Revitalizing the American Economy with Oren Cass

In this episode of The Vivek Show, host Vivek Ramaswamy is joined by guest Oren Cass, an American public policy commentator, political advisor, and author. Cass, who played a key role in Mitt Romney's 2008 and 2012 presidential campaigns and serves as the executive director of American Compass. Together, they delve into a critical examination of the neoliberal conservative approach, discussing the need for a revised vision that emphasizes the common good over "market fundamentalism." Cass argues for a more balanced approach to trade policy, suggesting the necessity for public policy in safeguarding American liberty, prosperity, and the domestic industry. Through this engaging conversation, listeners can gain a fresh perspective on the role of government in economic regulation and the future of conservative ideology.

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00:00 - Vivek Ramaswamy introduces Oren Cass and the topic of the episode

02:40 - Discussion on the need for a shared national identity in conservatism

03:00 - Oren Cass talks about the necessity for a revised trade policy

04:40 - The shortcomings of the free trade consensus

05:00 - Ramaswamy asks Cass about specific policy changes needed

07:00 - Cass highlights the role of government in promoting domestic industry

07:04 - Discussing the lessons learned from China's mercantilism

10:00 - Concern over China's use of companies for non-economic agendas

12:00 - The need for a nuanced approach to decoupling from China

14:00 - Reference to Reagan's quotas on Japanese car imports

20:53 - Cass's argument for using markets as a tool

23:40 - Ramaswamy's view of the market as a just system for meritocratic allocation

26:00 - Distinction between conservative and liberal views on markets

28:26 - Cass and Ramaswamy discuss different visions of progressives and conservatives

31:00 - Examples where the conservative approach may not have worked

33:40 - Agreement to continue the discussion in future segments

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