Branko Milanovic on What Comes After Globalization
Summary
Hosts Joe Weisenthal and Tracy Alloway interview economist Branko Milanovic about his new book, *The Great Global Transformation*. They discuss the shift from neoliberal globalization to "national market liberalism," the rise of China, and the emergence of a new elite class called *homo plautia*. Milanovic analyzes how Western economies are adapting to this new geopolitical and economic order.
Topics discussed
Sponsors: Optum AI, Michigan, and Bloomberg Media
Intro: Elite status anxiety and domestic politics
Guest intro: Branko Milanovic and his new book
Defining national economic liberalism vs neoliberalism
China's rise, relative gains, and Western elites
Sponsors: 4imprint, Public.com, and LinkedIn
The elephant chart and the end of neoliberal consensus
China's political economy and soft power limits
The rise of the professional-managerial class
Chinese elites and the new capitalist class
Great power conflict and European economic decline
China's manufacturing dominance and security risks
Inequality, pedagogical taxes, and Trump's base
Outro: Wealth inheritance and show credits
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