In the historical narrative that prevails today, the New Deal years
are positioned between two equally despised Gilded Ages—the first
in the late nineteenth century and the second characterized by the
world of Walmart, globalization, and right-wing populism in which
we currently live. What defines these two ages is an increasing
level of inequality legitimized by powerful ideologies, namely,
Social Darwinism at the end of the nineteenth century and
neoliberalism today. In stark contrast, the era of the New Deal was
first and foremost an attempt to put an end to inequality in
American society. In the historical longue durée, it appears today
as a kind of golden age when policymakers and citizens sought to
devise solutions to the two major "questions"—labor on one side,
social on the other—that were at the heart of the American
political economy during the twentieth century. Capitalism
Contested argues that the New Deal order remains an effective
framework to make sense of the transformation of American political
economy over the last hundred years. Contributors offer an
historicized analysis of the degree to which that political,
economic, and ideological order persists and the ways in which it
has been transcended or even overthrown. The essays pay attention
not only to those ideas and social forces hostile to the New Deal,
but to the contradictions and debilities that were present at the
inauguration or became inherent within this liberal impulse during
the last half of the twentieth century. The unifying thematic among
the essays consists not in their subject matter—politics,
political economy, social thought, and legal scholarship are
represented—but in a historical quest to assess the
transformation and fate of an economic and policy order nearly a
century after its creation. Contributors: Kate Andrias, Romain
Huret, William P. Jones, Nelson Lichtenstein, Nancy MacLean, Isaac
William Martin, Margaret O'Mara, K. Sabeel Rahman, Timothy Shenk,
Elizabeth Tandy Shermer, Jason Scott Smith, Samir Sonti, Karen M.
Tani, Jean-Christian Vinel.
General
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