVA and a sharing economy is created.
In a very few cases -too few cases- government policy has been adjusted to benefit state residents with the investment, including FDI and employment, that this type of, trade provides.?
In South Carolina, former governor Nikki?Haley:
has attracted $30 billion in capital investment and created 105,000 new jobs. Additionally, the state has secured significant investments from international brands, including BMW, Boeing, Bridgestone, Continental AG. Giti Tire, LPL Financial Holdings, Mercedes-Benz Vans, Michelin, Samsung, Toray and Volvo Cars.[11] Additionally, the state of South Carolina achieved an export sales record in each year of her tenure. In 2016, the state exported more than $31 billion in products for the first time, leading the nation in the export sales of completed passenger vehicles and tires.
China and Russia
Whereas China has previously attracted a considerable amount of Foreign Direct Investment (FDI), the? Chinese economy is now waning:
领英推荐
and its polluted air reflects this failure:?
China’s geopolitics have lost some of its hubris. For example, we have Taiwan. China cannot exert too much pressure on Taiwan because it depends on this island nation for semiconductors (TSMC) as does the U.S. and the rest of the world presently.?
This dependency on Taiwan for chips and the logistical imbroglio the world experienced during the Covid Pandemic, motivated the passage of the Chips bill by the U.S. Congress.?The Chinese and Russian geographic limitations are not offset by violence and war: This has all been tried before:
Ambivalent Success
The apparent successes related to the Chips Bill and the Inflation Reduction Act mask the pork barrel agenda of the American Congress where division - State and Local v. Federal interests - will soon and once again bring our nation and our economic development to a standstill.?
Creative Destruction?
Joseph Schumpeter was mistaken in concluding that only the multinational corporation has pockets deep enough to achieve a more beneficial form of capitalism. His creative destruction involves funding the R&D necessary to achieve creative destruction of our current political economy.?
The Entrepreneurial State?
Dr. Mariana Mazzucato, an economist based at University College London, is trying to change something fundamental, namely the way society thinks about economic value. While many of her colleagues have been scolding capitalism lately, she has been reimagining its basic premises.?Where does growth come from? What is the source of innovation? How can the state and private sector work together to create the dynamic economies we want??She asks questions about capitalism we long ago stopped asking. Her answers might rise to the most difficult challenges of our time.
In two books on modern political economic theory — “The Entrepreneurial State” (2013) and “The Value of Everything” (2018) — Dr. Mazzucato argues against the long-accepted binary of an agile private sector and a lumbering, inefficient state. Citing markets and technologies like the internet, the iPhone and clean energy — all of which were funded at crucial stages by public dollars — she says the state has been an underappreciated driver of growth and innovation. “Personally, I think the left is losing around the world,” she said in an interview, “because they focus too much on redistribution and not enough on the creation of wealth.”
Continued
Independent Consultant
1 年Insightful hard truth!