Heritage Foundation turns away from free markets towards New Right

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One of the most important conservative think tanks is changing its tune on the free market and state power to keep up with the 'New Right' ushered in by Trump and DeSantis

The Reaganite fusion of free markets, social traditionalism, and anti-communism"is fundamentally dead," Geoff Kabaservice, vice president of political studies at the market-oriented think tank Niskanen Center, told Insider."Ronald Reagan in 2023 might have seen his philosophy as pointing in different directions as the needs of the country are different now," he said.

The report"is the surest, formal sign of retreat" from Heritage's"free-market fundamentalism, that markets of their own accord generate the best outcomes, so economic policy is just a matter of the government getting out of the way," he added. They're"sort of acknowledging we don't have the answer," Cass noted, which is a big deal for an"extremely influential organization" known for speaking with one voice.

Announcing a proposal to ban critical race theory in classrooms and corporations in 2021, DeSantis said,"we must protect Florida workers against the hostile work environment that is created when large corporations force their employees to endure CRT-inspired 'training' and indoctrination."

 

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Globalization wasnt free mkt oriented. Massive markets have trade barriers. China, India, Brazil, Japan, Europe. Big Corps didn't care b/c lower wages were offset by debt fuelled spending & margins were boosted. The finance crowd loved it. We didn't give small guys a chance.

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