Economist Podcasts

Checks and Balance: Well enough alone?

16 snips
Oct 27, 2023
Kevin Roberts, President of the Heritage Foundation, delves into the Republican Party's ideological journey from internationalism to isolationism. Edward Carr, Deputy Editor at The Economist, emphasizes how current skepticism towards foreign alliances shapes U.S. foreign policy. They discuss the implications of recent political dynamics, military aid debates, and America's evolving role globally. The conversation also touches on historical influences, including Eisenhower's moderate stance and the challenges posed by a divided political landscape.
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INSIGHT

From Hegemony to Economic Weakness

  • America's post-WWII hegemony led to an embrace of free market ideology and economic power projection.
  • This approach is now challenged by America's weakened economic standing and the rise of other global powers.
INSIGHT

The Cost of Interventionism

  • The cost of neoconservative adventurism, like the Iraq and Afghanistan wars, necessitates a shift in foreign policy.
  • Domestic problems require attention, making extensive international intervention unsustainable.
INSIGHT

Prioritizing Alliances

  • Heritage Foundation prioritizes Israel, Taiwan, and potentially Britain due to their strategic importance.
  • Limited resources require prioritizing aid, potentially impacting support for Ukraine.
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