Harris, Jennifer M.
The post-neoliberal imperative: Contesting the next economic paradigm - Foreign Affairs - 104(3), May-Jun, 2025: p.94-107
The United States is between scripts. For roughly four decades, the free-market ethos championed by President Ronald Reagan drove economic policy and pervaded American culture. A broad bipartisan consensus assured Americans that the markets knew best: they were not just efficient, but wise and fair. The state, the thinking went, should not encroach on the natural order produced by the churning of free-market forces. And the state did not. Between 1982 and 2015, the market capitalization of all publicly traded companies went from around 35 percent of GDP to roughly 95 percent. The private sector, under what many call “neoliberalism,” boomed.- Reproduced
https://www.foreignaffairs.com/united-states/post-neoliberal-imperative-tariffs-jennifer-harris
The post-neoliberal imperative: Contesting the next economic paradigm - Foreign Affairs - 104(3), May-Jun, 2025: p.94-107
The United States is between scripts. For roughly four decades, the free-market ethos championed by President Ronald Reagan drove economic policy and pervaded American culture. A broad bipartisan consensus assured Americans that the markets knew best: they were not just efficient, but wise and fair. The state, the thinking went, should not encroach on the natural order produced by the churning of free-market forces. And the state did not. Between 1982 and 2015, the market capitalization of all publicly traded companies went from around 35 percent of GDP to roughly 95 percent. The private sector, under what many call “neoliberalism,” boomed.- Reproduced
https://www.foreignaffairs.com/united-states/post-neoliberal-imperative-tariffs-jennifer-harris