Highly recommend @stephenwertheim's newish book, "Tomorrow, the World."

A close look at how FDR outsourced a lot of postwar planning to private business and think tank leaders, who used racist arguments and discourse policing to remake internationalism.
hup.harvard.edu/catalog.php?is…
It helps solve the puzzle of how we glided from a hemispheric and solidaristic orientation of the Good Neighbor policy in the early FDR years to eventually 800 bases globally.
nytimes.com/2009/07/14/opi…
Adds to our understanding of the complexity of the Roosevelt administration. The same admin had folks that engaged in extensive economic planning, and folks that sought to make economic planning more difficult after the war.
cambridge.org/core/books/gen…
But at least in econ governance there were debates and competing tendencies. From Stephen's telling, the foreign policy "blob" of the day successfully sidelined an earlier generation of internationalists, who outlawed war. ht @oonahathaway @scottjshapiro
simonandschuster.com/books/The-Inte…

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More from @toddntucker

10 Sep
One of the best proposals in the current legislative negotiations was Chris Coons' Industrial Finance Corporation - a $500 billion national development bank that could fund decarbonization and reshoring of supply chains. See @yayitsrob here:
theatlantic.com/science/archiv…
The proposal would have put the US about even with KfW - the German development bank that @Thomas_Marois has written extensively about.
Though it still would have been only a fraction of China's $2.4 trillion development bank.
Read 12 tweets
22 Jun
The US Innovation and Competition Act, which passed the Senate on a bipartisan basis earlier this month, included the Build America, Buy America Act, which significantly tightens Buy American rules.
congress.gov/bill/117th-con…
The congressional findings section makes clear the multifaceted reasons why the spending of tax dollars for procurement purposes is unlike spending by private market actors.
The bipartisan agreed definition of "infrastructure" goes beyond the "roads and bridges" definition some in the GOP have insisted on, and included water and broadband.
Read 11 tweets
22 Jun
So... is this the full list of social conditions for semiconductor firms to access $50 billion in CHIPS Act funding?
congress.gov/bill/116th-con…
Also appears Secretary can consider how helpful the firm has been to US national security needs.
Each project is capped at $3 billion, but that can be waived if scale or security concerns surface.
Read 14 tweets
22 Jun
Today marks my five-year work anniversary @rooseveltinst.

US politics has shifted tremendously during that time. I can't think of a better place to watch this happen and pitch in.

Here was my very first RI post.
rooseveltinstitute.org/2016/06/22/glo…
I've been privileged to work alongside folks like @NellAbernathy @joelle_gamble @BharatRamamurti @jmargetta @KittyRichardsDC @ksabeelrahman @hitchop @MichaelSLinden @jennifermharris @awh and others that are now making change happen on the inside.
I'm also excited for all the great work we are continuing to put out on the outside, including from @FeliciaWongRI @SuzMKahn @stephsterlingdc @rgunns @rortybomb @kstrickland_ @lrmelodia and the whole RI team.
Read 5 tweets
20 May
Welcome to 21st century foreign investment protection policy. The left doesn't like tools like ISDS, but the beneficiaries of investment protection efforts will increasingly be green industries, which the left likes and wishes to be politically stronger.
bloomberg.com/news/articles/…
To be clear, ISDS is not mentioned here. But we know from the last decade of ISDS cases in Europe that a lot of disputes are related to governments making clean energy schemes less generous to producers.
To be even more clear, I count myself as implicated in this particular uncomfortable tension.
Read 4 tweets
5 May
Further evidence that the constituency for trade policy is changing.
And USTR is changing.

Their first statement under Biden was on racial equity.
Their first annual trade policy report explicitly laid out their metric of success is not low prices, but high wages.
Read 17 tweets

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