More: The Politics of Economic Growth in Postwar America

Capa
Oxford University Press, USA, 21 de fev. de 2000 - 320 páginas
James Carville famously reminded Bill Clinton throughout 1992 that "it's the economy, stupid." Yet, for the last forty years, historians of modern America have ignored the economy to focus on cultural, social, and political themes, from the birth of modern feminism to the fall of the Berlin Wall. Now a scholar has stepped forward to place the economy back in its rightful place, at the center of his historical narrative. In More, Robert M. Collins reexamines the history of the United States from Franklin Delano Roosevelt to Bill Clinton, focusing on the federal government's determined pursuit of economic growth. After tracing the emergence of growth as a priority during FDR's presidency, Collins explores the record of successive administrations, highlighting both their success in fostering growth and its partisan uses. Collins reveals that the obsession with growth appears not only as a matter of policy, but as an expression of Cold War ideology--both a means to pay for the arms build-up and proof of the superiority of the United States' market economy. But under Johnson, this enthusiasm sparked a crisis: spending on Vietnam unleashed runaway inflation, while the nation struggled with the moral consequences of its prosperity, reflected in books such as John Kenneth Galbraith's The Affluent Society and Rachel Carson's Silent Spring. More continues up to the end of the 1990s, as Collins explains the real impact of Reagan's policies and astutely assesses Clinton's "disciplined growthmanship," which combined deficit reduction and a relaxed but watchful monetary policy by the Federal Reserve. Writing with eloquence and analytical clarity, Robert M. Collins offers a startlingly new framework for understanding the history of postwar America.
 

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Collins covers the behind-the-scenes maneuvering that gave rise to a culture of economic growth in the U.S. President Eisenhower, for one, was dubious of the wisdom of heightening economic growth to ... Ler resenha completa

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Conteúdo

The Emergence of Economic Growthmanship
17
The Ascendancy of Growth Liberalism
40
Growth Liberalism Comes a Cropper 1968
68
Richard Nixons Whig Growthmanship
98
The Retreat from Growth in the 1970s
132
The Reagan Revolution and Antistatist Growthsmanship
166
Slow Drilling in Hard Boards
214
Conclusion
233
Notes
241
Index
285
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Página 5 - Clearly, all this calls for a reappraisal of values. A mere builder of more industrial plants, a creator of more railroad systems, an organizer of more corporations, is as likely to be a danger as a help.
Página 5 - ... practically no more free land. More than half of our people do not live on the farms or on lands and cannot derive a living by cultivating their own property. There is no safety valve in the form of a western prairie to which those thrown out of work by the eastern economic machines can go for a new start. We are not able to invite the immigration from Europe to share our endless plenty. We are now providing a drab living for our own people.
Página 4 - But it seems to me probable that our physical economic plant will not expand in the future at the same rate at which it has expanded in the past. We may build more factories, but the fact remains that we have enough now to supply all of our domestic needs, and more, if they are used.

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Robert M. Collins is Professor of History at the University of Missouri, Columbia, where he teaches recent U.S. history. He is the author of The Business Response to Keynes, 1929-1964. He lives in Columbia, Missouri.

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