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National Developmentalism ≠ Critical Theory Radicalism

After years of dismissing the rise of critical theory-inspired identity politics, many conservatives have become “woke” to just how divisive this movement is. The problem, however, is that some free market fundamentalists see both radical intersectionalists and Hamiltonian supporters of national developmentalism as desecrators of the Founding Father’s principles.

Industrial Policy Must Account for Worker Attitudes

n a recent post about the relationship between family trends and the skills gap I noted that for some of the young adults my husband David and I interviewed in southwestern Ohio, trauma and addiction make it difficult to take advantage of the employment opportunities that do exist.

Potato Chips, Computer Chips: Yes, There Is a Difference

After a half century of neoclassical economics dominance, it has become a truism among most economists and policy makers that a nation’s sectoral composition doesn’t matter.

Is There a Way of Doing Bipartisan National Industrial Policy?

The likely configuration of the new Senate represents a potential obstacle toward some of the grander Democratic Party policy visions outlined in President-elect Biden’s program. 

America May Be Back, but Let’s Not Bring Back the Old Normal

As President-elect Joe Biden has been announcing members of his new team, he has been equally prone to pass on the message to the rest of the world that “America is back”. 

Industrial Policy May Have Finally Arrived: But For What?

Ever since the concept of a national industrial policy was proposed in the 1970s, it has received scorn from most neo-classical economists, with those advocating it treated as the economic equivalent of chiropractors.

Industrial Policy, the U.S. Constitution and the Supreme Court

Now that the Supreme Court is in the news, with President Donald Trump’s nomination of Judge Amy Coney Barrett to succeed the late Ruth Bader Ginsburg, it is worth reflecting on what kind of constitutional system is best for a national industrial strategy of the kind favored by a growing number of Americans on the left, right and center, in the aftermath of the catastrophic failure of a half century of neoliberal deregulation and globalization.

I Finally Agree with Krugman

I never thought I would find myself in wholehearted agreement with Paul Krugman.

Left, Right, and Center Discuss Federal Industrial Policies

American Compass’s research director Wells King shares key insights from the “Moving the Chains” policy symposium on the inaugural panel for the Industry Studies Association’s new webinar series.

Financialization in America

In this episode, Washington Free Beacon editor Aaron Sibarium and small business investor Sam Long discuss the financialization of American business culture and its impacts on our economy and society.

What’s the Best Way To Help Low-Income Workers? Automate Low-Income Jobs.

As we celebrate Labor Day, reducing unemployment and getting the COVID-impacted economy back to some semblance of normality is clearly the top economic task. But when that is done the economy will still face a critical labor market problem: too many workers earning too little. A recent Brookings study found that 44 percent of American adults workers make very little, with median annual earnings of just $18,000.

To Counter China, Some Republicans Are Abandoning Free-Market Orthodoxy

Jeanne Whalen reports on Republican enthusiasm for industrial policy, citing American Compass’s Moving the Chains report.

How Trump Has Changed the Republicans

The Saturday Essay features American Compass’s efforts to construct a new conservative governing philosophy.

How Corporate Actual Responsibility, Not Social Responsibility, Would Look

American Compass’s Oren Cass outlines the arguments from an open letter sent to the Business Roundtable calling for corporate actual responsibility.

Industrial Security Policy: New Missions for DoD, SBA and CFIUS

Thanks to the near-criminal negligence of neoliberal globalist policymakers in both the Democratic and Republican parties, America’s national industrial base, the foundation of its global power, has eroded to the point of collapse.

Intel’s Stumble is Very Bad for America

America used to dominate the semiconductor industry, but that leadership position is increasingly fragile. There are two parallel forces at work: the rise of our competitors and the decline of our domestic champions.

China and Civic Piety

The Chinese Communist Party’s efforts to eradicate the Uighur Muslim population in favor of the Han majority are horrifying. Programmatic abortions and sterilizations, slave labor, and “re-education” camps recall atrocities of the past. At the same time, the CCP’s ambitions for Hong Kong outrage westerners committed to liberty and the rule of law. And its record for the treatment of prisoners and religious dissidents is miserable. 

Why Neither Party Focuses on the Key Economic Issue: Enterprise Capabilities

The partisan rancor in Washington is worse than any time in the last century. But surprisingly when it comes to economic policy, both parties share a common view: policy needn’t be concerned about enterprise capabilities.

Rebuilding American Industry: Devil Is in the Details

David Goldman features his Moving the Chains symposium essay, “The Reshoring Imperative,” with new commentary directed at Joe Biden’s “Buy American” campaign.

On Buy American: Trump Should Listen to Steve Bannon, Not Steve Moore

A 2020 presidential contender unveiled a 700 billion dollar ‘Buy American’ plan today to rebuild America’s manufacturing sector devastated by the coronavirus.

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