Daily Archives: May 11, 2024

Book Bits: 11 May 2024

The Quiet Coup: Neoliberalism and the Looting of America
Mehrsa Baradaran
Summary via publisher (W.W. Norton)
With the nation lurching from one crisis to the next, many Americans believe that something fundamental has gone wrong. Why aren’t college graduates able to achieve financial security? Why is government completely inept in the face of natural disasters? And why do pundits tell us that the economy is strong even though the majority of Americans can barely make ends meet? In The Quiet Coup, Mehrsa Baradaran, one of our leading public intellectuals, argues that the system is in fact rigged toward the powerful, though it wasn’t the work of evil puppet masters behind the curtain. Rather, the rigging was carried out by hundreds of (mostly) law-abiding lawyers, judges, regulators, policy makers, and lobbyists. Adherents of a market-centered doctrine called neoliberalism, these individuals, over the course of decades, worked to transform the nation—and succeeded.

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