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