Focusing on corporate and public power, labor and wages, and the economics of race and gender inequality, the Roosevelt Institute unifies experts, invests in young leaders, and advances progressive policies that bring the legacy of Franklin and Eleanor Roosevelt into the 21st century. [...] The New Industrial Policy and Its Critics After decades of policymakers attempting to minimize the actual or perceived role of the state in the economy, the state is undeniably back as a key actor. [...] In lieu of the latter’s “trickle-down” emphasis on shrinking the public sector and reducing its burden on the rich (in the thinking that this would spur economic growth) (Niskanen 1993), the former “is rooted in the recognition that the best way to grow the economy is from the middle out and the bottom up” (White House 2023a). [...] These perspectives question the role of the state, the nation, the private sector, and the demos (respectively) in industrial policy. [...] The Rise and Fall of the Neoliberal Order: America and the World in the Free Market Era.
- Pages
- 102
- Published in
- United States of America
