Financial Capitalism

Featured

Constraining the Corporation

| Aug 05, 2020

A well-functioning market in which businesses fulfill their obligations to workers, families, communities, and the nation depends upon legal, economic, and social constraints that have fallen away in recent decades.

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Collections

Corporate Actual Responsibility

In recent years, the business community has sought to rebrand itself as “socially responsible,” but in practice this has largely amounted to glossy marketing campaigns and nominal charitable contributions. What if corporate executives were instead held responsible for actually considering the interests of their…

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Coin-Flip Capitalism

Do the hedge fund, private equity, and venture capital industries channel investment efficiently and in ways beneficial to the nation?

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Conversations

Events

Corporate Actual Responsibility: A Conversation with Senator Josh Hawley

Senator Josh Hawley talks with American Compass executive director Oren Cass about the empty platitudes and hypocrisy of “woke capital” and why conservatives must work to prioritize the needs of workers and families in their economic policy agenda.

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Podcasts

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.

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Corporate Actual Responsibility, with Sen. Josh Hawley

Senator Josh Hawley talks with American Compass executive director Oren Cass about the empty platitudes and hypocrisy of “woke capital” and why conservatives must work to prioritize the needs of workers and families in their economic policy agenda.

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Exchanges

The Corporate Obligations Debate

Patrick Deneen and Andy Puzder debate the obligations of business.

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News & Commentary

How Corporate Actual Responsibility, Not Social Responsibility, Would Look

| Aug 20, 2020

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

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Oren Cass Presses Business Roundtable on Corporate Responsibility Pledge

Aug 20, 2020

RISING—American Compass’s Oren Cass discusses an open letter sent to the Business Roundtable calling for corporate actual responsibility.

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Private Equity Captures Rather Than Creates Value

| Jul 23, 2020

NEWSWEEK—American Compass’s Oren Cass debates University of Chicago professor Todd Henderson over the question, “Does the private equity industry create substantial social value?”

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Private Equity, Hedge Funds Get Unlikely Foe in GOP Think Tank

May 20, 2020

BLOOMBERG—American Compass’s first special project, “Coin-Flip Capitalism,” was featured by Bloomberg Politics, challenging established economic views on the right.

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On the Commons

Respect the People

| Oct 19, 2020

Like every banker, I remember my first bail-out fondly. Mine was January 1995 and I was working for Salomon Brothers bond trading business,...

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Giganticism After COVID

| Aug 21, 2020

In March, I could see that our social response to the coronavirus would be more consequential than the virus itself. Natural disasters can...

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Monopolization as a Challenge for Both Parties

| Aug 20, 2020

Two Federal Reserve economists have just come out with a paper on the social consequences of widespread monopolization of markets by large corporations....

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Uber’s New Labor Law: Placation Without Representation

| Aug 13, 2020

The “gig” may soon be up for Uber. A San Francisco judge’s ruling that ride-sharing services must treat their drivers as employees has...

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Corporate Responsibility and 1619

| Aug 07, 2020

Just as American Compass was releasing the Corporate Actual Responsibility project, the New York Times’s DealBook announced its own corporate-responsibility event. But the...

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