Bull Run: Wall Street, the Democrats, and the New Politics of Personal Finance

By Daniel Gross | Go to book overview

3
Labor and Intellectuals

Franklin Roosevelt's vaunted New Deal coalition, composed of urban ethnics, southern whites, blacks, intellectuals, labor, and government workers, has been buried time and again since 1968, when political scientist Theodore Lowi famously proclaimed its demise in The End of Liberalism. This snippet of conventional wisdom has been the subject of countless drearily earnest roundtable discussions in Washington and Cambridge and in points in between. But over the past thirty years, as the Solid South became terra Republicana, big labor, government workers, blacks, and intellectuals have primarily stuck with Democrats. Largely overlooked have been the ways these constituents of the die-hard New Deal coalition have helped to transform

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Bull Run: Wall Street, the Democrats, and the New Politics of Personal Finance
Table of contents

Table of contents

  • Title Page iii
  • Contents vii
  • 1 - The Democratization of Money 1
  • 2 - Public Employee Pension Funds 27
  • 3 - Labor and Intellectuals 55
  • 4 - Bill Clinton and Money 81
  • 5 - Arthur Levitt and the Sec 111
  • 6 - The New Moneycrats 137
  • 7 - The Republican Retreat 169
  • 8 - The New Politics of Personal Finance 191
  • Sources 213
  • Acknowledgments 219
  • Index 221
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