K. Sabeel Rahman in the Boston Review:
Senior Biden administration leaders have self-consciously styled Biden’s approach as a move away from the neoliberal presumptions of the Washington Consensus. This approach signals a major shift from decades of economic policy, with massive new public investment in infrastructure and green energy, a commitment to worker empowerment, and policies to promote competition and limit unhealthy concentrations of power in the market. It also revives the tradition of “industrial policy,” the basic premise that governments can and ought to restructure markets to better advance public goals and values.
This shift is not just about philosophy, but about very real commitments of federal resources and attention.
More here.