A Fourth Industrial Revolution

The rumors of the demise of American manufacturing have been greatly exaggerated. In fact, American manufacturing is experiencing something of a renaissance. In 2018, the United States added 261,000 jobs in the manufacturing sector, mirroring an increase of 207,000 in 2017. This job growth has primarily been powered by small, high-technology firms working with cutting-edge Expand

 

Short-Termism in Capitalism and A New Social Contract for Shareholders

“Modern capitalism is plagued by short-termism and myopia.” “Shareholders are king and everyone else gets left behind.” “The public markets hurt companies more than help them.”  This is the popular narrative today and to some extent it is true. It is true that modern capitalism does present numerous challenges for public companies. Quarterly reporting cycles Expand

 

The Populist Revolt

It is now abundantly clear that the Western world is in the midst of an expansive, multifaceted populist revolt. The ideological, institutional and cultural achievements of the Left in recent decades are now at risk of implosion. The return of the right to the political discourse in force and uncertainty around security and economics are Expand

 

Circa 1930: The Neoliberal Retreat

As the chorus of Neoliberalism quietens, the world enters a period of uncertainty and tension similar to the decade before WWII. Since the end of WWII with the victory of the Allies (Britain, the US and Russia), democracy and free market economics have made a stunning joint advance worldwide. Together, these policies form the core Expand