The Rise and Fall of the Neoliberal Order

Abstract The Rise and Fall of the Neoliberal Order analyses the history of a political order that emerged in the United States in the 1970s and 1980s, dominated American politics in the 1990s and 2000s, and fractured during the 2010s when Donald Trump and Bernie Sanders rose to prominence. Its power was built on an array of donors, policy entrepreneurs, and politicians that coalesced under Reagan. That coalition overturned the regulatory regime and ideological hegemony of New Deal order that had dominated American politics for forty years and made neoliberalism America’s dominant creed of political economy. The book argues that neoliberalism is a better term than conservatism for understanding the politics of…