Michael Stumo

Michael Stumo is the Chief Executive Officer of the Coalition for a Prosperous America.

@michael_stumo

How to Bound the American Market Share This

Apr 01, 2022

In his essay, Oren Cass correctly argues that a well-functioning capitalist system requires a “bounded market” within a nation-state that imposes interdependence on labor, capital, and consumers. Frictionless capital mobility across borders, in contrast, decouples the interests of investors from their country and their workers. Global capital flows have become massive in volume, unrelated to […]

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