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How Rigged "Free Markets" Shackle and Plunder Most Americans

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Walter Uhler
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In fact, Eisenhower supported high taxes, expanding social security, strengthening unemployment insurance, improving health programs, and, of course, building the massive interstate highway system for which he became famous. (Ibid., pp. 43-44).

Why didn't the Republicans attempt to overturn the New Deal? Because they were "hemmed in"(p. 30) by, (1) the enormous world stature, appeal, and power of Soviet communism, as a result of its victory over Nazi Germany and its explosion of an atomic bomb. and (2) by the rise of Communist China. As Professor Gerstle puts it, "To ensure success in the fight against communism, those in the mainstream of the Republican Party actually acquiesced to the core principles of the New Deal, thus facilitating the New Deal's transition from a political movement to a political order" (Ibid., p. 38).

Part Two of the article will address the rise, fall, and baleful consequences of neoliberalism.

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Walter C. Uhler is an independent scholar and freelance writer whose work has been published in numerous publications, including The Nation, the Bulletin of the Atomic Scientists, the Journal of Military History, the Moscow Times and the San (more...)
 
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