The Jacob Shapiro Podcast Our Post-Neoliberal Moment (w/ Mike Konczal)
Jul 11, 2025
Mike Konczal, Senior Director of Policy and Research at the Economic Security Project, dives into the shifting dynamics of American capitalism. He discusses how the Biden administration's agenda is reshaping neoliberal norms and highlights the implications of increased public investment. Konczal critiques the 2025 Tax Act, focusing on its cuts to Medicaid and food assistance. They also explore the role of green energy policies in economic competitiveness, immigration policy dynamics, and the overall impact of fiscal strategies on market stability.
AI Snips
Chapters
Books
Transcript
Episode notes
Green energy setback in the bill
- The bill repeals green tax credits, increasing energy costs and slowing green energy progress.
- The U.S. risks losing leadership in green industries to countries like China.
Immigration enforcement expansion dangers
- Bill expands ICE budget to levels surpassing some national militaries, funding expansive detention centers.
- Increased deportations target immigrants broadly, not focused on violent criminals or gangs.
Child tax credit's immigrant exclusion
- The child tax credit expands but excludes children with two undocumented immigrant parents.
- This exclusion is seen as cruel and undermines the credit's benefit for children in poverty.
