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"The Reagan Revolution And The New Capitalism" - Critical Essay

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3 pages in length. The basis of "The Reagan Revolution and the New Capitalism" as found in Major Problems in American History, volume 2 is to provide a better understanding of how Reagan - as well as Goldwater and Nixon before him - were placed in their political leadership roles at precisely the right time to help hasten along the trend of new capitalism that was moving at a fast clip. Author Martin Andersen points to myriad factors that ultimately comprised this development, a gradual progression which took the better part of fifty years to reach fruition. Bibliography lists 3 sources.

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3 pages (~225 words per page)

File: LM1_TLCReaganRv.rtf

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is to provide a better understanding of how Reagan - as well as Goldwater and Nixon before him - were placed in their political leadership roles at precisely the right time to help hasten along the trend of new capitalism that was moving at a fast clip. Author Martin Andersen points to myriad factors that ultimately comprised this development, a gradual progression which took the better part of fifty years to reach fruition. II. THESIS Andersens (2002) thesis is that while Reagan was set down directly in the middle of the whirlwind of new capitalism, he was not responsible for its uncontrollable progression; rather, he became an integral component - along with Goldwater and Nixon - in perpetuating its existence. As the author notes, "they were part of the movement, they contributed mightily to the movement, but the movement gave them political life, not the reverse" (p. 453). The interpretation and its supporting points are such that Reagan was the final and most instrumental cog in the wheel that ultimately catapulted new capitalism through the remaining twentieth century and into the twenty-first. By expounding upon the impact of such aspects as the Moral Majority, traditional Republicans, old conservatives, the New Right, the libertarians and the neoconservatives, Andersen (2002) offers a solid foundation upon which to springboard from one decade to another as they relate to Reagans ultimate participation in new capitalism. III. EVIDENCE Evidence for Andersens (2002) thesis is found in the authors use of such specifics as formulating a finite list of contributing factors for new capitalism; explanation of past decades involvement with the growing intellectual and political trend; and acknowledgement of how new capitalism fell in line directly behind ...

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