The Myth of Liberal Ascendancy: Corporate Dominance from the Great Depression to the Great Recession

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The Myth of Liberal Ascendancy: Corporate Dominance from the Great Depression to the Great Recession

ISBN : 9781612052564
Publisher : Paradigm
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Publication Date :
Overview Based on new archival research, G. Williams Domhoff challenges popular conceptions of the 1930's 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 FDR's 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 Committee's 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.

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