The American System: How We Return To An Economy That Lifts All Americans
American Compass’s Wells King outlines his arguments from his essay on “Rediscovering a Genuine American System” in this adaption.
American Compass’s Wells King outlines his arguments from his essay on “Rediscovering a Genuine American System” in this adaption.
The Senate is finally back in Washington and negotiations over the next coronavirus recovery package are underway. The White House’s initial salvo was reported Monday and includes a capital gains tax cut, a measure to increase entertainment tax deductions, and a payroll tax cut.Â
Sen. Josh Hawley recently opined in the New York Times about the need for the US to back out of the World Trade Organization (WTO) and engage the global economy with bilateral trade agreements that better reflect American interests.
Before anyone had heard the term “COVID-19,” working America was already in a crisis.
No particular worldview or ideology is necessary to see the reality of our political situation today. Due to the reshaping of our psychological and social environment by digital technology–a process laid bare by the unfolding coronavirus pandemic–our “map” of America is now out of date.
For my inaugural post here on The Commons, I want to offer a few thoughts on how one of the pillars of the American Compass mission, community, has too often been a blind spot in the prevailing view of the economy.
Material standard of living of course matters to families, but so does the ability to take time off when a family member is sick or when a new baby arrives, to be able to afford rent or homeownership, and to have some semblance of a consistent schedule that allows for time together.
China’s economic rise and the damage inflicted on U.S. industry has been a wakeup call to many U.S. policymakers. But most conventional economists continue to hold firm to their ideological notion that only the market can respond, and that any more proactive government action, particularly focused on key sectors or technologies, is doomed to fail.
American Compass’s Wells King and Oren Cass and American Affairs’ Julius Krein summarize their arguments from Rebooting the American System in this short adaptation.
Almost 60 years ago, Frank Meyer formulated “fusionism.” He explained why 1950s anti-communists, free-market proponents, and social conservatives could unite in a coherent coalition.
The COVID-19 panic has drawn long-overdue attention to the economic and health and financial challenges facing many “essential workers” including nurses and health aides, nursing home aides, slaughterhouse workers, truckers, grocery store clerks and other retail workers, warehouse workers, and others upon whom the daily functioning of our continental society depends.
American Compass proposes that conservatives revisit the question of whether a nation can afford an economic order without a “compass,” a guide that can provide a sense of direction national policy and shared intention. The question is essential, and the answers on offer on this site portend a new course for the American political order.
Welcome to American Compass. Our mission is to restore an economic consensus that emphasizes the importance of family, community, and industry to the nation’s liberty and prosperity.
American Compass’s Wells King reviews Michael Strain’s new book The American Dream Is Not Dead (But Populism Could Kill It).
One of the nation’s leading opinion platforms cuts a two-minute attack ad against American Compass for prompting debate.
It is a tragedy that Friedrich Hayek’s excesses, invested with the authority of his (deserved) reputation, became the unexamined default for right-of-center economic thinking in America.
Today we are announcing the formation of American Compass, an organization dedicated to helping American conservatism recover from its chronic case of market fundamentalism.
If comparative advantage is created rather than discovered, refusing to play the game has consequences.
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