Lily Geismer, a historian specializing in the Democratic Party and author of "Left Behind," explains how the Democrats shifted from unionized industries to tech and finance under Clinton's Third Way. Political economist Mark Blyth analyzes the rise and perceived failures of Bidenomics, which aimed to address inequality but faced political backlash. They also discuss the evolving trade policies and the implications of these changes, signaling a departure from the neoliberal consensus that once dominated the party.