RECOMMENDED READING
American capitalism has undergone a transformation into a system that might more properly be called āuncapitalismā. The real economy now serves the financial sector, instead of vice versa. Investment shortfalls and overheated financial markets have contributed to stagnant productivity and wages, declining international competitiveness and rising wealth inequality.
In a new American Compass report, we analyse nearly 50 years of public-company financial data and show that firms neither tap financial markets to fund growth nor reliably reinvest in their own health ā which is what traditional models expect and what they once did.
Recommended Reading
New Policy Proposals for Pro-Investment Financial Market Regulation
PRESS RELEASEāA financial transaction tax and other key reforms would confront Coin-Flip Capitalism and shift capital toward productive investment.
American Compass Releases Conservative Economic Agenda for 118th Congress
Today, American Compass is releasingĀ New Direction: Conservative Principles & Policies for the 118thĀ Congress,Ā an agenda for economic renewal, focused on the interests of worker, their families and communities, and the nation.
Policy Brief: Back to Basics for Corporate Finance
Ban stock buybacks and repeal business interest deductibility
