The Dynamo Show: a Dynamo Ventures Podcast Re-Air: Building a Competitive Edge: The Role of Industrial Policy in America's Economic Revival with Ian Fletcher and Marc Fasteau
From time to time, we’ll re-air a previous episode of the show that our newer audience may have missed. During this episode, Santosh is joined by Ian Fletcher and Marc Fasteau, Co-Authors of “Industrial Policy for the United States: Winning the Competition for Good Jobs and High-Value Industries." In this conversation, Marc and Ian emphasize the need for a strategic approach to support key industries, highlighting the importance of government-sponsored research, trade protection, and a competitively valued currency. The conversation also covers the role of tariffs, workforce development, and the necessity of a unified economic strategy. The group advocates for intentional policies to foster economic growth, innovation, competitiveness in the global market, and more.
Highlights from their conversation include:
- Introducing Marc and Ian and the New Book (0:41)
- Defining Modern Industrial Policy (4:33)
- Industry-Based Economic View (5:35)
- Importance of Industry Selection (7:23)
- Global Perspectives on Industrial Policy (11:25)
- Three Pillars of Industrial Policy (17:26)
- List of Industrial Policy Tools (19:16)
- Granularity of Industrial Policy (25:27)
- Role of Tariffs in Industrial Policy (26:49)
- Workforce Development and Automation (29:00)
- Future of U.S. Industrial Policy (30:58)
- Challenges of Policy Silos (31:36)
- Hope for Unified Discipline in Industrial Policy (32:24)
Dynamo is a VC firm led by supply chain and mobility specialists that focus on seed-stage, enterprise startups.
Find out more at: https://www.dynamo.vc/
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