CEOs have forgotten the moderate playbook. The stakes for relearning it have never been higher

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• In today’s CEO Daily: Diane Brady reports on what CEOs are saying at the Aspen Ideas Festival.
• The big leadership story: ‘RAM-ageddon’ is here.
• The markets: Mixed globally, as the tenuous U.S.-Iran peace deal keeps investors on edge.
• Plus: All the news and watercooler chat from Fortune .

Good morning. American competitiveness has long been a triumph of the moderate, won by those who could find common ground with policymakers to get things done. Some taxes but not too much. Clear rules that protect without stifling innovation. Knowing when to speak up or shut up, appealing to common values among multiple stakeholders. I’m at the Aspen Ideas Festival this week, where there’s a lot of debate about how business can help create that common ground.