It’s been 15 years since the 2008 financial meltdown plunged America into the Great Recession. Our economy has bounced back, but the populist fury the crisis ignited has yet to burn itself out.
It manifests itself on the far left and right as general hostility to big business and, more recently, to Big Tech in particular. Fortunately, the populists’ reckless drive to break up America’s most innovative and globally competitive enterprises seems to be sputtering.
That could prove liberating for Democrats, who will never outcompete rightwing demagogues when it comes to stoking economic grievances. Instead, Democrats need a post-populist economics that inspires hope in America’s ability to innovate rapidly, generate abundant growth and opportunity and outpace China in the race to master frontier technologies.
