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Politics : View from the Center and Left

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To: Dale Baker who wrote (13236)2/24/2006 4:05:07 PM
From: thames_sider  Read Replies (3) of 541823
 
Can you point to examples in the world, now or in the past, where government-mandated and controlled investment created long-term steady employment for a locality over several generations?
Since WWII, Singapore, Luxembourg, Sweden and Norway all match to some extent. They're all special cases in their own ways, but each have heavy controls and direction upon private investment and/or government spending (Luxembourg in a particularly unusual fashion).

Of course, there are far more failures. Maybe these exceptions prove that it requires particularly fine and foresighted government, which is indeed in extremely short supply...
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