Virginia Is for Business
Selling the Commonwealth in the Global Competition Era
Bibliographic Data
| ID | 11229693 |
|---|---|
| Authors | Michael Dennis (0000-0001-5036-0168, Acadia University), Michael J Dennis (0000-0002-8175-5311, Acadia University, corresponding author) |
| Year | 2007 |
| Volume | 32 |
| Issue | 3 |
| Pages | 319-340 |
| Publication date | 2007-09-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Labor Studies Journal (JOURNAL) |
| Journal identifiers | ISSN: 0160-449X • E-ISSN: 1538-9758 |
| Publisher | SAGE Publications (PUBLISHER • US) |
| DOI | 10.1177/0160449x07301657 |
| OpenAlex | W2485600657 |
| Language | EN |
| References cited | 6 |
According to business pundits of the 1990s, the United States had finally liberated itself from the shackles of an Old Economy. Technology, entrepreneurialism, and the reduction of social regulations promised to restore American economic competitiveness. Nowhere else in the United States did this ideology achieve greater legitimacy than in the American South, where traditional southern conservatism merged with corporate neoliberalism to produce a potent ideological compound. Despite the enthusiasm for the New Economy, the driving force of public policy in the region had a decidedly Old Economy tack to it. At the center of economic development strategy was the willingness to use huge subsidies to lure mobile corporations to invest. The corporate subsidies program reflected the key assumptions of the New Economy ideology. Despite the overheated claims, the strategy failed to deliver freedom or prosperity to southern workers
Conservatism · Economic growth · Economics · Economy · Enthusiasm · Ideology · Legitimacy · Market economy · Neoliberalism (international relations · Political economy · Political science · Politics · Prosperity · Subsidy · Electoral Systems and Political Participation · Fiscal Policies and Political Economy · Law · Political and Economic history of UK and US
| Citation velocity | historical |
|---|---|
| Highly cited | No |