Ideas of Globalisation: The Crisis of the 1970s (and Trump!)
David talks to historian Meg Jacobs about how the 1970s changed everything for America’s understanding of its place in the global economy. How did first the Nixon Shock and then the Oil Shock reshape American politics? Why did America’s politicians respond to these shocks not with tariffs or sabre-rattling but with calls to national self-sacrifice? Did anyone heed those calls? And what lessons did Donald Trump draw from America’s crisis decade?
The latest edition of our free fortnightly newsletter is out now with guides, insights and clips to accompany this series, plus David writes about whether Nigel Farage really spells the end of two-party politics in the UK. It’s easy to sign up https://www.ppfideas.com/newsletters
Next time on Ideas of Globalisation: What’s Gone Wrong? w/Dani Rodrik
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1:04:18
Ideas of Globalisation: Central Banks vs the People (and Trump!)
Today David talks to political and economic theorist Leah Downey about the role that central banks in general – and the Federal Reserve in particular – have played in the story of globalisation. How has the Fed tried to reconcile its obligations to American democracy with its obligations to the global order? Is the Eurodollar a token of American strength or American vulnerability? Are the world’s central bankers really just a private club? And what does history tell us about the likely outcome of Trump vs Powell?
The latest edition of our free fortnightly newsletter is out tomorrow with guides, insights and clips to accompany this series, plus David writes about whether Nigel Farage really spells the end of two-party politics in the UK. Sign up now https://www.ppfideas.com/newsletters
Next time on Ideas of Globalisation: The Crisis of the 1970s (and Trump!)
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56:53
Ideas of Globalisation: Hoover and Smoot-Hawley (and Trump!)
David talks to historian Gary Gerstle about the last time the Republican party got caught up in a tariffs disaster and how it changed American politics. The Smoot-Hawley Act of 1930 brought tariffs back and helped bring down both the Republican Party and the global economy. Why didn’t Hoover stop it? What did the fiasco reveal about the limits of presidential power back then? And what does it suggest about the limits of presidential power today?
Next time on Ideas of Globalisation: Central Banks vs the People (and Trump!)
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1:02:00
Ideas of Globalisation: Chamberlain and the Tariff Wars (and Trump!)
Today we explore the explosive fight over tariffs that took place in Britain in the first decade of the twentieth century. David talks to historian Robert Saunders about how Joseph Chamberlain made tariff reform a great popular cause and how it nearly destroyed his party. Are there parallels with Trump’s tariff wars today? Yes! Are there lessons for Trump’s opponents too? Yes!
Out now on PPF+: Lenin and Trotsky part 2, taking the story on from 1917 to explore civil war, the rise of Stalin and the re-invention of Trotskyism. To get this and all our bonus episodes plus ad-free listening sign up now to PPF+ https://www.ppfideas.com/join-ppf-plus
Next time on Ideas of Globalisation: The Smoot-Hawley disaster (and Trump!)
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58:06
Ideas of Globalisation: Trade, Race and Empire (and Trump!)
We start a new mini-series on the history of ideas of globalisation by exploring how arguments from 150 years ago foreshadow what’s happening with Trump today. David talks to economic historian Marc Palen about the nineteenth-century fight between economic nationalists and the champions of an open economy. Was free trade for everyone or just for white people? Was it possible to be an imperialist and a globalist? What did the socialists want? And who thought that Canada should be annexed by the United States?
Out now on PPF+: Lenin and Trotsky part 2, taking the story on from 1917 to explore civil war, the rise of Stalin and the re-invention of Trotskyism. To get this and all our bonus episodes plus ad-free listening sign up now to PPF+ https://www.ppfideas.com/join-ppf-plus
Next time on Ideas of Globalisation: The Tariff Wars of the 1900s.
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Past Present Future is a bi-weekly History of Ideas podcast with David Runciman, host and creator of Talking Politics, exploring the history of ideas from politics to philosophy, culture to technology. David talks to historians, novelists, scientists and many others about where the most interesting ideas come from, what they mean, and why they matter.
Ideas from the past, questions about the present, shaping the future.
New episodes every Thursday and Sunday.
New Zealand