The Rise and Fall of the Neoliberal Order with Gary Gerstle

The Lincoln Project

Society & Culture, Daily News, News, Politics

4.7 • 8.4K Ratings

🗓️ 29 July 2022

⏱️ 51 minutes

🔗️ Recording | iTunes | RSS

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Summary

Host Reed Galen is joined by Gary Gerstle, the Professor Emeritus and Director of Research in American History at Sidney Sussex College at the University of Cambridge. They discuss how the New Deal and its subsequent political order influenced American government throughout the Cold War, how the fall of communism gave way to mostly unfettered capitalism and the subsequent neoliberal order, and how this neoliberal order and the political and economic decisions made along the way led us to our present-day circumstance of political polarity and chaos. To hear more from Gary Gerstle, be sure to pick up his latest book, The Rise and Fall of the Neoliberal Order: America and the World in the Free Market Era, available wherever fine books are sold.

Transcript

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0:00.0	Hey, everyone. As we get deeper into 2022, it is time for all of us to do our part, to save
0:06.5	democracy and to show that America can and will stay on that arc of bending history towards justice.
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0:25.0	who can put you to work. Join the union.us. Do your part. And now on with the show.
0:40.0	Welcome back to the Lincoln Project. I'm your host, Rhee Gailan. Today, I'm pleased to be
0:45.4	joined by Gary Gerstle, Professor Emeritus and Director of Research in American History at
0:50.0	Sydney Sussex College at the University of Cambridge. Gary is a historian of 20th century America,
0:56.0	with substantial interest in the late 18th and 19th century. He received his BA from Brown University
1:01.5	in his MA and PhD from Harvard. He's written a fascinating catalog of books, including his
1:06.3	most recent title, The Rise and Fall of the Neal Liberal Order, America and the World in the
1:11.1	Free Market Era. Available wherever fine books are sold. Today, he is coming to us from, I think,
1:17.3	Blazing, Cambridge, England. So, Gary, I hope you're staying cool and welcome to the show.
1:21.6	Well, the heat wave has passed, but yesterday was 103, the hottest day in the history of Britain,
1:27.2	and they, unlike people of Nashville who I used to live among, are not used to it. So, it's good
1:32.0	to be with you. Thank you for having me on your show. Sure. So, today, I want to talk about
1:37.1	what the Neal Liberal Era is. Explain it to me and our listeners, because I think I understand it,
1:42.4	but I want to make sure how it came, how it's gone so fast, as well as the question of how we
1:47.7	as a nation can change our own fate. But first, I want to start with your book, The Rise and Fall
1:52.1	of the Neal Liberal Order. So, let's get into it. So, Gary, in your book, you take us through the
1:56.8	sort of foundation, Rise and the Fall of Neal Liberalism, which is the follow-on sort of political
2:03.8	order, as you call it, to the New Deal. So, we have the Great Depression in the late 1920s, into the
	...

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