Larry Kramer, President of the William and Flora Hewlett Foundation, joins The Realignment. Larry and Marshall discuss why the Neoliberal approach is unable to address the economic challenges of the 2020s, what a post-neoliberal paradigm could look like, where the political right and left can and cannot find common ground, shifting definitions of capitalism, and how a society's interpretation of what constitutes "common sense" when it comes to the economy shifts over time.
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0:00 - Introduction
0:47 - Neoliberalism & its faults
9:03 - Resiliency of neoliberal paradigm
13:55 - Foreign policy
16:49 - Political coalitions
18:26 - Ethnonationalism
21:53 - How do new economic paradigms spread?
24:40 - Advice for leaders
28:42 - Meritocracy
34:03 - Capitalism
38:55 - Looking to history
42:20 - Advice for the future