Miguel Afonso Caetano<p>"[G]iven the post-neoliberal thrust of much Biden economic policy, why did Trump and the GOP end up walloping Democrats in last year’s election, especially among working-class voters? Khan’s answer, in short, is that the Bidenites didn’t have enough time.</p><p>“There’s no secret that people were very concerned about cost of living,” Khan says, by way of explaining Kamala Harris’s failure. “Initially, there was a surge in pricing during the pandemic, because there were legitimate supply-chain issues. As those supply-chain issues got resolved, prices didn’t come down as quickly. We have seen companies be quite open about how, be it the supply chain issues, be it tariffs, these can be very useful covers for inflating prices.”</p><p>Neoliberalism, she says, was too entrenched for post-neoliberalism to overcome in short order: “Big picture, the [Biden] administration in a whole bunch of economic domains really did break with the 40-year Reagan-Bush-Clinton neoliberal playbook…. But at the end of the day, you’re going to need more than four years to fully undo the destruction of that 40-year regime.”"</p><p><a href="https://unherd.com/2025/08/lina-khan-woke-and-anti-woke-are-tools-of-big-business/" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">unherd.com/2025/08/lina-khan-w</span><span class="invisible">oke-and-anti-woke-are-tools-of-big-business/</span></a></p><p><a href="https://tldr.nettime.org/tags/USA" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>USA</span></a> <a href="https://tldr.nettime.org/tags/FTC" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>FTC</span></a> <a href="https://tldr.nettime.org/tags/Antitrust" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Antitrust</span></a> <a href="https://tldr.nettime.org/tags/Monopolies" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Monopolies</span></a> <a href="https://tldr.nettime.org/tags/Competition" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Competition</span></a> <a href="https://tldr.nettime.org/tags/Oligopolies" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Oligopolies</span></a> <a href="https://tldr.nettime.org/tags/PoliticalEconomy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PoliticalEconomy</span></a> <a href="https://tldr.nettime.org/tags/Neoliberalism" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Neoliberalism</span></a></p>