Summary

This episode explores the origins and impact of neoliberalism, tracing its development from the 1970s to today. It discusses economic shifts, policy changes, and their effects on democracy, inequality, and global stability.

Keywords

neoliberalism, economic history, globalization, social democracy, financial crises, inequality, capitalism, political economy

Key topics

Origins of neoliberalism in the 1970s

End of Bretton Woods and post-war growth

Shift from social democracy to neoliberal policies

Impact on inequality and social welfare

Global financial crises and economic instability

Chapters

00:00 Introduction to Neoliberalism

01:33 The Origins of Neoliberalism

03:57 The Breakdown of Bretton Woods

10:12 The Rise of Financialization

13:08 The End of the Post-War Growth Boom

19:06 The Neoliberal Turn Begins

20:31 Undermining Social Democracy

28:37 Neoliberalism's Global Spread

31:16 The End of Communism and Its Impact

32:24 The Economic Landscape of Eastern Europe

39:04 The Divergent Paths of Russia and China

43:09 The Rise of Neoliberalism

55:58 The Social Crisis in America

01:01:00 Political Blame and the Scapegoating of Immigrants

Resources

Neoliberalism: A Very Short Introduction by David Harvey - https://www.amazon.com/Neoliberalism-Very-Short-Introduction-Harvey/dp/0198854984

The Shock Doctrine by Naomi Klein - https://www.amazon.com/Shock-Doctrine-Disaster-Capitalism-Rise/dp/0312427997

Bretton Woods System Overview - https://www.imf.org/external/about/histcoop.htm

Gorbachev and the End of the Cold War - https://www.britannica.com/biography/Mikhail-Gorbachev

The Rise of Financialization by Thomas Philippon - https://www.nber.org/papers/w23244

Piketty, Capital in the Twenty-First Century - https://www.amazon.com/Capital-Twenty-First-Century-Thomas-Piketty/dp/0674979850

This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit moralrevolution.substack.com