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GM61: The New Politics: Neoliberal Decline and Authoritarian Rise ft. Gary Gerstle

Top Traders Unplugged

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The Transition from Neoliberalism to a New Political Order

The chapter explores the evolution of political orders, focusing on the shift from the New Deal Order to neoliberalism and the potential emergence of a new political paradigm. It discusses how economic crises, like those in the 1970s and 2008, have exposed the inequalities perpetuated by neoliberal policies, prompting a reevaluation of the market-government relationship. The conversation delves into the Biden administration's state-driven economic policies and how they signal a departure from neoliberal principles towards a more interventionist approach.

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