The Corporate Elite, the New Conservative Policy Network, and Reaganomics
Bibliographic Data
| ID | 2371395 |
|---|---|
| Authors | J Craig Jenkins (0000-0003-3552-8027, Department of Sociology, Ohio State University, Columbus, OH 43210), Craig M Eckert (Eastern Illinois University) |
| Year | 1989 |
| Volume | 16 |
| Issue | 2-3 |
| Pages | 121-144 |
| Publication date | 1989-05-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Critical Sociology (JOURNAL) |
| Journal identifiers | ISSN: 0896-9205 • E-ISSN: 1569-1632 |
| Publisher | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1177/089692058901600207 |
| OpenAlex | W2093254015 |
| Language | EN |
| Citations received | 13 |
| References cited | 15 |
Recent analysts have traced the rise of Reaganomics to the rise of cowboy capitalists and to a 'right turn' of the corporate elite. We provide a policy history of the formulation of the Reaganomics program and its insertion into the national political agenda, showing that it stemmed from policy-planning efforts of a new conservative network of policy organizations. During the 1970s, this conservative network synthesized fiscal conservatism, monetarism, and supply-side economics into a new economic program of austerity and supply-side tax incentives. We then provide an elite analysis of the structure of this policy network, showing that the inner circle and upper tier of the capitalist class supported the austerity camp as well as the traditional Keynesian moderates, while sunbelt cowboys tended to support the more conservative supply-siders. The corporate elite remains the hegemonic group within the capitalist class, working in coalition with a newly mobilized cowboy stratum
Austerity · Conservatism · Corporate governance · Economics · Elite · Hegemony · Incentive · Market economy · Political economy · Political science · Politics · Elite Sociology and Global Capitalism · Law · Political and Economic history of UK and US · Social Policy and Reform Studies · Finance
Berle and Means revisited
Communicating Climate Change
The Politics of Economic Inequality
The ‘knowledge politics’ of democratic peace theory
Clinton's Domestic Policy Makers
The resurgence of German capital in Europe
Party to inequality
Defeating Kyoto
The Myth of Old Money Liberalism
Business Participation in Health Care Policy Reform
The Politics of Capitalist Class Segments
Bringing Public Opinion and Electoral Politics Back In
Transporting Movement Ideology into Popular Culture
Corporate control, corporate power
The second industrial divide
The Business Response to Keynes, 1929–1964
Political Innovation in America
The fiscal revolution in America
Latent classes and group membership
The Second Industrial Divide
The Politics and Development of the Federal Income Tax
The Social Organization of the American Business Elite and Participation of Corporation Directors in the Governance of American Institutions
Corporate Political Groupings
Social Protest, Hegemonic Competition, and Social Reform
The Political Partisanship of American Business
Determinants of Economic Attitudes in the American Business Elite
| Unique citing works | 13 |
|---|---|
| Citations per year | 0,36 |
| Citation span | 1990 - 2018 (29) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 12 |