{"id":11880,"global_id":"americancompass.org?id=11880","global_id_lineage":["americancompass.org?id=11880"],"author":"43","status":"publish","date":"2023-05-25 16:39:10","date_utc":"2023-05-25 20:39:10","modified":"2023-12-07 15:05:37","modified_utc":"2023-12-07 20:05:37","url":"https:\/\/americancompass.org\/event\/rebuilding-american-capitalism-an-american-compass-forum\/","rest_url":"https:\/\/americancompass.org\/wp-json\/tribe\/events\/v1\/events\/11880","title":"Rebuilding American Capitalism: An American Compass Forum","description":"<div class=\"tribe-events-schedule tribe-clearfix\">\n\t\t<h2 class=\"tribe-events-schedule__datetime\">\n\t\t<span class=\"tribe-events-schedule__date tribe-events-schedule__date--start\">\n\t\t\t\t\t<\/span>\n\n\t\t\t\t\t\t\t\t\t\t<br>\n\t\t\t\t\t\t<span class=\"tribe-events-schedule__time tribe-events-schedule__time--start\">\n\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\n\t\t\t\t\t\t<\/h2>\n<\/div>\n\n\n<div  class=\"tribe-block tribe-block__venue tribe-clearfix\" >\n\t\n\t\t\n\t<\/div>\n\n\n\n<iframe loading=\"lazy\" width=\"672\" height=\"378\" src=\"https:\/\/www.youtube.com\/embed\/VGUNM52gRTk\" title=\"YouTube video player\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<span style=\"visibility: hidden\">testing to see if there&#8217;s any change<\/span>\n\n\n\n<p><strong>Remarks by conservative leaders including Senators Tom Cotton, Marco Rubio, J.D. Vance, and Todd Young<\/strong><\/p>\n\n\n\n<p>What has happened to capitalism in America? A market economy that once produced widespread, broadly shared prosperity has devolved into one where wages rose only&nbsp;1% in the past 50 years, while productivity rose 140% and corporate profits rose nearly 200%. American industry has lost its technological edge, investment has stalled, families are failing to form, and life expectancy is falling.&nbsp;<\/p>\n\n\n\n<p>Adam Smith\u2019s \u201cinvisible hand\u201d is an explanation of how capitalism&nbsp;<em>can<\/em>&nbsp;work, not a promise that it&nbsp;<em>will<\/em>.&nbsp;If firms facing pressure to raise wages or improve conditions or otherwise invest in American workers can instead offshore production to foreign labor or bring that labor into America for \u201cjobs Americans won\u2019t do,\u201d capitalism does not work. If top business talent finds it can earn more money trading piles of assets in circles than making productive investments in the real economy, capitalism will not work. The market will deliver the profits, as America has learned, but also national decay.<\/p>\n\n\n\n<p>American Compass\u2019s comprehensive policy agenda,\u00a0<em><strong><a href=\"https:\/\/americancompass.org\/rebuilding-american-capitalism\/\" target=\"_blank\" rel=\"noreferrer noopener\">Rebuilding American Capitalism: A Handbook for Conservative Policymakers<\/a><\/strong><\/em>, charts a new course. In conjunction with its release, we hosted a Capitol Hill forum on June 21 featuring elected officials who are leading the advancement of conservative economics. Conservative leaders, including Senators Tom Cotton, Marco Rubio, J.D. Vance, and Todd Young, spoke about the handbook\u2019s key topics\u2014Globalization, Financialization, Industry, Family, Education, and Labor\u2014and answered questions from American Compass executive director Oren Cass.<\/p>","excerpt":"<p>Conservative leaders, including Senators Cotton, Rubio, Vance, and Young, spoke about Rebuilding American Capitalism and answered questions from Oren Cass.<\/p>","slug":"rebuilding-american-capitalism-an-american-compass-forum","image":{"url":"https:\/\/americancompass.org\/wp-content\/uploads\/2023\/05\/rebuilding-american-capitalism-illustration-1.png","id":12438,"extension":"png","width":1200,"height":750,"filesize":286906,"sizes":{"medium":{"width":300,"height":188,"mime-type":"image\/png","filesize":57564,"url":"https:\/\/americancompass.org\/wp-content\/uploads\/2023\/05\/rebuilding-american-capitalism-illustration-1-300x188.png"},"large":{"width":1024,"height":640,"mime-type":"image\/png","filesize":333118,"url":"https:\/\/americancompass.org\/wp-content\/uploads\/2023\/05\/rebuilding-american-capitalism-illustration-1-1024x640.png"},"thumbnail":{"width":150,"height":150,"mime-type":"image\/png","filesize":31947,"url":"https:\/\/americancompass.org\/wp-content\/uploads\/2023\/05\/rebuilding-american-capitalism-illustration-1-150x150.png"},"medium_large":{"width":768,"height":480,"mime-type":"image\/png","filesize":224607,"url":"https:\/\/americancompass.org\/wp-content\/uploads\/2023\/05\/rebuilding-american-capitalism-illustration-1-768x480.png"},"hd_qu_size2":{"width":400,"height":400,"mime-type":"image\/png","filesize":139131,"url":"https:\/\/americancompass.org\/wp-content\/uploads\/2023\/05\/rebuilding-american-capitalism-illustration-1-400x400.png"}}},"all_day":false,"start_date":"2023-06-21 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