2854 - The Rise and Fall of Neoliberalism, & A Vision of What's Next w/ Gary Gerstle

Sam and Emma host Gary Gerstle, Professor of American History at the University of Cambridge, to discuss his recent book The Rise and Fall of the Neoliberal Order: America and the World in the Free Market Era. First, Emma and Sam dive into the continued rise of mass shootings over this weekend, the Uvalde Police’s continually changing story, Dr. Oz’s victory in the PA GOP Senate Primary, and Elon suddenly scrapping his Twitter deal after finding out about Twitter BOTS, but definitely not his crashing Tesla stock. They’re then joined by Professor Gerstle as they work through the concept of political orders as these prolonged eras of dominant ideologies, with the two that he largely covers being the New Deal political order, lasting from FDR’s reign up until the ‘60s or so, and the Neoliberal Order, burgeoning in the ‘70s and lasting up until the end of Obama’s presidency, looking at these two orders in contrast, with the former compelling the right to assimilate into a democratic socialist ideology, and the latter seeing a Clinton-lead democratic party assimilating into corporate liberalism and deregulation. Next, they get into the factors that drive the emergence of new orders, starting as a modest movement of political organizations and actors, before networks of donors, constituents, think tanks, and policy networks and political actors arise around it as it proves itself as a viable political system. They then look to the crises that left the vacuum for these orders to step in, with the 1930s Great Depression marking the largest capitalist crisis in US History, and the ‘70s recession occurring alongside rising racial tensions, US imperialism, and a reemergence of international industrial competitors seeing US Capital suddenly threatened from all sides. Sam, Emma, and Professor Gerstle then walk through the evolution of political orders and how one took issue and influence from its priors, first looking to FDR’s desire to create a new form of liberalism, one that puts everyday Americans in a position to actually enjoy their freedom, before Freidman and Hayek come around and reject his appropriation of liberalism, but still looking to government as a corporate facilitator, particularly with the role of the military in ensuring the safety and freedom of markets worldwide. After covering the role of the fall of the USSR and Clinton’s assimilation to neoliberalism, Sam, Emma, and Professor Gerstle walk through our contemporary moment as the neoliberal order stalls, and the difference between a fight between a far-right and a progressive left and the single-camp transitions of previous orders. And in the Fun Half: Sam and Emma discuss Dr. Jill Biden’s unveiling of a new Nancy Pelosi stamp, just as pride month starts, in an unfortunate moment of institutional fetishization, Dave Rubin obsesses over Elon Musk fighting to get his workers back to work, before inquiring about who died and left COVID in charge. Sam and Emma discuss the original rise of TERFism in England, cover the Ohio GOP’s new bill requiring genital inspections of young girl athletes, a Wisconsin high school gets bomb threats for trying to teach their students to respect queer people, Miles from LI talks the evolution of “based,” and Louie Gohmert comes to the defense of the Right’s right to lie right to the Government. Plus, your calls and IMs! Check out Gary's book here: https://global.oup.com/academic/product/the-rise-and-fall-of-the-neoliberal-order-9780197519646?cc=us&lang=en& Become a member at JoinTheMajorityReport.com: https://fans.fm/majority/join Subscribe to the AMQuickie newsletter here:  https://madmimi.com/signups/170390/join Join the Majority Report Discord! http://majoritydiscord.com/ Get all your MR merch at our store: https://shop.majorityreportradio.com/ Check out today’s sponsors: Ritual: We deserve to know what we're putting in our bodies and why. Ritual’s clean, vegan-friendly multivitamin is formulated with high-quality nutrients in bioavailable forms your body can actually use. Get key nutrients without the B.S. Ritual is offering my listeners ten percent off during your first three months. Visit https://ritual.com/?utm_source=arm&utm_medium=podcast&utm_campaign=majority to start your Ritual today. Shopify: Scaling your business is a journey of endless possibility. Shopify is here to help, with tools and resources that make it easy for any business to succeed from down the street to around the globe. Shopify powers over 1.7 million businesses - from first-sale to full-scale. Shopify gives entrepreneurs the resources once reserved for big business - so upstarts, start-ups, and established businesses alike can sell everywhere, synchronize online and in-person sales, and effortlessly stay informed. Go to https://www.shopify.com/free-trial?utm_campaign=paid_audio_-_podcast_-_amer_-_united_states_-_all_-_experimential_-_english_-_awareness&utm_source=podcast&utm_medium=audio&utm_term=majority, for a FREE fourteen-day trial and get full access to Shopify’s entire suite of features! LiquidIV: Cooler weather makes it easier to miss signs of dehydration like overheating or perspiration, which means it's even more important to keep your body properly hydrated. Liquid I.V. contains 5 essential vitamins—more Vitamin C than an orange and as much potassium as a banana. Healthier than sugary sports drinks, there are no artificial flavors or preservatives and less sugar than an apple. Grab your favorite Liquid I.V. flavors nationwide at Walmart or you can get 25% off when you go to https://www.liquid-iv.com/ and use code MAJORITYREP at checkout. That’s 25% off ANYTHING you order when you get better hydration today using promo code MAJORITYREP at https://www.liquid-iv.com/. Support the St. Vincent Nurses today! https://action.massnurses.org/we-stand-with-st-vincents-nurses/ Check out Matt’s show, Left Reckoning, on Youtube, and subscribe on Patreon! https://www.patreon.com/leftreckoning Subscribe to Matt’s other show Literary Hangover on Patreon! https://www.patreon.com/literaryhangover Check out The Nomiki Show on YouTube. https://www.patreon.com/thenomikishow Check out Matt Binder’s YouTube channel: https://www.youtube.com/mattbinder Subscribe to Brandon’s show The Discourse on Patreon! https://www.patreon.com/ExpandTheDiscourse Check out The Letterhack’s upcoming Kickstarter project for his new graphic novel! https://www.kickstarter.com/projects/milagrocomic/milagro-heroe-de-las-calles Subscribe to Discourse Blog, a newsletter and website for progressive essays and related fun partly run by AM Quickie writer Jack Crosbie. https://discourseblog.com/ Subscribe to AM Quickie writer Corey Pein’s podcast News from Nowhere. https://www.patreon.com/newsfromnowhere  Follow the Majority Report crew on Twitter: @SamSeder @EmmaVigeland @MattBinder @MattLech @BF1nn @BradKAlsop The Majority Report with Sam Seder - https://majorityreportradio.com/