Crushing Capitalism: How Populist Policies are Threatening the American Dream

Have you heard this narrative? The middle class has been hollowed out because of an overreliance on free markets. Americans can’t compete with low-cost labor and imports, so all the good jobs in America have disappeared, especially those in manufacturing. It’s a dismal argument that many politicians, even some on the right, have spent the past few years spinning. They say that the American dream is dying and that only wealthy Americans have been successful for the past few decades. Supposed...