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The Realignment

119 | Zachary Carter: How to Reimagine Capitalism

The Realignment

The Realignment

Technology, News Commentary, National Security, Marshall Kosloff, International Relations, News, Public Policy, Economics, Politics, Saager Enjeti, U.s. Politics, Policy

4.82.5K Ratings

🗓️ 22 April 2021

⏱️ 56 minutes

🧾️ Download transcript

Summary

Buy a book using our bookshop link: https://bookshop.org/shop/therealignment Zachary Carter, Writer in Residence at the Omidyar Network and author of The Price of Peace: Money, Democracy, and the Life of John Maynard Keynes, returns to The Realignment to discuss the government response to COVID, how capitalism will and won’t change after the pandemic, and how economic policy debates played out over the past three decades.

Transcript

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0:00.0

Marshall and Saga here, welcome back to the Realignment.

0:03.4

You have these imbalances that are built in into society and the trend there is clearly

0:14.3

not good.

0:15.3

And you know, during the Great Depression, an argument against FDR and the New Deal is

0:19.9

what we need to have some sort of great cleansing moment where this dirty corrupt system

0:25.2

just breaks itself and we build something better.

0:27.3

And you heard that argument goes on the far right and also on the far left at that moment.

0:32.4

And what FDR and the New Deal did, and I think with philosophical backing from Tain's

0:37.6

that he's sort of most ambitious and intellectually exciting, was re-imagined government, not just

0:44.1

capitalists, but re-imagined government in such a way that those, that type of cleansing

0:50.8

that that painful, you know, rip off the bandaid thing or, you know, shoot people in the

0:56.1

liver kind of strategy was not necessary.

1:03.1

Today's episode, we brought Zachary Carter, author of the Price of Peace, Money, Democracy,

1:14.3

and the Life of John Manger came back on the podcast.

1:17.9

The book is now out on paperback.

1:19.7

It came out on 420.

1:21.7

Of course, we had to offer you the episode of With Kevin Sabet to make the holiday,

1:26.6

quote unquote, really specific.

1:28.0

So we decided to push the episode with Zachary Till today.

1:31.4

But there's a lot of great stuff here.

1:32.9

Zach is deeply interested in economic policy.

1:35.8

He's talking about capitalism, which he's also focusing on at the Elmidear Network.

...

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