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2min chapter
Confronting Capitalism: Why Liberalism Lost Again
Jacobin Radio
Examining Economic Strategies and Political Consequences
This chapter analyzes the economic impact of the Biden administration's policies, challenging the notion that leftward moves harmed Democratic elections. It emphasizes the oversimplification in blaming inflation on demand-side issues, pointing instead to supply-side shocks and advocating for a more proactive governmental approach to economic management.
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