March 15, 2021· 58 min

Did We Just Experience a Break in the Neoliberal Consensus?

Skanda Amarnath

Orality

Model

50%

Speaker Breakdown

HostJoe Weisenthal(2,281 words)

M:28%

HostTracy Alloway(1,132 words)

M:28%

GuestSkanda Amarnath(4,230 words)

M:27%

Oral Indicators

Agonistic22%

certainly, basically, very

Engagement57%

you, our, your

Memory Aids100%

listen, like, now

Repetition100%

like (141x), sort (94x), think (88x)

Parallelism92%

And I'm Tracy Alloway...., And the question now is, are w..., And so we seem to be at a mome...

Sound Patterns49%

55 question(s), alliteration: "markets move", alliteration: "barclays brief"

Formulaic Phrases2%

i mean

Literate Indicators

Hedging6%

may, could, maybe

Passive Voice12%

was devised, is scheduled, been overused

Abstract Nouns23%

investment, community, business

Subordination7%

however, because, though

Sentence Length54%

Avg: 18.5 words/sentence

Word Complexity49%

investment, analyze, anticipate

Academic Markers3%

according to

Impersonal Style43%

639 personal pronouns found

Descriptive Style100%

apply, especially, really

Description

For decades, the dominant economic philosophy of the United States has been that fiscal policy should be relatively inert, and that the Fed should be the primary driver of macroeconomic stabilization. But that may be changing. As evidenced by the stimulus deal, the political willingness to use fiscal stimulus in a responsive way appears to be growing. Moreover, the importance and power of fiscal firepower has been accepted by a range of actors, from Senator Bernie Sanders to the U.S. Chamber of Commerce. So are we at the start of a trend break in the neoliberal consensus (whatever that means)? We debated this question with Skanda Amarnath, the head of research at Employ America and Mike Konczal, Director at the Roosevelt Institute and the author of the new book "Freedom from the Market America’s Fight to Liberate Itself from the Grip of the Invisible Hand." See omnystudio.com/listener for privacy information.

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