Description
Book SynopsisIn the late 1960s the Waffle raised the spectre of the 'deindustrialization' of the Canadian economy -- a prospect which was linked to the power of foreign-controlled subsidiaries. Professor Mahon argues here that the threat of deindustrialization actually first appeared in a sector then dominated by Canadian capital -- textiles. Moreover, Mahon suggests that the Canadian state cannot act in the narrow interests of dominant capitals. Rather, in order to secure their political interests, it will have to take measures to restore Canada's industrial base. Its choice from among the main alternative industrial strategies -- continental rationalization, technological sovereignty, and full employment -- will be determined by the outcome of a series of political conflicts.
This important book analyses the first industrial policy to emerge from these recent debates on industrial strategy. It goes beyond earlier studies in its treatment of 'new protectionism' by arguing that import reg
