American Jewry has long thrived in a society built on institutions. But today, we live in an anti-establishment age, where subtlety fuels suspicion and open displays of power are seemingly valued for their authenticity. In this environment, should America’s Jews think and act like a state, as Jordan Chandler Hirsch argues in his essay “The Need for a Jewish Sovereign Wealth Fund”? Or is this proposed cure an abandonment of the features that have long defined American exceptionalism — and the Jewish experience within it, as Roger Zakheim argues in response?Hirsch and Zakheim joined SAPIR Editor-in-Chief Bret Stephens for a thought-provoking conversation on the future of the American Jewish community in an anti-institutional era.Watch this SAPIR Conversation on YouTube:  https://www.youtube.com/watch?v=5g51WmzVsNw

Read Jordan Chandler Hirsch's essay: https://sapirjournal.org/money/2025/the-need-for-a-jewish-sovereign-wealth-fund/

Read Roger Zakheim's letter: https://sapirjournal.org/letters/against-a-jewish-sovereign-wealth-fund-renewing-americas-covenantal-promise/

Music from #Uppbeat (free for Creators!): https://uppbeat.io/track/theo-gerard/monsieur-groove