Plain English with Derek Thompson cover image

What America’s Bold New Economic Experiment Is Missing

Plain English with Derek Thompson

00:00

Shifting Consensus: America’s New Economic Paradigm

This chapter examines the significant transformation in American economic policy, marked by a bipartisan pivot towards government intervention in trade and technology, particularly in relation to China. It analyzes the decline of traditional neoliberalism and the emergence of a new consensus that emphasizes infrastructure subsidies and tariffs, while addressing the complexity of cooperation amid political polarization. The discussion further explores the implications of these shifts on legislation, industrial policy, and the evolving dynamics within the political landscape.

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