The New Washington Consensus: A Return to Keynesianism

The top US national security official that is Joe Biden's national security adviser Jake Sullivan gave a historic speech this April in Washington. He essentially acknowledged everything that I'm saying. This is one of the top US government officials admitting that the neoliberal model has been a complete failure. Now he's calling for a new Washington consensus, which you can essentially say basically is a return to Keynesianism with significant state intervention in the economy.