Jacob welcomes economic policy expert Mike Konczal for a wide-ranging conversation on American capitalism, industrial policy, and the evolving role of the state. They explore how the Biden administration’s economic agenda challenges decades of neoliberal orthodoxy, discuss the implications of increased public investment, and examine what it means to have a “pro-worker” economy. Konczal brings deep insight into the politics and pragmatics of economic reform, offering a nuanced look at the shifting landscape of U.S. economic policymaking.

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Timestamps:

(00:00) - Introduction and Guest Introduction

(00:17) - Disclaimer and Encouragement to Listen

(01:13) - Starting the Conversation: Economy and Tariffs

(01:34) - Discussing Richard Rorty and Substack

(04:31) - The 2025 Tax Act: Key Points and Implications

(07:45) - Healthcare Market Rework and Medicaid Cuts

(10:57) - Energy Market Changes and Green Energy

(13:38) - Immigration Policies and ICE Funding

(18:11) - Balancing Criticism with Positive Aspects

(27:15) - Economic Shockwaves and the Republican Party

(27:39) - Market Reactions and Fiscal Policies

(28:30) - Deficit and US Debt Perspectives

(30:14) - Healthcare Cuts and Fiscal Impact

(34:04) - Tariffs and Market Uncertainty

(39:53) - Inflation and Interest Rates

(45:54) - Future Economic Strategies and Affordability

(52:41) - Concluding Thoughts and Future Outlook

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Referenced in the Show:

Mike's Website + Book: https://www.mikekonczal.com/

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Jacob Shapiro Site: jacobshapiro.com

Jacob Shapiro LinkedIn: linkedin.com/in/jacob-l-s-a9337416

Jacob Twitter: x.com/JacobShap

Jacob Shapiro Substack: jashap.substack.com/subscribe

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The Jacob Shapiro Show is produced and edited by Audiographies LLC. More information at audiographies.com

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Jacob Shapiro is a speaker, consultant, author, and researcher covering global politics and affairs, economics, markets, technology, history, and culture. He speaks to audiences of all sizes around the world, helps global multinationals make strategic decisions about political risks and opportunities, and works directly with investors to grow and protect their assets in today’s volatile global environment. His insights help audiences across industries like finance, agriculture, and energy make sense of the world.

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