2008 Crash, Bank Bailouts, and Democratic Choices

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Danny and Derek speak with historian Tim Shenk of George Washington University about how American liberalism lost its way. They discuss the Cold War purge of the left and the rise of the “vital center,” the Clinton-Obama years and the hollowing of class politics, the Democratic Party’s embrace of the professional-managerial elite, meritocracy, the implications of organized labor’s decline, the financialization of everything, and whether a new populist coalition can still be built.