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Specifically, I'm confused/concerned by: 1) The "Green Manufacturing Plan," which seems to have the federal gov commissioning a huge volume of products, many for export 2) The lambasting of American companies, multinationals & global capital in the initial Medium post
"Where's the nationalization?" The GMP calls for enough contracts in clean energy to create ***1 million jobs.*** For comparison, there are ~2.1M fed gov staff total. Gov would select/resell/export huge product volumes. Would totally warp (if not destroy) the private industry...?
Some folks must assume the federal government will do a pretty good job of running a centralized energy industry, especially if they're throwing stacks of cash at it. I am *way* skeptical. I'd choose a much smaller pool of funds with better incentive alignment any day of the week
Defense industry is around 2 million jobs. Is that nationalization too?
It certainly looks a lot more like it than most industries, but it's an industry that exists purely to serve gov. Nobody wants the "benefits" of an efficient open market around war arms. Gov isn't putting in huge orders to be exported or resold domestically. Crucial distinction!
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