"Another consequence of communism’s fall may be less obvious but is of equal importance: It removed what had been an imperative in America (and in Europe and elsewhere) for class compromise between capitalist elites and the working classes."
"It also impelled capitalist elites in advanced industrial countries, including the United States, to compromise with their class antagonists in ways they would not otherwise have done. The fear of communism made possible the class compromise between capital and labor that underwrote the New Deal ord"
"American labor was strongest when the threat of communism was greatest. The apogee of America’s welfare state, with all its limitations, was coterminous with the height of the Cold War. The dismantling of the welfare state and the labor movement, meanwhile, marched in tandem with communism’s collaps"
"Another consequence of communism’s fall may be less obvious but is of equal importance: It removed what remained in America of the imperative for class compromise. … After 1991, no country or movement in the world was in a position (so it seemed) to challenge the capitalist way of organizing economi"
"The replacement of a conscription army with a professional one, however, had boomeranged. It turned out to be easier for Washington decision-makers to deploy professional soldiers who had volunteered for military duty than citizen conscripts who were more likely to raise questions about the merits o"
"The political repercussions of the Great Recession of 2008 were about to explode on America, and they would rock the neoliberal order to its core."
"In the aftermath of the Great Recession, globalization and neoliberalism could no longer be promoted as policies that lifted all boats."
A very US centric narration of the intellectual and political arc of neoliberalism. The chronological exploration of the rise and fall of the political order of last several decades covers a wide range of topics and events in decent depth. For me personally, the parts on tech industry, soviet influence and iraq war provide some unique perspectives.