The Realignment

594 | Steve Teles: Hard Lessons for Centrists Trying to Overcome the Mediocrity Challenge + Last Call for Niskanen Summer Institute Applications

7 snips
Feb 17, 2026
Steve Teles, Senior Fellow at the Niskanen Center and political scientist, discusses why moderates struggle in anti‑status‑quo moments. He explores the Captured Economy, how abundance needs credible economics, and lessons from education and housing reform. Short takes on making abundance a practical, consumer‑facing project that builds durable political energy.
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INSIGHT

Inequality Driven By Political Capture

  • Steve Teles argues that much inequality is produced by political capture and blocked competition, not just market forces.
  • Fixing status entrenchment requires plausible economic theory, not only political rhetoric.
ANECDOTE

Dinner Example Of Clear Framing

  • Marshall describes a dinner where abundance proponents immediately framed their projects as anti-status-quo solutions.
  • That framing resonated more than vague claims about caring for human flourishing.
INSIGHT

Abundance As Government Consumerism

  • Abundance should channel anger about government failures into consumer-style demands for functioning public services.
  • It targets people who need government to work and cannot opt into private alternatives.
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