The Evolution of the Neoliberal Political System

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I do not see these mass membership organizations being reconstituted spontaneously anytime soon so the parties will continue to be dominated by their very upscale college educated primary electorates in the primary election. The most successful policy elites in the neoliberal period from the 90s to the present were libertarians in economics whose ideas and water down form were adopted by clinton democrats and reagan republicans and neo-conservatives. If we move away from those two schools of thought it will probably be as result of changing the minds of members of the elite and it has to be a bipartisan consensus of the u.s. hegemony strategy or deregulatory neoliberalism.

Michael Lind is a writer and professor of the practice at the Lyndon B. Johnson School of Public Affairs at the University of Texas at Austin. He is the co-founder of the think tank New America and the author of The New Class War: Saving Democracy From the Managerial Elite and, most recently, Hell to Pay: How the Suppression of Wages is Destroying America.

In this week’s conversation, Yascha Mounk and Michael Lind discuss whether one’s stances towards free trade, taxation, and workers’ rights are still a reliable predictor of voters’ broader political identity; why Lind, though he supports many economically progressive policies, is often classed as a conservative; and whether efforts to rebuild labor power and reinvigorate national industrial policy will succeed in improving the economy for ordinary people.

This transcript has been condensed and lightly edited for clarity.

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