Left behind The Democrats' failed attempt to solve inequality

Lily Geismer

Book - 2022

"The 40-year history of how Democrats chose political convenience over addressing inequality--and how the poor have paid the price. For decades, the Republican party has been known as the party of the rich: arguing for "business-friendly" policies like deregulation and tax cuts. But as our national and global economy confronts a crisis of inequality, the truth is that Democrats have been unwilling to take risks that would help eliminate poverty. In this incisive new book, political historian Lily Geismer shows how the Democratic party of the 80s and 90s -- particularly during the height of the Clinton years -- peddled policy ideas that centered on helping the poor without asking the rich to make any sacrifices: doing well by ...doing good. Micro-lending became a big business, and private programs to promote democracy and equality abroad grew trendy. But as social programs in the private sector boomed, the structure of the government began to weaken, contributing to a crisis that has now fully arrived. Geismer makes her case through artful storytelling and a savvy eye, conjuring in meticulous detail the political moments that led to these fateful decisions. We've seen skyrocketing income inequality, huge discrepancies between the haves and have-nots, and growing poverty in America. This is the story of how we got ourselves into this mess, and where we can go from here"--

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Subjects
Published
New York : PublicAffairs 2022.
Language
English
Main Author
Lily Geismer (author)
Edition
First edition
Physical Description
x, 434 pages : illustrations ; 25 cm
Bibliography
Includes bibliographical references and index.
ISBN
9781541757004
  • List of Abbreviations
  • Introduction: Doing Well by Doing Good
  • Part I. Crisis and Opportunity
  • Chapter 1. Growth and Opportunity
  • Chapter 2. The Power of Credit
  • Chapter 3. Be Your Own Boss
  • Chapter 4. Reinventing Liberalism
  • Part II. Win-Wins
  • Chapter 5. Better Than Welfare
  • Chapter 6. Change Their Heads
  • Chapter 7. From a Right to a Reward
  • Chapter 8. Public Schools Are Our Host Important Business
  • Chapter 9. The Fox and the Henhouse
  • Chapter 10. Untapped Markets
  • Epilogue
  • Acknowledgments
  • Notes
  • Index
Review by Choice Review

From 1968 to 1988, Republicans won the presidency five out of six times and were steadily making gains in the South. Many Democrats saw Republicans rising and felt they were losing the war of ideas about how government could help people, especially the poor. Those Democrats formed the Democratic Leadership Council and developed policy ideas about how to move away from economic redistribution and welfare and toward programs that encouraged and supported work. Geismer (history, Claremont McKenna College) examines these efforts. Democrats tried to develop ideas that used incentives to get people involved in entrepreneurial activity and the workforce. This resulted in enterprise zones, the earned income tax credit, and a significant restructuring of welfare, which put limits on how long someone could receive benefits. The goal was to empower people to become successful and move them into the labor force. Geismer reviews the development of these ideas, the significant limitations the various programs faced, and the worsening problem of economic inequality. This history of ideas is important, and the book does an excellent job of covering the policy transformation within the Democratic Party. Summing Up: Highly recommended. Advanced undergraduates through faculty and general readers. --Jeffrey M. Stonecash, emeritus, Syracuse University

Copyright American Library Association, used with permission.
Review by Publisher's Weekly Review

Historian Geismer (Don't Blame Us) delivers an incisive critique of the Democratic Party's embrace of "market-based" solutions to social problems in the 1980s and '90s. Contending that the private sector could "do well by doing good," Bill Clinton and other "New Democrats" abandoned America's poorest and most vulnerable people, according to Geismer. She delves into Democrats' enthusiasm for the kind of "microenterprise" lending programs pioneered by Grameen Bank founder Muhammad Yunus in Bangladesh, and explains how similar initiatives in the U.S., such as the Chicago-based ShoreBank, had difficulty replicating and scaling their early successes. Geismer also claims that the razing of high-rise public housing projects and their replacement with "mixed-income, low-density" housing built by private developers "exacerbated racial segregation, economic inequality, and gentrification." Elsewhere, she documents how Silicon Valley's enthusiasm for charter schools made them "effective symbols of the control that wealthy private forces have come to wield over public policy," and documents the welfare reforms, including a $24 billion cut in food stamps and a "five-year lifetime limit" on receiving benefits, that Clinton signed into law during his 1996 reelection campaign. Framing the story as a tragedy of good intentions gone wrong, Geismer transforms wonky policy matters into an unlikely page-turner. Readers will gain valuable insight into the Clinton presidency and its legacy in today's distrust between progressives and centrist Democrats. (Mar.)

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Review by Kirkus Book Review

A history of the Democratic Party's late-20th-century shift from anti-poverty programs focused on redistribution and governmental support to policies reliant on entrepreneurship and the private sector. Beginning in the 1970s, the Democratic Party began to abandon the liberalism of Franklin Roosevelt's New Deal and Lyndon Johnson's Great Society. These so-called New Democrats, writes political historian Geismer, "contended that the forces of banking, entrepreneurialism, trade, and technology, which had created the economic growth and prosperity of the 1990s, could substitute for traditional forms of welfare and aid and better address structural problems of racial and economic segregation. In this vision, government did not recede but served as a bridge connecting the public and private sectors." With the formation of the Democratic Leadership Council, founded in 1984 by several colleagues of Gary Hart, who had just lost the Democratic presidential nomination to Walter Mondale, the New Democrats worked to replace the party's traditional constituencies of labor unions, African Americans, and low-income families with college-educated, nonunionized workers. Anti-poverty policies, moreover, would now emphasize market-based solutions, personal responsibility, and the social obligations of corporations--all ideas that permeated Bill Clinton's administrations. Geismer deftly weaves politics with policy to show how the Democrats reimagined poverty as a market failure. "The New Democrats," she writes, "were genuinely convinced that the market could improve the lives of poor people." The author provides detailed descriptions of the people and ideas behind microloan initiatives, such as SouthBank in Chicago and the Southern Development Bancorporation in Arkansas; Empowerment Zones, "which used tax incentives to lure business into distressed areas"; work-oriented welfare reform; the mixed-income HOPE VI program, designed to replace public housing; and charter schools. At the end of the 20th century, however, the U.S. was more unequal than when the New Democrats began their quest, and post-Trump, the Democratic Party is once again searching for a politically viable and cohesive identity. Catnip for policy wonks and political junkies, offering solid lessons for Democrats going forward. Copyright (c) Kirkus Reviews, used with permission.

Copyright (c) Kirkus Reviews, used with permission.