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157 | Adam Tooze: How Covid Reshaped Capitalism, the Cold War, and Politics

The Realignment

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What Is the Warren Buffet Definition of Near Liberalism?

Near liberalism is the project of changing the balance of power in society by all means necessary. There's a third definition of thener liberalism, which is to say, forget the ideas, there fore the birds. The effect of that was to massifely intrench the existing order of inequality in american society and everywhere else. If you've got an actor like china in the system, it's systemically huge. It has proven itself a highly competent crisis fighter. That doesn't mean there aren't tensions, but it is naging its crises remarkably well.

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