Illusions of Progress: Business, Poverty, and Liberalism in the American Century (Politics and Culture in Modern America)

Today, the word "neoliberal" is used to describe an epochal shift toward market-oriented governance begun in the 1970s.Yet the roots of many of neoliberalism's policy tools can be traced to the ideas and practices of mid-twentieth-century liberalism. In Illusions of Progress, Brent Cebul chronicles the rise of what he terms "supply-side liberalism," a powerful and enduring orientation toward politics and the economy, race and poverty, that united local chambers of commerce, liberal policymakers and economists, and urban and rural economic planners.Beginning in the late 1930s, New Dealers tied expansive aspirations for social and, later, racial progress to a variety of economic development initiatives.In communities across the country, otherwise conservative business elites administered liberal public works, urban redevelopment, and housing programs.But by binding national visions of progress to the local interests of capital, liberals often entrenched the very inequalities of power and