Gary Gerstle, a historian and author specializing in American political and economic history, shares his insights into the rise and decline of neoliberalism. He explores how its roots intertwine with cultural movements of the 1960s and 70s, and how recent political shifts challenge its principles. Gerstle discusses the rivalry between the U.S. and Soviet economies, the elitist tendencies of neoliberalism on democracy, and the potential for a more equitable 'middle-out' economic framework amid today's crises.

In this engaging conversation, Gary Gerstle, a Professor of American History, dives deep into the U.S. Constitution and its evolving role in modern politics. He discusses the balance of power between federal and state governments and how this dynamic has shifted over time. Gerstle highlights the difficulty of amending the Constitution and the significant changes that have occurred through interpretation instead. He also examines the impact of the Civil War and the tension between 'living constitution' concepts and originalism, shedding light on the complexities of American democracy today.