5 Industries Reshaping America's Future, 2 Are Currently Failing

In today's report we cover some industries which clearly show the distinction between American methods of political economy and the looting which accompanies the British Imperial methodology.

5 Industries Reshaping America's Future, 2 Are Currently Failing
The partially reusable Blue Origin New Glenn rocket on its pad. It is approximately 80% the size of the Starship/Superheavy system. First flight is expected on January 6th.

In today's report:

  • New Glenn to Launch on Jan. 6 and Starship/Superheavy on Jan. 10
  • Fusion: Feds Still Failing to Fund Necessary Infrastructure
  • The Current Status of Small Modular Nuclear Reactors in the U.S.
  • What and Who is Killing U.S. Steel?
  • How Predatory and Short-Term Thinking Has Been Killing Leading Automakers

It's an injustice to refer to the American System of Political Economy as simply "Capitalism." Every society or economy produces some profit, or capital.

The question is what you do with it?

In today's report, we cover some industries which clearly show the distinction between American System methods and the looting which accompanies the British Imperial methodology.

If you haven't already read it, make sure to read Bob Ingraham's post here:

Labor Power, Not Capital, Is the American System
The current flap concerning H-1B visas is now being used by enemies of the incoming Trump Administration to sow discord and confusion among Trump’s team and the MAGA base. It is for this reason that certain truths about the American System of Economics must be clarified.

New Glenn to Launch on Jan. 6 and Starship/Superheavy on Jan. 10

Will 2025 be the year of Starship? SpaceX’s megarocket is growing up.
Starship could launch twice per month in the coming year.

Blue Origin's New Glenn, with its reusable first stage, is likely to fly on its first test flight on January 6th. The seventh test flight of the SpaceX Starship/Superheavy rocket is likely to take place on January 10th.

The first flight of the Sierra Space Dream Chaser spaceplane is scheduled for no earlier than May. And, the first flight of the European Space Agency's Space Rider spaceplane is expected in the second half of the year.

Lots of engineering development, exploration, and progress will become more visible in 2025.

From new commercial Moon landers to asteroid investigations, expect a slate of exciting space missions in 2025
From exploring the Moon to revealing mysteries of the solar system, space agencies around the world are gearing up for an exciting year of launches and flybys.

Fusion: Feds Still Failing to Fund Necessary Infrastructure

US falling behind China in race to nuclear fusion - Asia Times
China is moving with awesome speed to take the global lead in realizing nuclear fusion as a commercial energy source. With the scheduled completion of the

In this interview, the head of the Fusion Industry Association compares Chinese and American work towards bringing fusion power to the grid and gives a good status report.

While American private industry is doing great things, the strangulation of U.S. federal investment into fusion research undermines the breakout potential of the private initiatives. Federal investment into fusion research must become a priority of the second Trump administration.

The Current Status of Small Modular Nuclear Reactors in the US

Professor Ruzic gives a good overview of the current status of the first 2 small modular reactor (SMR) projects in the United States. The new administration will be working to massively step up the pace of deployment for all SMR systems, as well as the large reactors, such as the Westinghouse AP1000 reactors recently put into service in Georgia and China. We need to move to double and triple electricity production to power the revitalization of our industrial superpower status.

What and Who is Killing U.S. Steel?

Before President Trump resumes office, the current occupants of the White House must decide on the proposed buyout of U.S. Steel by Nippon Steel.

U.S. Steel claims that without injections of capital from Nippon, it would be forced into waves of closures and layoffs. Of course, part of U.S. Steel's trouble is simply a reflection of collapsing American production as a whole. But there is also the Imperial looting policy which is displayed in its willful disregard for the necessity of R&D and capital investment, in favor of dividends to shareholders.

Nippon Steel offers U.S. government veto power in bid for U.S. Steel approval
The Japanese firm offered to give the U.S. government a veto over any reduction in U.S. Steel’s production capacity.

Assuming that the current occupants turn down the buyout (which is likely, but not certain) the Trump administration must ensure that competent leadership takes charge of U.S. Steel and that capital is made available to construct new plants using the most advanced steelmaking technologies.

In June, we reported on the work by MIT and Boston Metal on such technologies. There is also exciting work going on in this area in China. Unlike the "cement-heads" at U.S. Steel, Chinese scientists took American ideas and ran with them.

China’s ‘explosive’ ironmaking breakthrough achieves 3,600-fold speed boost
A new method for making iron is not only faster and cheaper, but also better for the environment, according to Chinese researchers.
Physical Economy and Technology Report for June 27, 2024
This latest report shines the spotlight on innovative American companies pushing the boundaries of space technology, nuclear power, and steel manufacturing. Meanwhile, China’s rapid progress in these areas serves as a timely reminder that intention and credit can achieve remarkable results.

We discussed the MIT/Boston Metal Steel Technology in this Report

How Predatory and Short-Term Thinking Has Been Killing Leading Automakers

As with government, foreign policy, banking, education, steel, aerospace, etc., the domination of society by Wall Street/City of London professional administrators/managers has been leading most established automakers to collapse.

While the author of this video exhibits some mistaken assumptions about electrification in the automotive world, his video is the best overview documentation that I've seen regarding the ongoing collapse of auto industry titans.

As with the revolutionary changes in the Federal Government, most of the current "leadership" of established automotive companies should be replaced by actual engineering and production people.

To Make America Great Again, we'll have to replace most of the leadership of what physical economist Lyndon LaRouche once called the "Make Anything Industry," and reverse the disastrous consequences of the Biden/Harris administration.

Rebuild the USA: The Trump Presidency and Beyond

After all the years of campaigning, Americans have finally come to the agreement that we will Make America Great Again. But, how do we actually implement the intention, and with a minimum of mistakes along the way?

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