Pitchfork Economics with Nick Hanauer

The Quiet Coup: Neoliberalism and the Looting of America (with Mehrsa Baradaran)

Nov 25, 2025
Law professor Mehrsa Baradaran, an expert on banking law and inequality, joins the conversation to discuss the pervasive influence of neoliberalism. She describes how this ideology restructured our legal and political systems, turning them into tools for capital over democracy. Baradaran connects neoliberalism's roots to racial inequality and highlights how it operates like an algorithm, fueling systemic economic disparities. She proposes community-centered investment solutions to combat these entrenched issues, drawing from her own experiences.
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INSIGHT

Neoliberalism As Invisible Worldview

  • Neoliberalism functions as an all-encompassing ideology, not just an economic theory.
  • Mehrsa Baradaran says it shapes how we think, live, and value ourselves like "the matrix."
INSIGHT

Efficiency Replaces Justice In Courts

  • Neoliberalism rewrites legal decision-making to prioritize efficiency over justice.
  • Baradaran explains agencies and judges adopt cost-benefit frameworks that favor capital interests.
INSIGHT

Neoliberalism Is Anti‑Majoritarian

  • Early neoliberal thinkers openly argued democracy threatened elite interests.
  • Baradaran highlights figures who framed taxation and majority rule as threats to elites.
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