In the past decade, liberalism has taken a beating from both sides of the political spectrum. Its critics to the left view its measured gradualism as incommensurate to the present’s multiple emergencies: climate change, inequality, the rise of an ethno-nationalist right. Conservatives, by contrast, paint liberalism as a cultural leviathan that has... See more

However, since the global financial crisis of 2008 people all over the world have become increasingly disillusioned with the liberal story. Walls and firewalls are back in vogue. Resistance to immigration and to trade agreements is mounting. Ostensibly democratic governments undermine the independence of the judiciary system, restrict the freedom

... See more

the failure of “neoliberal” approaches to economic policy and global governance.

Instead of quoting from Brad’s posts, I’ll try to summarize his case. Basically, he argues that leaving everything to the market after 1970 resulted in a number of crises:

• Leaving energy to the market resulted in global warming


• Leaving trade and industrial policy to the

... See more