From Rubinomics to Bidenomics: On the Democratic Party’s Shifting Trade & Industrial Policy

From Rubinomics to Bidenomics: On the Democratic Party’s Shifting Trade & Industrial Policy

This is episode two Cited Podcast’s new season, the Use & Abuse of Economic Expertise. This season tells stories of the political and scholarly battles behind the economic ideas that shape our world. For a full list of credits, and for the rest of the episodes, visit the series page. This episode looks at shifting landscape of economic thinking within the Democratic Party. First, historian Lily Geismer, author of Left Behind: The Democrats’ Failed Attempt to Solve Inequality, tells us the story of how the Democrats became captured by the Clintonian ‘Third Way.’ The Third Way argued that economic policy should move away from the sunset industries, like the unionized industrial labour that typically made the Democratic base, and move towards the sunrise industries of tech and finance. Then, the Biden team came to see this thinking as precipitating the rise of Trumpism. So free-wheeling trade and industrial policy is out, and the Clinton-era neoliberal consensus just is not a consensus anymore–some even claim neoliberalism is dead. Bidenomics replaced it, whatever that is. Yet, Bidenomics was a political dud, and now it looks like it might be on the way out. Where is the US’ economic policy thinking going on November 5th, and beyond? We try to figure that out, with the help of political economist Mark Blyth, author of the forthcoming Inflation: A Guide for Users and Losers. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/political-science

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Alex Diamond, "Governing the Excluded: Rural Livelihoods Beyond Coca in Colombia's Peace Laboratory" (U Chicago Press, 2026)

Alex Diamond, "Governing the Excluded: Rural Livelihoods Beyond Coca in Colombia's Peace Laboratory" (U Chicago Press, 2026)

The Colombian village of Briceño might, at first glimpse, look like many communities in the rural Global South. Many of the people living there rely on small-scale farming, even as a newly constructed...

6 Huhti 1h 4min

Ho-fung Hung, "The China Question: Eight Centuries of Fantasy and Fear" (Cambridge UP, 2026)

Ho-fung Hung, "The China Question: Eight Centuries of Fantasy and Fear" (Cambridge UP, 2026)

"The contempt and naive idealization of China are two sides of the same coin. The latter cannot be an antidote to the former." So argues Ho-Fung Hung in the conclusion of The China Question: Eight Ce...

6 Huhti 1h 12min

Stephen Onyango Ouma, "Africa Unbound: Decolonial Pathways to Sovereignty and Liberation" (Brill, 2026)

Stephen Onyango Ouma, "Africa Unbound: Decolonial Pathways to Sovereignty and Liberation" (Brill, 2026)

I had a substantive conversation with Dr. Stephen Onyango Ouma, author of Africa Unbound: Decolonial Pathways to Sovereignty and Liberation (Brill, 2026). He explained that, despite achieving politic...

5 Huhti 1h 7min

Marta Lorimer, "Europe As Ideological Resource: European Integration and Far Right Legitimation in France and Italy" (Oxford UP, 2024)

Marta Lorimer, "Europe As Ideological Resource: European Integration and Far Right Legitimation in France and Italy" (Oxford UP, 2024)

How did the far right go from illegitimate fringe to contender for public office, and did Europe have anything to do with it? Europe As Ideological Resource: European Integration and Far Right Legitim...

5 Huhti 37min

Hilary Matfess, "After Liberation: Women and the Politics of Expectations in Rebel-to-Party Transitions" (Stanford UP, 2026)

Hilary Matfess, "After Liberation: Women and the Politics of Expectations in Rebel-to-Party Transitions" (Stanford UP, 2026)

War offers opportunities for women to liberate their communities and build a better life for themselves. When women join rebel groups, they often take on new roles, cultivate new social networks, and ...

5 Huhti 52min

The Gen Z Revolution in Bangladesh and Its Fallout

The Gen Z Revolution in Bangladesh and Its Fallout

What role did Gen Z play in the popular uprising that led to the fall of the Sheikh Hasina regime in the summer of 2024? And what marks have the uprising left on democratic politics in Bangladesh? We ...

2 Huhti 34min

Mark Pennington, "Foucault and Liberal Political Economy: Power, Knowledge, and Freedom" (Oxford UP, 2025)

Mark Pennington, "Foucault and Liberal Political Economy: Power, Knowledge, and Freedom" (Oxford UP, 2025)

Foucault and Liberal Political Economy: Power, Knowledge, and Freedom by Mark Pennington This highly original and innovative book is the first to comprehensively engage the ideas of the French social...

30 Maalis 58min

Mark Hlavacik, "Willing Warriors: A New History of the Education Culture Wars" (U Chicago Press, 2025)

Mark Hlavacik, "Willing Warriors: A New History of the Education Culture Wars" (U Chicago Press, 2025)

How the rise of the culture wars afflicts the politics of education.  On August 9, 2022, the Denton Independent School District held a meeting to address complaints about its libraries. Like so many ...

28 Maalis 29min

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