About
The mission of the Resilient World Systems program at Open Markets is to develop and advocate for policies that ensure the security, independence, and prosperity of the people of the United States and of all peoples around the world. It is based on the belief that the stability of the world’s industrial, financial, communications, and political systems requires careful coordinated management by national governments.
Over the last generation, the United States and its allies allowed super-large corporations and mercantilist nations to concentrate power and control within these systems in ways that have created many grave economic and political dangers. One result is that many of these systems are now subject to cascading and potentially catastrophic crashes and severe shortages even of vital goods such as foods and medical supplies. A second result is a breakdown of international cooperation and a growing number of cross-border industrial conflicts. Other results include the manipulation of vital news and information, the disruption of democratic debate, and the choking off of climate-friendly technological innovations.
Open Markets is recognized around the world as a pioneer in the study and design of resilient and open international systems. Over the years, our work has deeply shaped thinking among officials in the United States, Europe, Japan, and China, as well as in the IMF and World Bank. Our new partnership with the OECD resulted in the important transatlantic conference Shock Proof to discuss the lessons of the COVID-19 pandemic.
Publications
Open Markets submitted a letter to the French Competition Authority advocating for updates to France's merger control thresholds to address concerns over "killer acquisitions" by dominant firms, especially in Big Tech and Big Pharma, emphasizing the need for a more robust and flexible regulatory framework.
Open Markets Institute’s transportation policy analyst, Arnav Rao, published an op-ed arguing that instead of making grandiose claims about the Panama Canal, President Trump should focused on restoring U.S. shipbuilding as well as adopting a more robust maritime policy to reclaim the seas from China and foreign corporations.
Open Markets Executive Director Barry Lynn spoke in late January in Brussels at a conference titled A Perfect Storm: A Time of Truth for Europe, hosted by Cristina Caffarra and The Capitol Forum. Lynn spoke on a panel with Texas Attorney General Ken Paxton and FTC Commissioner Rebecca Slaughter, among others. Other speakers included economist Simon Johnson, who recently won the Nobel Prize, MEP Andreas Schwab, former German Secretary of State for Economic Affairs Sven Giegold, Ambassador Katherine Tai, CFPB Director Rohit Chopra, FT Columnist Rana Foroohar, UK MP Chi Onwurah, MEP Alexandra Geese, and Marietje Schaake.
Europe director Max von Thun co-wrote a piece alongside fellow Michelle Nie discussing French AI Action Summit must address Big Tech's control over AI infrastructure and policy to ensure AI aligns with the public interest and independent regulation.
Open Markets Institute Transportation Policy Analyst Arnav Rao comments on a USTR investigation that finds China uses monopoly practices to dominate the maritime industry.
Open Markets Institute submitted a comprehensive comment letter to the Justice Department (DOJ) and Department of Transportation (DOT), outlining actionable steps to address the ongoing decline in the airline industry and air travel experience.
Healthcare, transportation, and the care economy are each captured by giant corporations or private equity, resulting in higher costs and horrible service. Three new articles from Open Markets staff in the new issue of The Washington Monthly point toward solutions.
Policy director Phillip Longman argues that re-regulating airlines, rail, and trucking could improve service quality, reduce monopolistic practices, and revitalize America's heartland.
Industrial policy program manager Audrey Stienon argues that before increasing federal investment in child and elder care, measures should be taken to prevent large corporations from dominating these markets and compromising service quality for working-class families.
Industrial Policy Program Manager Audrey Stienon examines how China’s mineral export ban impacts critical supply chains and poses a major challenge for U.S. strategies to reduce dependence on China and ensure national security.