Jean-Baptiste Wautier for PS Longer Reads: The Profit Trap

And in a new PS Say More, Todd G. Buchholz discusses US debt, Chinese trade practices, industrial policy, and more [View this message in a web browser]( JUNE 28, 2024 This week in PS Longer Reads, Jean-Baptiste Wautier, a private investor and lecturer at Sciences Po, considers why capitalism is creating problems instead of solving them, and how to save the system from itself. [Read now](. And in PS Say More, Todd G. Buchholz, a former White House director of economic policy under President George H.W. Bush and managing director of the Tiger hedge fund, discusses US debt, Chinese trade practices, industrial policy, and more. [Read now](. [PS Longer Reads: The Profit Trap]( [The Profit Trap]( By Jean-Baptiste Wautier Capitalism has become a major source of global problems, when it should be delivering solutions. But as a powerful engine of prosperity that also lends itself to the defense of political liberty, the system is well worth saving – albeit in a revised form. [Read more]( Sign up for our new AI newsletter. Get the cutting-edge analysis you need to understand the latest breakthroughs and trends in artificial intelligence. [Sign Up Now]( [PS Say More: Todd G. Buchholz on US debt, Chinese trade practices, industrial policy, and more]( [Todd G. Buchholz on US debt, Chinese trade practices, industrial policy, and more]( Todd G. Buchholz points out that not all the reasons for the US economy’s strong performance are positive, highlights the limits of antitrust enforcement, suggests that China is undermining both its own future growth and the world trading apparatus, and more. [Read more]( [PS. Subscribe to Premium to access PS Quarterly: Age of Extremes.]( [PS Longer Reads: The Evolution of Empire]( [The Evolution of Empire]( By John Andrews The trite answer to the question of why empires fall is that they become victims of their own success, growing too large, too corrupt, and too exhausted to fend off energetic newcomers. Whether this will be America's fate has become an urgent issue in today's increasingly unstable, multipolar world. [Read more]( [Facebook]( [Twitter]( [LinkedIn]( Project Syndicate publishes and provides, on a not-for-profit basis, original commentary by the world's leading thinkers to more than 500 media outlets in over 150 countries. Receipt of this newsletter does not guarantee rights to re-publish any of its content. This newsletter is a service of [Project Syndicate](. [Change your newsletter preferences](. Follow us on [Facebook]( [Twitter]( and [YouTube](. © Project Syndicate, all rights reserved. [Unsubscribe from all newsletters](.