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Myth of Liberal Ascendancy: Corporate Dominance From the Great Depression to the Great Recession
Author: G. Williams Domhoff
File Type: epub
Based on new archival research, G. Williams Domhoff challenges popular conceptions of the 1930s New Deal. Arguing instead that this period was one of increasing corporate dominance in government affairs, affecting the fate of American workers up to the present day. While FDRs New Deal brought sweeping legislation, the tide turned quickly after 1938. From that year onward nearly every major new economic law passed by Congress showed the mark of corporate dominance. Domhoff accessibly portrays documents of the Committees vital influence in the halls of government, supported by his interviews with several of its key employees and trustees. Domhoff concludes that in terms of economic influence, liberalism was on a long steady decline, despite two decades of post-war growing equality, and that ironically, it was the successes of the civil rights, feminist, environmental, and gay-lesbian movements-not a new corporate mobilisation-that led to the final defeat of the liberal-labour alliance after 1968. **Review The Myth of Liberal Ascendancy is a daring attempt to correct the idea that the liberal-labor coalition had the strength to dictate its own terms to the corporate-conservative coalition during the New Deal, and in the so-called Keynesian era... Domhoffs book doubtlessly provides invaluable evidence indicating the historical weakness of the liberal-labor alliance and the fallacy in the liberal-labor ascendancy thesis. In this respect, this book contributes to the analysis of the historical and social roots of the Keynesian epoch and uncovers the real factors lying beneath the post-war socioeconomic order both at domestic and global levels. Serdal Bahce, Marx & Philosophy Review of Books About the Author G. William Domhoff, Professor Emeritus at UC Santa Cruz, is the author of Who Rules America? (6th edition 2009) and The New CEOs Women, African American, Latino, and Asian American Leaders of Fortune 500 Companies (2011).
File Type: epub
Based on new archival research, G. Williams Domhoff challenges popular conceptions of the 1930s New Deal. Arguing instead that this period was one of increasing corporate dominance in government affairs, affecting the fate of American workers up to the present day. While FDRs New Deal brought sweeping legislation, the tide turned quickly after 1938. From that year onward nearly every major new economic law passed by Congress showed the mark of corporate dominance. Domhoff accessibly portrays documents of the Committees vital influence in the halls of government, supported by his interviews with several of its key employees and trustees. Domhoff concludes that in terms of economic influence, liberalism was on a long steady decline, despite two decades of post-war growing equality, and that ironically, it was the successes of the civil rights, feminist, environmental, and gay-lesbian movements-not a new corporate mobilisation-that led to the final defeat of the liberal-labour alliance after 1968. **Review The Myth of Liberal Ascendancy is a daring attempt to correct the idea that the liberal-labor coalition had the strength to dictate its own terms to the corporate-conservative coalition during the New Deal, and in the so-called Keynesian era... Domhoffs book doubtlessly provides invaluable evidence indicating the historical weakness of the liberal-labor alliance and the fallacy in the liberal-labor ascendancy thesis. In this respect, this book contributes to the analysis of the historical and social roots of the Keynesian epoch and uncovers the real factors lying beneath the post-war socioeconomic order both at domestic and global levels. Serdal Bahce, Marx & Philosophy Review of Books About the Author G. William Domhoff, Professor Emeritus at UC Santa Cruz, is the author of Who Rules America? (6th edition 2009) and The New CEOs Women, African American, Latino, and Asian American Leaders of Fortune 500 Companies (2011).
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