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This chapter argues that the 2016 election in the United States is best understood in terms of the long-run consequences of the neoliberal turn in the 1970s, and the way in which the financial crisis of the late 2000s was addressed.
As he shows, the neoliberal order that emerged in America in the 1970s fused ideas of deregulation with personal freedoms, open borders with cosmopolitanism, and globalization with the promise of increased prosperity for all.
7 hours ago · He won big, including longstanding Democratic constituencies. Look no further than solid blue New York: Vice President Kamala Harris had the worst statewide performance for a Democrat since 1988 ...
Jul 17, 2023 · Neoliberalism, in the American context, can be understood as a reaction against mid-century liberalism. Neoliberals think that the state should play a smaller role in managing the economy and ...
- Louis Menand
Apr 6, 2019 · To gain the moral high ground, neoliberals presented the notion of consumer democracy as the real economic democracy, which, in contrast to the socialist ideal, effectively ensured that all members of society could hold a share in economic decision-making, power, and wealth.
Dec 23, 2019 · During the neoliberal era, the racial wealth gap did not fare much better. In 1979, the average hourly wage for a black man in the U.S. was 22 percent lower than for a white man.
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Jul 5, 2021 · We wanted to dive deeper into the dominance of Capitalism in the 20th century American mindset. What's the role of government in society? What do we mean when we talk about individual...