In this timely conversation, Conrad Bastable joins Packy to break down his epic essay Forsaking Industrialism and explore why the West has abandoned manufacturing while China built a world-beating industrial platform over decades. Read it here for the full experience: Forsaking Industrialism
Conrad has been planning this essay for months, and he couldn't have dropped it at a better time. It's a comprehensive look at what China got right and what real reindustrialization would mean.
We dive into how EU regulations inadvertently benefited Chinese manufacturing, why tariffs alone can't solve America's industrial challenges, and what it would take to rebuild America's manufacturing capabilities.Conrad explains the concept of "platform economies" that China has mastered, why capital markets naturally push against long-term industrial investments, and the uncomfortable trade-offs between principles and prosperity that nations must navigate.From electric dirt bikes to BMW's battery dilemma, this wide-ranging discussion offers a fresh perspective on the most urgent debate in America.
Conrad's reading recommendations: - Alexander Hamilton's Report on ManufacturesConrad's other essays:
- Full Stack of Society - Escalation Theory - Monetization & MonopoliesSponsored by Readwise - Visit readwise.io/hyperlegible for a free trial and get all Hyperlegible articles automatically added to your account.Big thanks to Jim Portela for editing!
