“The Squad,” Part 2: From Obama to Bernie, a Crisis and a Crossroads
Dec 8, 2023
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Explore the impact of the 2008 financial crisis and Obama's presidency. Learn about the rise of the Squad, including Alexandria Ocasio-Cortez and the Black Lives Matter movement. Dive into the dynamics of the 2016 Democratic primary race between Sanders and Clinton.
The 2008 economic crisis and the slow recovery under Barack Obama fueled a populist backlash and brought issues of wealth and income inequality into the national political conversation.
The emergence of movements like Occupy Wall Street, the Movement for Black Lives, and climate activism among young people set the stage for the rise of progressive voices like Bernie Sanders and the Squad within the Democratic Party.
Deep dives
The Great Financial Crisis and Obama's Presidency
The podcast explores how the great financial crisis of 2008 shaped the United States and the response of President Barack Obama and the Democratic Party. The crisis led to the collapse of Wall Street banks, the foreclosure crisis, and the subsequent economic recession. It examines how the Obama administration and Chief of Staff Rahm Emanuel dealt with a conservative democratic majority in Congress, the challenges they faced in enacting their agenda, and the criticism they received for their handling of the crisis.
Alexandria Ocasio-Cortez and the Impact of the Financial Crisis
The podcast discusses the personal impact of the financial crisis on Alexandria Ocasio-Cortez. It highlights how she experienced the housing collapse and struggled with her family's financial hardships, including losing their home and her father passing away. It describes her involvement in politics, including her support for Barack Obama and her political awakening during the Occupy Wall Street movement.
The Rise of Black Lives Matter and Changing Cultural Landscape
The podcast explores the emergence of the Black Lives Matter movement and its impact on the cultural and political landscape. It discusses the high-profile cases of police brutality, including the deaths of Trayvon Martin, Eric Garner, and Michael Brown. It highlights the activism and protests that followed these incidents and how they influenced the national conversation on race, policing, and social justice.
Progressive Populism and the Changing Democratic Party
The podcast examines the rise of progressive populism within the Democratic Party. It discusses Bernie Sanders' presidential campaign and his influence on the party's platform, particularly around issues of income inequality, Wall Street reform, and healthcare. It also discusses Elizabeth Warren's role in shaping antitrust policy and her efforts to challenge concentrated corporate power. The podcast explores how these progressive voices have reshaped the Democratic Party and pushed it in a more populist direction.
The 2008 economic crisis changed the world. In the United States, the meager response by Barack Obama and the Democratic Party produced a recovery that was far too slow, drove an eviction crisis, and fueled a populist backlash. On the left, it took the form of Occupy Wall Street, which put the problem of wealth and income inequality — the 99 percent versus the 1 percent — into the national political conversation for the first time since the Great Depression. Followed a few years later by the Movement for Black Lives and an upsurge of climate activism, the new radical energy among young people prepped the ground for the first Bernie Sanders campaign. In 2016, the Vermont senator came shockingly close to the presidential nomination, but as he faded, a chunk of his staff that focused on organizing grassroots supporters decided to quit and try something new: They would recruit and support Bernie-style populists and take over the House. On this episode of Deconstructed, Ryan Grim brings us another audio documentary, adapted from an excerpt of his newest book, “The Squad: AOC and the Hope of a Political Revolution.” This episode chronicles the 2008 economic crisis, Obama’s election, and zeroes in on how individual members of the Squad became politicized. Thanks to Macmillan Audio for the excerpt.
You can find Grim's book here: https://us.macmillan.com/books/9781250869074/thesquad
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