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The Post-Cold War Consensus Is Dead. What Will Take Its Place?
U.S. Senator Marco Rubio (R-FL)
June 29, 2023
American Conservative
We are living through a historic inflection point—the passing of a decades-long economic obsession with maximized efficiency and unqualified free trade…. It’s time to dust off the economic playbook that made America the most prosperous and powerful country in the world. It’s time to revive the American System….
Elites rejoiced when the U.S. enacted the North American Free Trade Agreement and China joined the World Trade Organization…. Wall Street made a bundle, but working-class Americans experienced a far different reality. They saw their jobs disappear and their communities fall apart as production moved overseas….
In 2020, the COVID-19 pandemic revealed America’s crippling economic fragility. People from every income bracket and background felt the consequences of offshoring and deindustrialization…first-hand. Suddenly and (I hope) irrevocably, the stranglehold of the post-Cold War consensus was broken….
[I]f we want to resurrect the American System—that powerful combination of public policy and market ingenuity that protected our infant republic from being strangled in the crib by Old World empires, turned the untamed West into the American heartland within a matter of decades, and saved the world from the darkest forms of totalitarianism not once, but twice—we cannot stay within the confines of the Republican Party….
[C]reating a new economic consensus will take a multiethnic coalition of patriots who are willing to put the long term over the short term and nation over party…. [I]f they are united in advocating common-sense, pro-America industrial policy, and if they stand firm against attempts to co-opt populist language for elitist ends, they will have the power to effect lasting change….
Read the rest here.