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50 Years Ago an Economist Worried About Unchecked Corporate Power. Here’s What His Theory Got Wrong

Harvard Business Review

This summer marks 50 years since the publication of John Kenneth Galbraith’s The New Industrial State and its quick rise to the top of the New York Times Best Seller list. You actually don’t have to read The New Industrial State to understand its story. Thus the very foundation of The New Industrial State did not hold.

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Why Trump and Xi’s 90-Day Trade Truce Is a Step in the Right Direction

Harvard Business Review

complaint about China’s trade/globalization policies is precisely that Chinese trade and industrial policies are political and lead to government intervention in markets that contradicts China’s stated commitments to the spirit and rules of the WTO and to market-oriented globalization.