
A Fabulous Failure
The Clinton Presidency and the Transformation of American Capitalism
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Narrado por:
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Tom Campbell
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When Bill Clinton was elected president in 1992, he ended twelve years of Republican rule and seemed poised to enact a progressive transformation of the US economy, touching everything from health care to trade to labor relations. Yet by the time he left office, the nation's economic and social policies had instead lurched dramatically rightward, exacerbating the inequalities so troubling in our own time.
Nelson Lichtenstein and Judith Stein show how the administration's progressive reformers were stymied by a new world of global capitalism that heightened Wall Street influence, undermined domestic manufacturing, and eviscerated the labor movement. Robert Rubin, Larry Summers, and Al Gore proved champions of this financialized world. Meanwhile, Clinton divided his own party when he relied on Republican votes to overhaul welfare, liberalize trade, and deregulate the banking and telecommunications industries. Even the economic boom Clinton ushered in ended with a series of exploding asset bubbles that his neoliberal economic advisors neither foresaw nor prevented.
A Fabulous Failure explains why and how the Clinton presidency's progressive statecraft floundered in a world where the labor movement was weak, civil rights forces quiescent, and corporate America ever more powerful.
©2023 Nelson Lichtenstein (P)2023 KaloramaLos oyentes también disfrutaron...
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Lo que los oyentes dicen sobre A Fabulous Failure
Calificaciones medias de los clientesReseñas - Selecciona las pestañas a continuación para cambiar el origen de las reseñas.
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Ejecución
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Historia
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- 11-11-24
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This is an excellent summary of post-cold war liberalism failed the great body of the American people and effectively redistributed even more wealth upwards than Reagan and Bush did.
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Total
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Ejecución
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Historia
- Zane Shields
- 04-24-25
Dry But Informative
This book is organized by Chapters based around Clinton policy objectives and not along a year by year timeline, so it doesn’t really feel as though a cohesive story is being told if you’re not already quite familiar with US history and politics. It doesn’t really get too personal either, not really delving into any biographical stories. These aspects make it a bit dry, but if you’re in for firm discussions of policy, this book does a great job supporting the thesis in its title from a left wing perspective, showing how Clinton ended up functioning as a mainline neoliberal.
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