The Impact of Protectionism on US Shipbuilding Industry and National Security

This chapter explores the historical ineffectiveness of protectionist measures through a focus on the Jones Act in the US, showcasing how it has caused a decline in the country's shipbuilding and shipping industry. The speaker suggests that the US should collaborate with allies like Japan and South Korea to leverage their industrial capabilities for national security, instead of solely relying on population size to compete with manufacturing giants like China.