The U.S. Is Lagging Behind Many Rich Countries. These Charts Show Why.

The United States is different. In nearly every other high-income country, people have both become richer over the last three decades and been able to enjoy substantially longer lifespans. But not in the United States. Even as average incomes have risen, much of the economic gains have gone to the affluent — and life expectancy […]

Democrats are moving past neoliberalism — and to this view instead

It doesn’t require a lot of digging to wonder whether the laissez-faire, free market mantra of the past several decades has worked out as promised: Stock prices and corporate profits have far outpaced wage growth in the United States; lax antitrust enforcement has set the path toward enormous amounts of corporate concentration, often to the […]

How We Got Here and Where We’re Going: Neoliberalism Has Failed, and a New Progressivism Is on the Rise

At a time when corporate profits are sky-high, workers’ wages remain flat, and affordability crises run rampant, many are beginning to understand that the neoliberal ideal has not only failed to deliver shared prosperity but has harmed the collective good and driven us to a second Gilded Age. For four decades, neoliberals have argued that […]

The Faux Scholarship Foundation of the Regulatory Rollback Movement

With the full participation and consent of Congress, President Trump has embarked upon a radical project to freeze and roll back federal regulations that protect public health, safety, the environment, and the economy. The principal justification for this project, publicly announced by both Congress and President Trump, is the claim that regulations are costing the […]

How neoliberalism shapes the global economy and limits the power of democracies.

It is difficult to consider the state of the world in 2018 and not feel a sense of vertigo. Humanity has greater capacity for production than it has ever had before, and simultaneously, the ability to destroy the world many times over. The products we rely on—whether for food, fuel, communication—are woven together in supply […]