Writing in Foreign Affairs, Hewlett Foundation Economy and Society Program Director Jennifer Harris reflects on economic paradigms and what’s next for capitalism as the neoliberal consensus breaks down:
But in the breathless politics of recent years, one can discern the outlines of a new brand of democratic capitalism embraced by leaders and thinkers across the political spectrum. Unimaginatively dubbed “post-neoliberalism” by many, it offers an array of ideas and policies geared toward addressing the power imbalances hardwired into markets, regaining some clarity over what markets can and cannot do, and, not least, revisiting whether present economic arrangements are fundamentally good for Americans and for American society.
