A Clinton-era centrist Democrat explains why it’s time to give democratic socialists a chance
“The baton rightly passes to our colleagues on our left.”
https://www.vox.com/policy-and-politics/2019/3/4/18246381/democrats-clinton-sanders-left-brad-delong
It is almost certainly a stretch to take one person’s opinion to represent an entire political tendency, but Vox recently published a remarkable interview with Brad DeLong. Brad DeLong is in many ways an archetypical centrist Democrat. He had been a mid-level political appointee in the Clinton administration (Deputy Assistant Secretary for Economic Policy at the U.S. Department of the Treasury) where, according to Wikipedia, he “and Lawrence Summers co-wrote two theoretical papers that were to become critical theoretical underpinnings for the financial deregulation put in place when Summers was Secretary of the Treasury under Bill Clinton.”
Zack Beauchamp
What you’re describing is a broad theory of political economy, in which a vision for what economic policies are best is intertwined with a particular view of what makes policies popular and sustainable. You say something about this is wrong — do you think it’s the political part, the economic part, or both?
What you’re describing is a broad theory of political economy, in which a vision for what economic policies are best is intertwined with a particular view of what makes policies popular and sustainable. You say something about this is wrong — do you think it’s the political part, the economic part, or both?
Brad DeLong
We were certainly wrong, 100 percent, on the politics.
We were certainly wrong, 100 percent, on the politics.
Barack Obama rolls into office with Mitt Romney’s health care policy, with John McCain’s climate policy, with Bill Clinton’s tax policy, and George H.W. Bush’s foreign policy. He’s all these things not because the technocrats in his administration think they’re the best possible policies, but because [White House adviser] David
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