Alexander Hamilton dreamed America would be an industrial powerhouse with a competitive private sector supported by the government, which laid the groundwork for the nation’s economic success.
As Lilla Nóra Kiss writes for Acton Institute, today’s tech giants like Amazon, Google, and Meta are driving innovation and consumer satisfaction. Yet Lina Khan and the radical neo-Brandeisian movement view large, successful companies as threats.
Bigness drives scale and incentivizes firms to invest in research and development, enabling innovation and keeping America competitive. By wanting the U.S. to adopt Europe’s failed competition policies and hindering companies’ ability to consolidate, the neo-Brandeisian approach weakens America’s competitiveness in emerging technologies such as AI.
Upholding free markets, economic growth, and limited government is crucial to maintaining American prosperity and global leadership amidst a rising China.
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