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What caused US deindustrialization, and can Trump fix it? Economists explain

Geopolitical Economy Report

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The Transportation Paradox in U.S. Trade Policy

This chapter examines the critical but often neglected role of transportation in shaping U.S. trade policies, particularly concerning shipbuilding and tariffs. It critiques the ideology of financial markets prioritizing privatization, leading to weakened infrastructure and socioeconomic divisions while discussing the myths surrounding automation and deindustrialization. Ultimately, it calls for a re-evaluation of the relationship between manufacturing, innovation, and trade to bridge the gap between blue-collar and white-collar workers.

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