People writing for and editing a magazine named The Economist should know that government subsidies to manufacturers are evil in that they distort prices, cause inefficiencies in production and are unfair in that they help a few people and not others. Yet in this article this magazine appears to be saying subsidies are to be encouraged.
Governments give out subsidies to protect jobs or to encourage firms to locate and provide jobs in their areas.
Surely it would be better to give subsidies to consumers rather than producers. Then prices would not be distorted and the market economy would operate efficiently and according to the values of all people.
Also subsidies to consumers rather than producers could be organized so that we could meet a collective responsibility to ensure all people have the opportunity for minimum standard of living.