Summary:
- The article discusses the concept of "industrial policy" and how it can be implemented without relying on nationalist or protectionist measures.
- It argues that industrial policy should focus on fostering innovation, improving productivity, and enhancing the competitiveness of domestic industries, rather than simply protecting them from foreign competition.
- The article suggests that a well-designed industrial policy can help address economic challenges such as income inequality, climate change, and technological disruption, while avoiding the pitfalls of nationalist approaches.