The End of the Neoliberal Order and the Prospects for Reconstruction

This article provides an in-depth analysis of the evolution of political and economic systems, focusing on the twilight of the neoliberal era. Drawing inspiration from the work of Gary Gerstle, the author traces the transition from the stability of the New Deal to the contemporary state of 'interregnum.' The text examines how phenomena such as stagflation, globalization, and elite hubris have led to the erosion of the previous order. It also examines the rise of populist movements and the transformation of the role of the state, which, in the face of post-pandemic challenges, is moving toward new models of interventionism and strategic sovereignty. This is essential reading for those seeking to understand the mechanisms shaping contemporary capitalism and the impending changes in the structure of power and the global economy.