On Tuesday, journalist Robert Kuttner joined Boston Public Radio to discuss his concerns about continued leniency of financial sector regulations should presumptive Democratic presidential nominee Joe Biden win in November. The discussion stemmed from a recent article by Kuttner, "Falling Upward: The Surprising Survival of Larry Summers,” about the legacy of the former treasury secretary and current economic advisor to Biden.

“Beginning with Clinton and continuing with Obama — even after the financial collapse — we’ve had a Wall Street business model based on trading, and hyper-financialization, and opacity,” he said, "where all the gains go to the insiders. ... And the government really [gave] up on the idea that was alive through the 1970s, that we have to regulate these clowns."

Robert Kuttner is a co-editor for the American Prospect, and the Ida and Meyer Kirstein Chair at Brandeis University. His latest book is “The Stakes: 2020 and the Survival of American Democracy."