David talks to historian Meg Jacobs about how the 1970s changed everything for America’s understanding of its place in the global economy. How did first the Nixon Shock and then the Oil Shock reshape American politics? Why did America’s politicians respond to these shocks not with tariffs or sabre-rattling but with calls to national self-sacrifice? Did anyone heed those calls? And what lessons did Donald Trump draw from America’s crisis decade?

The latest edition of our free fortnightly newsletter is out now with guides, insights and clips to accompany this series, plus David writes about whether Nigel Farage really spells the end of two-party politics in the UK. It’s easy to sign up https://www.ppfideas.com/newsletters

Next time on Ideas of Globalisation: What’s Gone Wrong? w/Dani Rodrik

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