Wait — that's wrong. Let me produce the correct summary for this video.

How America became an industrial superpower, told through Alexander Hamilton's 1790s economic playbook.

• Hamilton, the first Treasury Secretary, argued a country that can't make its own goods isn't truly independent, no matter what its constitution says.
• His fix was two parts: tariffs (taxes on foreign goods) plus subsidies to help young American companies grow.
• The goal was to protect "infant industries" until they were strong enough to compete with anyone in the world.
• This plan ran the US economy for about 150 years and turned a nation of farmers with no factories into the world's biggest industrial power.
• The catch: this same protect-and-build strategy has historically preceded the fall of every dominant empire, as a rival rises up using the same tricks.

Outlook: The setup hints the US may now be on the losing end of this cycle, with another country rising to take the industrial crown.