Monday, January 8, 2018

Decline and Fall of Neoliberalism in the Democratic Party

From the late 1980s to 2016, “centrist” neoliberal ideas held hegemonic sway among the Democratic elite. But the economy created by this ideology — and the ensuing crises — is a major reason why Clinton lost to Trump and the party is completely out of power today. This obvious failure has provided an ideological opening that the American left has been eager to fill.

Now Democrats must decide how to move forward. Should it follow Elizabeth Warren's lead and promise a return to the trust-busting ways of the early 20th century? Or should it emulate the more sweeping, Nordic-style politics of Bernie Sanders? Or perhaps the Democratic Socialists of America are right and something even more extreme is needed. The Week is publishing a four-part series to examine the Democratic Party‘s failures and analyze the potential for Democrats to transform the country.

Click Here to read part one of The Week’s four part series:

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