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Frank DiStefano, author of The Next Realignment: Why America's Parties Are Crumbling and What Happens Next and the Renew the Republic Substack, returns to The Realignment. Marshall and Frank discuss why they were attracted to the idea of a "realignment" before it was cool and obvious, why the breakdown of parties and institutions is fundamentally about a "crisis of legitimacy," the importance of building an ideological movement versus focusing on political parties, and why the abundance agenda, especially in its less wonky versions, is a useful vehicle for forcing institutions to answer the "what are we trying to do here," question.