Neoliberalism replaced modernization as the Clinton-era imperial model
Evidence
In the 1990s, the central goal shared by the (first) Bush and Clinton administrations was to expand US power and prevent the rise of any potential rival. Like their Cold War counterparts, these leaders sought to integrate the world into a capitalist order under their control. This time, instead of modernization, the model was neoliberalism with an emphasis on privatization, deregulation, a move away from public and social welfare policies, and the adoption of other free market principles. To realize what Bush described as the “New World Order,” the United States militated against “rogue regimes” that refused to play by American rules and attempted to control regions whose instability could undo the smooth functioning of the capitalist system. Non-state actors outside US control had to be contained or removed. — Deepa Kumar, Islamophobia and the Politics of Empire, 407
Categorization
Category: Causal Relationships
- XREF: Parallels the Milgrom/Roberts institutional-economics material: the US acts as the enforcer guaranteeing smooth functioning of the capitalist system, similar to reputational enforcement regimes at a world scale.
Related
- Bush to Obama was a rhetorical shift masking unchanged imperial fundamentals. (similarity 0.81)
- Bush and Clinton administrations resisted the neocon anti-Islamic-terrorism agenda (similarity 0.80)
- Clinton’s democracy promotion was aimed at making the world safe for neoliberal capitalism (similarity 0.79)
- US military destabilization aimed to transform regional culture into neoliberal values (similarity 0.78)