How Federal Reserve policies, the recession they triggered, and broader political and economic changes weakened workers’ power and helped usher in an era of extreme inequality.
A string of primary victories by DSA-backed candidates and other progressives—from New York to Michigan to Florida—is giving the Democratic left new leverage while putting its ambitious economic agenda back at the center of the party’s debate.
Pavlina R. Tcherneva is an associate professor of economics at Bard College, a research scholar at the Levy Economics Institute, and author of the forthcoming book, The Case for a Job Guarantee [https