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More the Politics of Economic Growth in Postwar America

by Robert M. Collins

  • ISBN: 9780195046465
  • ISBN10: 0195046463

More the Politics of Economic Growth in Postwar America

by Robert M. Collins

  • Binding: Hardcover
  • Publisher: Oxford Univ Pr on Demand
  • Publish date: 05/01/2000
  • ISBN: 9780195046465
  • ISBN10: 0195046463
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Description: In More, Robert M. Collins reexamines the history of the United States from Franklin Delano Roosevelt to Bill Clinton, focusing on the federal government's determined pursuit of economic growth. After tracing the emergence of growth as a priority during FDR's presidency, Collins explores the record of successive administrations, highlighting both their success in fostering growth, and its partisan uses. Collins reveals that the obsession with growth appears not only as a matter of policy, but as an expression of Cold War ideology -- both a means to pay for the arms build-up and proof of the superiority of the United States' market economy. But under Johnson, this enthusiasm sparked a crisis: spending on Vietnam unleashed runaway inflation, while the nation struggled with the moral consequences of its prosperity, reflected in books such as John Kenneth Galbraith's The Affluent Society and Rachel Carson's Silent Spring. More continues up to the end of the 1990s, as Collins explains the real impact of Reagan's policies and astutely assesses Clinton's "disciplined growthmanship", which combined deficit reduction and a relaxed but watchful monetary policy by the Federal Reserve.

Writing with eloquence and analytical clarity, Robert M. Collins offers a startlingly new framework for understanding the history of postwar America.

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