A fabulous failure: the Clinton presidency and the transformation of American capitalism
"When Bill Clinton was elected president in 1992, he was surrounded by advisors with radical ideas about everything from economic management to health care reform to labor relations to social policy. With the White House and Congress under full Democratic control, a new, more equitable vision o...
Gespeichert in:
| Hauptverfasser: | , |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Princeton ; Oxford
Princeton University Press
[2023]
|
| Schriftenreihe: | Politics and society in modern America
|
| Schlagworte: | |
| Online-Zugang: | DE-12 DE-Aug4 DE-188 DE-355 DE-706 Volltext |
| Zusammenfassung: | "When Bill Clinton was elected president in 1992, he was surrounded by advisors with radical ideas about everything from economic management to health care reform to labor relations to social policy. With the White House and Congress under full Democratic control, a new, more equitable vision of American capitalism seemed possible-even likely. And indeed, over the course of the 1990s, the economy performed remarkably well, real wages rose, and unemployment was at a 25-year low. In a 2001 book, Alan Blinder and Janet Yellen would term it "The Fabulous Decade." And yet today, Clinton's 8 years in office are seen by those on the left as a monumental failure, with these short-term gains achieved thanks to a full-sale capitulation to the neoliberal ideology of the right, which brought with it financial deregulation, privatization of government services, and the growth of class inequalities. In this comprehensive and sweeping political history of the 1990s, Nelson Lichtenstein considers why the Clinton White House ended up embracing neoliberalism so fully, despite the array of other options available-options being championed by those around Clinton, and sometimes even Clinton itself. Exploring the major issues of the time-deficit politics, NAFTA, labor relations, tech regulation, mass incarceration, and more-Lichtenstein reveals an "intellectual history of an economy that wasn't," and explores why neoliberalism was cemented into the US's economic and financial system by the end of Clinton's term in office"-- |
| Beschreibung: | Includes bibliographical references and index |
| Beschreibung: | 1 Online-Ressource (xiii, 525 Seiten) Illustrationen |
| ISBN: | 9780691245515 |
| DOI: | 10.1515/9780691245515 |
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| author | Lichtenstein, Nelson 1944- Stein, Judith 1940-2017 |
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| author_facet | Lichtenstein, Nelson 1944- Stein, Judith 1940-2017 |
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| dewey-ones | 973 - United States |
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| dewey-sort | 3973.929 |
| dewey-tens | 970 - History of North America |
| discipline | Geschichte |
| discipline_str_mv | Geschichte |
| doi_str_mv | 10.1515/9780691245515 |
| format | Electronic eBook |
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| id | DE-604.BV049380054 |
| illustrated | Not Illustrated |
| index_date | 2024-07-03T22:58:57Z |
| indexdate | 2024-07-20T04:45:25Z |
| institution | BVB |
| isbn | 9780691245515 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-034707700 |
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| publisher | Princeton University Press |
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| series2 | Politics and society in modern America |
| spelling | Lichtenstein, Nelson 1944- Verfasser (DE-588)170041190 aut A fabulous failure the Clinton presidency and the transformation of American capitalism Nelson Lichtenstein and Judith Stein Princeton ; Oxford Princeton University Press [2023] © 2023 1 Online-Ressource (xiii, 525 Seiten) Illustrationen txt rdacontent c rdamedia cr rdacarrier Politics and society in modern America Includes bibliographical references and index "When Bill Clinton was elected president in 1992, he was surrounded by advisors with radical ideas about everything from economic management to health care reform to labor relations to social policy. With the White House and Congress under full Democratic control, a new, more equitable vision of American capitalism seemed possible-even likely. And indeed, over the course of the 1990s, the economy performed remarkably well, real wages rose, and unemployment was at a 25-year low. In a 2001 book, Alan Blinder and Janet Yellen would term it "The Fabulous Decade." And yet today, Clinton's 8 years in office are seen by those on the left as a monumental failure, with these short-term gains achieved thanks to a full-sale capitulation to the neoliberal ideology of the right, which brought with it financial deregulation, privatization of government services, and the growth of class inequalities. In this comprehensive and sweeping political history of the 1990s, Nelson Lichtenstein considers why the Clinton White House ended up embracing neoliberalism so fully, despite the array of other options available-options being championed by those around Clinton, and sometimes even Clinton itself. Exploring the major issues of the time-deficit politics, NAFTA, labor relations, tech regulation, mass incarceration, and more-Lichtenstein reveals an "intellectual history of an economy that wasn't," and explores why neoliberalism was cemented into the US's economic and financial system by the end of Clinton's term in office"-- Clinton, Bill / 1946- United States / Politics and government / 1993-2001 United States / Economic conditions / 1981-2001 Stein, Judith 1940-2017 Verfasser (DE-588)142923966 aut Erscheint auch als Druck-Ausgabe, Hardcover 978-0-691-24550-8 (DE-604)BV048613623 https://doi.org/10.1515/9780691245515 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Lichtenstein, Nelson 1944- Stein, Judith 1940-2017 A fabulous failure the Clinton presidency and the transformation of American capitalism |
| title | A fabulous failure the Clinton presidency and the transformation of American capitalism |
| title_auth | A fabulous failure the Clinton presidency and the transformation of American capitalism |
| title_exact_search | A fabulous failure the Clinton presidency and the transformation of American capitalism |
| title_exact_search_txtP | A fabulous failure the Clinton presidency and the transformation of American capitalism |
| title_full | A fabulous failure the Clinton presidency and the transformation of American capitalism Nelson Lichtenstein and Judith Stein |
| title_fullStr | A fabulous failure the Clinton presidency and the transformation of American capitalism Nelson Lichtenstein and Judith Stein |
| title_full_unstemmed | A fabulous failure the Clinton presidency and the transformation of American capitalism Nelson Lichtenstein and Judith Stein |
| title_short | A fabulous failure |
| title_sort | a fabulous failure the clinton presidency and the transformation of american capitalism |
| title_sub | the Clinton presidency and the transformation of American capitalism |
| url | https://doi.org/10.1515/9780691245515 |
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