Markets are not static entities that are 'intervened' in (for good or bad) but are outcomes of public and private interactions.

If we look at Germany's infrastructure policy, it has been driven by its mission-oriented focus on green infrastructure. This affects both innovation and infrastructure, old industries and new. The German steel industry, for example, has adapted to the policy by lowering its material content through a 'repurpose, reuse and recycle' strategy.

Another similarity of Brexit and Trump's campaigns was an attack on so-called elites. This is not so much a failure of capitalism as of its high priests in the economic profession, for which we must all take some responsibility.

The actual division of labor must be reflected in the division of the rewards (and prices, which is the way the consumer gets rewarded).

The globalized nature of production and innovation means that the benefits don't necessarily stay in the country where the investments are made.

Brexit and Trump's election are forcing countries to come up with new radical ideas.

Too many politicians seem to reach for 'infrastructure' as the default answer to investment, as if roads and bridges were the answer to everything. Even the IMF and the World Bank seem to mainly offer infrastructure spending as an alternative to austerity, although they are right to focus on the need for investment.