E34 - What comes next? The slow death of the neo-liberal world view

Across the world, the rise of various forms of authoritarianism and ethno-nationalism seems to be on an ever upward trend. This creates huge uncertainties across multiple dimensions – personal, cultural, political, and not least of which in challenges business leaders face as they attempt to navigate across this uncertainty. All of this turmoil is, according to Larry Kramer - the Vice Chancellor and President of the London School of Economics - to be expected. Neo-liberalism, the once dominant political/economic paradigm, is no longer able to explain or order our understandings of our world. This triggers a search for, and creation of, alternatives. If, or until a different liberal paradigm emerges, we are destined to contend with illiberal, authoritarian and often ethno-national alternatives. In this podcast Larry and I discuss the fall of neo-liberalism and the emerging contours of what may come to replace it. How and when this new paradigm emerges and whether it will successfully defeat the existing alternatives is perhaps the most important question we will face in the next decade(s). Larry provides a thoughtful and provocative framework in which to understand these macro trends. Prior to being appointed to lead the LSE, Larry was the President of the Willam and Flora Hewlett Foundation for 12 years. With assets of over $14 billion, the Foundation is one of the largest sources of grants in the USA. Prior to his work at the Foundation, Larry was the Dean of the Stanford Law School and is a world expert in US Constitutional law and the role of judicial review within that system.Not wanting to miss the opportunity to discuss recent shifts in the US Supreme Court with such an expert, at the end of our conversation we discuss these developments as an example of the power of a paradigm shift - the rise of ‘originalism’ as a reaction to the state-led expansion of individual rights – to take on real world consequences. In this context, we discuss the Dobbs decision, the overturning of the Chevron defence and the emerging presidential immunity doctrine.My discussion with Larry reminded me of how fortunate we are at TRIUM to have the LSE as a partner. The depth of analysis and understanding of the macro trends affecting the environment in which business operates continues to be a unique selling point of our EMBA. Enjoy the show!CitationsOperation Mincemeat by Cummings, D. Hodgson N. and Roberts Z. at the New Diorama Theatre,London.A Picture of Dorian Gray by Oscar Wilde and adapted by Kip Williams, with Sarah Snook at the Theatre Royal Haymarket, London.Labatut B. (2024) The Maniac. Pushkin Press. Hosted on Acast. See acast.com/privacy for more information.

Om Podcasten

I am lucky. As part of the TRIUM Global EMBA team, I get to interact with some of the most interesting and informed people on the planet. This is never more true than in the conversations I have at the margins of the official program – exchanges with people who enrich, educate and entertain. TRIUM Connects seeks to reproduce those moments in a series of recorded conversations on topics from the worlds of business, economics, leadership and political economy. I hope the podcast gives people a ‘taste’ of what make the TRIUM experience so special and lets me share a little of my luck! – Matt Mulford— Disclaimer: The views expressed in this podcast are solely those of the host and his guests and do not necessarily represent those of the TRIUM Global EMBA program or its three alliance schools (NYU Stern, the LSE, or HEC Paris). The content herein is intended solely for the entertainment of the listener and the host and should not be relied upon in making any decisions. Hosted on Acast. See acast.com/privacy for more information.