"When Bill Clinton was elected president in 1992, he was surrounded by advisors with radical ideas about everything from economic management to health care reform to labor relations to social policy. With the White House and Congress under full Democratic control, a new, more equitable vision of American capitalism seemed possible-even likely. And indeed, over the course of the 1990s, the economy performed remarkably well, real wages rose, and unemployment was at a 25-year low. In a 2001 book, Alan Blinder and Janet Yellen would term it "The Fabulous Decade." And yet today, Clinton's 8 years in office are seen by those on the left as a monumental failure, with these short-term gains achieved thanks to a full-sale capitulation to the neoliberal ideology of the right, which brought with it financial deregulation, privatization of government services, and the growth of class inequalities. In this comprehensive and sweeping political history of the 1990s, Nelson Lichtenstein considers why the Clinton White House ended up embracing neoliberalism so fully, despite the array of other options available-options being championed by those around Clinton, and sometimes even Clinton itself. Exploring the major issues of the time-deficit politics, NAFTA, labor relations, tech regulation, mass incarceration, and more-Lichtenstein reveals an "intellectual history of an economy that wasn't," and explores why neoliberalism was cemented into the US's economic and financial system by the end of Clinton's term in office"--

In this authoritative book John Grainger explores the foundations of Alexander's empire and why it did not survive after his untimely death in 323 BC.

The 40-year history of how Democrats chose political opportunity over addressing inequality—and how the poor have paid the price For decades, the Republican Party has been known as the party of the rich: arguing for “business-friendly” policies like deregulation and tax cuts. But this incisive political history shows that the current inequality crisis was also enabled by a Democratic Party that catered to the affluent. The result is one of the great missed opportunities in political history: a moment when we had the chance to change the lives of future generations and were too short-sighted to take it. Historian Lily Geismer recounts how the Clinton-era Democratic Party sought to curb poverty through economic growth and individual responsibility rather than asking the rich to make any sacrifices. Fueled by an ethos of “doing well by doing good,” microfinance, charter schools, and privately funded housing developments grew trendy. Though politically expedient and sometimes profitable in the short term, these programs fundamentally weakened the safety net for the poor. This piercingly intelligent book shows how bygone policy decisions have left us with skyrocketing income inequality and poverty in America and widened fractures within the Democratic Party that persist to this day.