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What is neoliberalism? Is it to blame for the crisis of American democracy? In this follow-up episode to What is Neoliberalism?, the historian Nelson Lichtenstein discusses the enormous economic changes that have transformed American capitalism, from free trade to global financialization following the Cold War's final chapter. Rather than "neoliberalism," today's complex problems would seem to need a new lexicon.
Recommended reading:
A Fabulous Failure: The Clinton Presidency and the Transformation of American Capitalism