One of the ideas that seems to be missed from the study of history and economy, was the effect on the total destruction of the Japanese and German industrial base - during WWII. Britain and USA, were left with their archaic industrial systems. After WWII, the Japanese and the German steel industry had to be completely reborn. (At the cost of primarily USA financing.) Those two countries had no more relics of the past…
Solution for the future of American industry: Bomb US Steel? Maybe this would also be an effective way of clearing out NIMBYs blocking the routes for high-speed rail lines?
Plenty of places are bombed into oblivion. What makes the rebirth is the rebuilding. The marshalling of public resources. You can replicate that without the bombs with a public-spending initiative.