Biden's Neo-Populist Economic Doctrine

The paradox is that the "Biden doctrine" has more in common with Trump's policies than with those of Barack Obama's administration, in which the current president previously served. The neo-populist doctrine that emerged under Trump is now taking full form under Biden, marking a sharp break from the neoliberal creed followed by every president from Bill Clinton to Obama. Trump ran as a populist - commiserating with left-behind white blue-collar workers - but governed more like a plutocrat, cutting corporate taxes and further weakening the power of labor vis-à -vis capital. Nonetheless, his agenda did contain some truly populist elements, particularly…