GM61: The New Politics: Neoliberal Decline and Authoritarian Rise ft. Gary Gerstle

Join Alan Dunne in conversation with Gary Gerstle, Professor of American History at the University of Cambridge and author of "The Rise and Fall of The Neoliberal Order", as they delve into the shifting landscape of the global political order. From the decline of the New Deal Order to the ramifications of the Global Financial Crisis, Gary traces the trajectory of the Neoliberal Order and its impact on contemporary society. Exploring the nuances of Bidenomics, they analyse the sustainability of current fiscal and industrial policies amidst rising inequality and geopolitical tensions. Gary shares insights on the potential rise of authoritarianism worldwide, the implications of protectionism, and the prospect of increased antitrust activism in the US. Finally, they turn their attention to the upcoming US presidential elections, examining the contenders and the pivotal factors that could shape the outcome.

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Episode TimeStamps:

02:26 - Introduction to Garry Gerstle

05:50 - Understanding political order and neoliberalism

12:04 - How important are the economic principles in dismantling the neoliberal order?

20:06 - What will drive the new political order?

29:01 - How the West's approach to China has changed

36:19 - Do banks have too much power?

43:34 - Is the U.S deficit a constraint going forward?

47:24 - The 4...