14min chapter

Arsenal of Democracy cover image

1. America Is Not in Decline, but It Needs Help (feat. Walter Russell Mead)

Arsenal of Democracy

CHAPTER

The Shift to a Work-From-Home Economy and the Debate on Industrial Policy

This chapter explores the shift from an industrial economy to a work-from-home economy in a capitalist system, discussing the challenges it poses for cities and public transportation. The conversation also delves into the economic vision of the Biden administration and the ongoing debate surrounding industrial policy, contrasting it with the 'golden age' of the 1940s and 1950s. The speakers analyze the benefits and drawbacks of that era and discuss the perception of America's economic decline, arguing that the shift away from a stable industrial economy is inevitable.

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