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Capitalism: What Makes Us Free? (2021)

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Neoliberal Shifts in the Democratic Party

This chapter examines the ideological transformation of the Democratic Party during the 1990s, focusing on the leadership of Bill Clinton and Al Gore. It addresses key policy changes, such as welfare reform and the repeal of the Glass-Steagall Act, while highlighting the party's movement towards neoliberalism and its alignment with pro-market principles. Additionally, the chapter explores the broader impacts of these changes on individual identity and societal values amidst the rise of competitive individualism.

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