When Bill Clinton became president, his campaign’s catch phrase, “The Economy, Stupid” encapsulated a commitment to the rejuvenation and transformation of the U.S. economy, especially in a world where many liberals saw Japan and Germany as the true post-Cold War victors. One policy path led toward “industrial policy,” embodied in the effort to transform the American system of health provision and “manage” trade with Japan. Both gambits failed because those industry sectors upon which Clinton liberals had banked were no match for the power of Wall Street and an increasingly radicalized Republican opposition. The door was therefore open to the neoliberalism, both global and domestic, that has come to characterize the Clinton era.
Nelson Lichtenstein on “A Fabulous Failure: Managing American Capitalism during the Clinton Presidency” Wednesday, October 26, 2022 from 5-7 p.m In-person event in the William P. Kelly Skylight Conference Room Please RSVP to History@gc.cuny.edu no later than October 12th
Nelson Lichtenstein is Research Professor at the University of California, Santa Barbara. He is the author or editor of numerous books, including a biography of Walter Reuther, a history of Walmart, and studies of the New Deal. He writes for Dissent, Jacobin, and Labor Notes, as well as The Washington Post and the New York Times.
This is the inaugural Judith Stein Lecture in Political Economy, brought to you by the CUNY GC PhD Program in History