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Podcast: In Conversation: An OUP Podcast
Episode: Gary Gerstle, "The Rise and Fall of the Neoliberal Order: America and the World in the Free Market Era" (Oxford UP, 2022)
Description: The epochal shift toward neoliberalism–– a web of related policies that, broadly speaking, reduced the footprint of government in society and reassigned economic power to private market forces-that began in the United States and Great Britain in the late 1970s fundamentally changed the world. Today, the word neoliberal is often used to condemn a broad swath of policies, from prizing free-market principles over people to advancing privatization programs in developing nations around the world.To be sure, neoliberalism has contributed to a number of alarming trends, not least of which has been a massive growth in income inequality. Yet as the...