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The Realignment

555 | Gary Gerstle & Noam Maggor: The Realignment, Post-Neoliberalism, and the Birth of a New Political Order

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

🗓️ 29 May 2025

⏱️ 73 minutes

🧾️ Download transcript

Summary

Historians Gary Gerstle and Noam Maggor, organizers of the Beyond Neoliberalism conference, join The Realignment. Marshall, Noam, and Gary discuss the origins and aims of their conference, why conversations about post-neoliberalism aren't just about wonky, academic jargon, the rise and fall of the New Deal and Neoliberal political orders, why 1990s neoliberal thinking no longer helps us think through today's challenges, the false starts and stops of the post-2016 realignment era, and what a post-neoliberal political order could look like.

Transcript

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0:00.0

Marshall here. Welcome back to the realignment. For the past few years, the realignment has been

0:04.9

supported by the Hewell Foundation's Economy and Society Initiative, specifically because I've

0:09.8

explored the ways that the right and left have evolved after President Trump's realignment

0:14.7

of American politics in 2016. A lot of these ideas fall under the banner of post-neoliberalism.

0:21.6

I've covered post-neoliberalism a bunch on this show, but I've never really felt satisfied

0:26.6

by my efforts to explain why post-neoliberalism isn't just a wonky academic jargon term,

0:32.6

irrelevant to people trying to make their way through this moment.

0:36.6

So I was really pumped to learn

0:39.3

about a Hewitt-sponsored conference called Beyond Neoliberalism in the UK, put on by Professor

0:44.6

Gary Gersel of Cambridge University and Noam McGar of Queen Mary University in London.

0:51.0

Today I'm interviewing Gary and Noam about their conference and the broader post-neoliberal

0:55.9

project. Over the next two months, I'm going to feature content from the conference and

1:00.2

interview some of the featured speakers to really build out and make this important space legible

1:06.7

for everyone. Gary literally wrote the book on this topic, The Rise and Fall of the Neoliberal

1:12.2

Order, America, and the World in the Free Market era. So he's been on my booking list for a long time.

1:19.8

So before we dive in then, I want to sum up my editorial POV on this topic, really building on

1:26.1

Gary's writing. Over the past century, there were two specific

1:29.7

political orders. From the 1930s, under FDR, to the late 1970s, we lived under the New Deal order.

1:38.9

When President Eisenhower came into office and accepted New Deal programs like Social Security, he solidified

1:45.9

the era's pro-government consensus. By the late 70s, though, as I mentioned, the New Deal

1:51.0

Order broke down, leading to the rise of Ronald Reagan, who took the country in a more market-friendly

1:57.9

and government-sceptical direction, aka neoliberalism.

...

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