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The Realignment

391 | Larry Kramer: America After Neoliberalism

The Realignment

The Realignment

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

4.82.5K Ratings

🗓️ 27 July 2023

⏱️ 47 minutes

🧾️ Download transcript

Summary

Larry Kramer, President of the William and Flora Hewlett Foundation, joins The Realignment. Larry and Marshall discuss why the Neoliberal approach is unable to address the economic challenges of the 2020s, what a post-neoliberal paradigm could look like, where the political right and left can and cannot find common ground, shifting definitions of capitalism, and how a society's interpretation of what constitutes "common sense" when it comes to the economy shifts over time.

Transcript

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0:00.0

Marshall here. Welcome back to The Realignment.

0:08.0

My guest today is Larry Kramer, president of the William and Flora Hewitt Foundation,

0:12.4

one of the biggest institutions supporting individuals and organizations,

0:16.6

including Fortis Glowder of this podcast,

0:19.0

who are seeking to promote a new economic policy consensus

0:22.4

as we move on from the left and right neo-liberal slash market-oriented approaches

0:27.6

from the 1980s and 1990s.

0:30.2

The term neo-liberalism gets thrown around a lot,

0:33.0

but the use of it to understand it beyond the buzzword is that in the 1980s,

0:37.8

especially in the UK and the United States,

0:41.0

there were a wide variety of issues from stack-flation

0:45.2

to exhaustion of the New Deal and Green Society programs

0:49.4

to globalization in the end of the Cold War,

0:51.8

combined with the Democratic Party of Bill Quentin,

0:54.8

coming to power by rejecting government and declaring the era of big government itself

0:59.4

was over.

1:00.6

Not all of the economic policies or political approaches were wrong on their merits

1:06.2

or indefensible today.

1:08.2

Instead, the key takeaway is these are not the proper approaches

1:12.2

or frame slash paradigms for approaching the challenges we face

1:16.0

in the year 2023,

1:18.8

and that we spend a lot of time covering on this show.

...

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