The Market Won’t Fix our China Problem

Replying to Marco Rubio’s “American Industrial Policy and the Rise of China” in The American Mind

Libertarianism is a bizarre and crumbling ideology that assumes power is absent from economic relationships. Two symbols of its fall are the rise of telecom maker Huawei, as well as the election of Donald Trump. Huawei reveals that being able to build real things matters more than financial markets, and Trump’s election revealed Americans didn’t like libertarianism and its technocratic and progressive analogues.