Comment by fancyfredbot
7 hours ago
If we want to invest in independence then that's fine - let's not confuse it with nurturing a successful business.
I felt OP was suggesting that a European manufacturer would have flourished if properly supported by a visionary government, and I think that argument is mistaken.
You are arguing that globalised supply chains are risky, which is something I can agree with. If europe protects its DRAM manufacturer it is going to be less reliant on China but we should not confuse that with the European company flourishing. It seems likely such protection would be an expensive venture which absent any global conflict would produce more expensive products and make a loss while doing so.
> If europe protects its DRAM manufacturer
I never argued for protectionism since Chinese DRAM makers and EV industry also didn't grow out of protectionism. On the contrary, they invited Tesla to build a EV factory in Shanghai without the usual 51% state ownership simply to light a fire under the asses of Chinese domestic EV makers on an even playing field with Tesla forcing them to innovate to Tesla's level or die.
I was arguing for positive state management like that, not protectionism. The kind of state management our aerospace industry had.