A New Political Order Emerges

US historian Gary Gerstle explains how globalization helped entrench neoliberalism while also bringing about its demise

Some moments in US history need decades to be fully grasped—they aren’t bound by the two-, four-, and six-year election cycles. Such periods, called “political orders” by US historian and Cambridge professor of American history Gary Gerstle, author of The Rise and Fall of the Neoliberal Order, are a new way of rethinking political time. The New Deal and the neoliberalism that followed were political orders that shaped US policy—and greatly influenced the global order—from the 1930s to the 2010s.

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Πηγή: imf.org