This chapter explores the origins and evolution of neoliberalism in the United States, highlighting the political changes of the late 20th century and the significant influence of conservative leaders like Ronald Reagan. It discusses key figures such as Milton Friedman and James Buchanan, who shaped neoliberal thought and strategy amid rising governmental skepticism. The chapter also examines the impact of economic challenges in the 1970s, particularly inflation, on the adoption of neoliberal policies and the mobilization of corporate interests.
S7 E7: Gilded Age 2.0
After 40 years of neoliberalism, most Americans of every political stripe agree that the economy is “rigged” in favor of corporations and the wealthy. But we may not know the half of it.
By John Biewen, with co-host Ellen McGirt. Interviews with Nancy MacLean, Edward Balleisen, Brad DeLong, Marjorie Kelly, and Oren Cass. Story editor: Loretta Williams. Music by Michelle Osis, Lilli Haydn, Chris Westlake, Alex Symcox, and Goodnight, Lucas. Music consulting by Joe Augustine of Narrative Music.
"Capitalism” is a production of the Kenan Institute for Ethics at Duke University, in partnership with Imperative 21.