17min chapter

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13: The U.S. Is Underperforming in Global Shipping, and It’s Dangerous (feat. Michael Roberts)

Arsenal of Democracy

CHAPTER

The Maritime Industry and its Components

This chapter explores the maritime industry and its components, including shipping services and shipbuilding. It discusses the flag of convenience system and its impact on labor costs. The chapter also highlights the dominance of countries like Japan, Korea, and China in the industry and the need for policy solutions.

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