It’s not socialism. Public factories are an old American answer to monopoly profiteering. The Progressive Caucus wants to bring them back.
Industrial policy
Posted inEconomy
If the Supreme Court Nixes Trump’s Tariffs, Could a Carbon Duty Save Him?
Despite the president’s claim that climate change is a hoax, a carbon tax could help him restore many of the tariffs he imposed last year should the justices strike them down.
Posted inNovember/December 2025
How the Democrats Can Play Offense
The November/December issue is here.
Posted inNovember/December 2025
Trump’s Industrial Policy: What’s Right and Wrong
The president uses government leverage to extract equity stakes, profit-sharing deals, and special voting rights from major corporations. These are familiar tools—but Trump’s unchecked dealmaking could be disastrous.
Posted inNovember/December 2025
How to Crush the American Battery Boom
Biden policies put the U.S. in a strong position, but Trump is destroying the American battery industry and good American jobs.
Posted inMagazine
Trump Promised a Shipbuilding Boom. He’s Sinking It Instead
After pledging to restore America’s maritime might, the president has gutted the very offices, funding streams, and foreign partnerships that could have made it possible.
Posted inPolitics
The Rise of the Populist Moderates
Democrats like Ruben Gallego and Pat Ryan aren’t old-fashioned centrists. They’re economic rabblerousers, and they are showing their party how to win again.
Posted inEconomy
Trump Promised a Shipbuilding Boom. He’s Sinking It Instead
After pledging to restore America’s maritime might, the president has gutted the very offices, funding streams, and foreign partnerships that could have made it possible.
Posted inThe Monopolized Economy
Railroad Merger: Why It Could Go Off the Rails
Union Pacific and Norfolk Southern have announced a merger, creating the first coast-to-coast railroad company. Past railroad mergers have failed to deliver promised efficiencies, and this one is no different.
Posted inMagazine
The Meager Agenda of Abundance Liberals
What the Democratic Party’s most buzzed-about policy movement gets right—and wrong.
