Finance

The Obama administration response was conservative consensus. Though it launched the largest fiscal stimulus in U.S. history and advocated for financial reform, those measures were designed to stabilize and fix the existing system of capitalism, not to reorganize it. The fundamental economic model—asset price inflation, financialization, and hopes about markets—remained intact. The government protected largeContinue reading “Finance”

Rebellion

The sagebrush rebellion began as backlash against increasing federal regulations of public lands in the late 1970s. The rebels wanted federal lands returned to the states. The support of these rebellions were western ranchers, miners, local and state officials, and resource extraction industries as they saw federal agencies and environmentalists as outsiders that are interferingContinue reading “Rebellion”

Jerry Falwell

Jerry Falwell was instrumental in the formation of Christian rights, because of his founding of the moral majority which was a leading national religious organization in the early 1980s. Falwell combined traditional evangelical theology with a politically conservative agenda, which positioned the Christian right as a force in national politics. His media presence as aContinue reading “Jerry Falwell”

deindustrialization

The working class was recycled by the process of displacement and reabsorption during a transitional period. Many workers had relied on the manufacturing jobs and once those jobs start disappearing many become unemployed. For African Americans men this was an exclusion from stable employment. These men started relying on informal works, low paying jobs thatContinue reading “deindustrialization”

Working class

What Wallace did was portray working class voters as the victims of liberal overreach. They set themselves as the hero’s for those that felt underrepresented, like those that felt  alienated by the anti-war protesters. Richard Nixon focused on law and order. The populist rhetoric resonated for those that saw anti- war protesters as disconnected fromContinue reading “Working class”