The Quiet Coup
Neoliberalism and the Looting of America
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The Quiet Coup
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Narrated by:
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Seena Ghaznavi
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By:
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Mehrsa Baradaran
About this listen
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 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 (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.
Some have claimed that the neoliberal era is behind us. Baradaran shows that such thinking is misguided. Neoliberalism is a failed economic idea—it doesn't, in fact, create more wealth or more freedom. But it has been successful nevertheless, by seizing the courts and enabling our age of crypto fraud, financial instability, and accelerating inequality. An original account of the forces that have brought us to this dangerous moment in American history, The Quiet Coup reshapes our understanding of the recent past and lights a path toward a better future.
©2024 Mehrsa Baradaran (P)2024 HighBridge, a division of Recorded BooksWhat listeners say about The Quiet Coup
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Overall5 out of 5 stars
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Performance3 out of 5 stars
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Story4 out of 5 stars
- Marion F.S.
- 24-10-24
Essential reading
The “freedom” of markets skews towards the powerful. We've known this for a long time. Oxfam has told us so. But how did we get here? And what can we do to change the trajectory of our civilization? The Quiet Coup focuses on the US but touches on the wider world. Baradaran describes the many decades long push of flimsy economic theories, custom-made laws and regulations that have locked us into our present situation: Unfathomable disparity, lack of trust and a democracy in peril.
If we want to implement democracy, something that we have not - really - done fully, we need to see clearly what has gone wrong.
A great many economists and judges have had a hand in in our societal descent; some unwittingly, many not, while even very well-meaning politicians were caught in this web of economic "blue mist", (a Swedish expression, "blå dunster", that I cannot think of a proper English equivalent of right now).
Towards the end of the book Baradaran mentions how she struggled mightily not to turn the writing into a "me-search". I would love to read the book she edited out of the Quiet Coup.
I cannot recommend the The Quiet Coup: Neoliberalism and the Looting of America highly enough, - along with Baradarans previous books! The author is a clear-eyed, deeply studied, serious scholar that we ignore at our peril.
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