History 2171A/B Lecture Notes - Lecture 2: Voting Rights Act Of 1965, Lyndon B. Johnson, Baby Boom
8 Apr 2017
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Document Summary
Technological change altering the business world not simply inevitable. Also, has a lot to do with political policy & trade. In the 18th & 19th centuries (and beginning to mid 20th centuries), the political actors believed you needed a protectionist trade policy surrounding yourself. 1960s & 1970s shift away from thoughts you needed high-tariff walls surrounding your country, don"t need entirely redistributive taxation, shift of a tax system that protects industrial system to the speculation/financial system. These people were increasingly concerned the democratic party wasn"t for them: reagan pursues policies of deregulation that permits greater accumulation of wealth at the top, policy of union-busting (undermines their power). Creates a legislative framework that creates the environment for finance capitalism. Where did this dissolution come from & how did reagan capitalize on it: the end of the postwar boom began in the 60s us was losing its position as. Leader of the world" (most powerful, richest, best place to be).
