Part 4/9:
Contrary to the prevailing Keynesian economics, which advocated for government intervention during economic downturns, neoliberalism caught on through policies enacted during the Reagan era. As deregulation and financialization took hold, we began to see a stark increase in economic inequality—a trend illustrated by a jaw-dropping concentration of wealth among the top 1%. By the time Obama took office, the stage was set for a disenchanted populace yearning for change.