Looking Back: Wall Street's Role in the Offshoring Epidemic
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Why did America hollow out its manufacturing base—and what will it take to bring it back?
In this episode of Reshoring America, I sit down with strategist, author, and former Fortune 10 advisor Saji Madapat to get a behind-the-scenes look at the boardroom decisions that led to decades of offshoring—and the blueprint for how we can rebuild.
Saji brings a unique perspective: from growing up studying Marx in Kerala’s classrooms, to advising Fortune 10 CEOs, to now writing The Gods Must Be Crazy II: A Rooseveltian Renaissance, which lays out a bold 10-point plan he calls the “Roosevelt Renaissance.”
We cover:
- What really drove offshoring decisions in U.S. boardrooms
- Why Wall Street’s obsession with quarterly earnings created a “hunter mindset”
- How China’s long-term “farmer mindset” helped them dominate global supply chains - Why Washington gets U.S.–China competition wrong
- The collapse of GE as a case study in America being outmaneuvered
- What it means to “outsource national strategy to TikTok algorithms”
- Why Saji calls this “halftime in America”—and how we can pull off a comeback
Grab Saji’s book here: The Gods Must Be Crazy II: A Rooseveltian Renaissance https://www.amazon.com/Gods-Must-Crazy-Rooseveltian-Renaissance-ebook/dp/B0FFX51PL3/ref=sr_1_1?dib=eyJ2IjoiMSJ9.RIPkghf718f-MF0gJQDiUQ.ZUojrkwwgUQ_f6-dmMKAT3XZqD0MhV3HaXoha3CfmU8&dib_tag=se&keywords=The+Gods+Must+Be+Crazy+II%3A+A+Rooseveltian+Renaissance&qid=1757896619&sr=8-1
If you care about American manufacturing, national security, or the future of small business, you’ll want to hear this conversation.