The Weekly Show with Jon Stewart America's Factory Reset with Adam Tooze and Sohrab Ahmari
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Mar 20, 2025 
Adam Tooze, an economic historian and author of Chartbook, teams up with Sohrab Ahmari, US Editor of UnHerd, to dive deep into America's manufacturing future. They tackle the feasibility of reshoring production and the potential of economic nationalism. The conversation critiques the shift away from globalization and explores the impact of automation on traditional jobs. With historical insights, they discuss a new social framework for workers in this evolving economy, emphasizing the need to balance growth with social responsibility.
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Economic Reshaping
- The US aims to reshape its economy through protectionism and reduced government spending.
- This approach mirrors both Trump and Biden administrations, raising questions about its true impact.
Drivers of Economic Change
- Economic reshaping usually happens due to major events or new technologies.
- The US has become efficient in manufacturing, similar to farming, changing its economic structure.
Rebalancing the Economy
- Neoliberalism empowered capital through technology, creating an imbalance with labor.
- Protectionism and a Hamiltonian approach are suggested to rebalance this economic equation.
