I think it’s useful to distinguish between industrial policy, regulation, and nationalization, and your new term seems to be somewhere in between. I think your model is generally useful, but at the same time, introducing a new term without being very clear about what it means in relation to existing terms is probably more confusing than clarifying.
I think it’s useful to distinguish between industrial policy, regulation, and nationalization, and your new term seems to be somewhere in between. I think your model is generally useful, but at the same time, introducing a new term without being very clear about what it means in relation to existing terms is probably more confusing than clarifying.