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“Bad competitiveness” results in weakening demand, which either reduces global production or requires surging debt to maintain demand and production at its existing level. Perhaps that rings a bell, because it is the world we live in.
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Tracking the catastrophic erosion of middle-class life in America
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Mutual dependence between capital and labor, not mere “economic freedom,” is what Adam Smith so ably described. Globalization destroys it.
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The platform we have built for a new conservative economic agenda—with its strong intellectual foundation, robust organizational infrastructure, and concrete policy proposals—is welcoming converts and playing host to the policymaking process.
