"And the Party Has Paid a Huge Price"

"But the other side of the equation, which I think is also true to some extent, is that the Democratic Party became sort of economically triumphalist after the end of the Soviet Union. And there was an assumption that many people shared, for reasons that were understandable at the time, that the knowledge economy was wind in our sails. That the United States would benefit across the board, that all people in all sectors in the country would benefit. And it blinded Democrats who should have known better to the class and sectoral and regional consequences of the movement toward the knowledge economy that globalization would produce."

Isaac Chotiner interviews William A. Galston, author of Anti-Pluralism: The Populist Threat to Liberal Democracy at Slate.