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"In Illusions of Progress, Brent Cebul traces 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 opportunity they imagined their programs solving. When President Lyndon Johnson launched the War on Poverty-which prioritized direct partnerships with poor and racially marginalized citizens-businesspeople, Republicans, and soon, a rising generation of New Democrats sought to rein in its seeming excesses by reinventing and redeploying many of the policy tools and commitments pioneered on liberalism's supply side: public private partnerships, market-oriented solutions, fiscal "realism," and, above all, subsidies for business-led growth now promised to blunt, and perhaps ultimately replace, programs for poor and marginalized Americans. In this wide-ranging book, Brent Cebul illuminates the often-overlooked structures of governance, markets, and public debt through which America's warring political ideologies have been expressed and transformed. From Washington, D.C. to the declining Rustbelt and emerging Sunbelt and back again,Illusions of Progress reveals the centrality of public and private forms of profit that have defined the enduring boundaries of American politics, opportunity, and inequality-in an era of liberal ascendence and an age of neoliberal retrenchment"--

Capitalism --- Poverty --- Cleveland Ohio. --- New Deal. --- New Democrats. --- Rome Georgia. --- activist. --- austerity politics. --- civil rights. --- federalism. --- fiscal conservatism. --- growth. --- inequality. --- liberalism. --- markets. --- municipal debt. --- neoliberalism. --- political history. --- poverty. --- privatization. --- public-private partnerships. --- race. --- rustbelt. --- sunbelt. --- supply side. --- war on poverty. --- United States --- Economic policy --- Politics and government

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Recent events?the Citizens United Supreme Court decision, the Occupy Wall Street movement, and efforts to increase the minimum wage, among others?have driven a tremendous surge of interest in the political power of business. Capital Gains collects some of the most innovative new work in the field. The chapters explore the influence of business on American politics in the twentieth century at the federal, state, and municipal levels. From corporate spending on city governments in the 1920s to business support for public universities in the postwar period, and from business opposition to the Vietnam War to the corporate embrace of civil rights, the contributors reveal an often surprising portrait of the nation's economic elite. Contrary to popular mythology, business leaders have not always been libertarian or rigidly devoted to market fundamentalism. Before, during, and after the New Deal, important parts of the business world sought instead to try to shape what the state could accomplish and to make sure that government grew in ways that were favorable to them. Appealing to historians working in the fields of business history, political history, and the history of capitalism, these essays highlight the causes, character, and consequences of business activism and underscore the centrality of business to any full understanding of the politics of the twentieth century?and today.

History --- Business and politics --- Industrial policy --- Affaires et politique --- Politique industrielle --- Histoire --- United States --- Etats-Unis --- Economic policy --- Politique économique