Marty Peretz And The Neoliberal Reckoning

The Time of Monsters with Jeet Heer

Marty Peretz has led a large life, one he recounts with aplomb in his autobiography The Controversialist. As long time publisher and editor-in-chief of The New Republic, from 1974 to 2011, he transformed the venerable liberal magazine into an organ of neoliberalism, with a politics that emphasized deregulation of the economy, scaling back the welfare state, militant Zionism, and an aggressive foreign policy (leading the magazine to support the disastrous Iraq War in 2003). Coupled with the magazine, Peretz used his second wife’s vast fortune to create an political network that extended to many nodes of elite power: Harvard, Wall Street and even the White House (Vice President Al Gore was Peretz’s protégé).

I wrote about Peretz’s life and also the largescale damage done by his politics in a recent review of his memoir. Frequent guest of the show David Klion, who wrote about the memoir for The Baffler, joined the The Time of Monsters for a spirited discussion of a memorable life. Also relevant to this discussion is David’s review of Liberties, a magazine founded by Peretz’s longtime crony Leon Wieseltier.

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