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- W2994395082 abstract "In January 2010, the US president presented a financial reform plan that was more aggressive than anything he had previously offered. Instead of seeking to shore up the banking industry, he seemed eager to shake it up. How should we understand this shift? Most explanations have focused on domestic politics, suggesting that Obama began listening to a different faction in the White House or tried to ride a tide of populist anger among voters. But evidence suggests the president’s new proposal was aimed as much at an international as at a national audience. It was designed to not only bolster his domestic base, but also to reclaim for the US a domination position in the global political economy. In other words, Obama was trying to win back hegemony. In doing so, the president abandoned neo-liberalism, an approach that had become discredited among allies in Europe and Japan. Instead, he adopted retro-liberalism." @default.
- W2994395082 created "2019-12-13" @default.
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- W2994395082 date "2014-07-01" @default.
- W2994395082 modified "2023-09-26" @default.
- W2994395082 title "Hoping for Hegemony: Why Obama Changed Direction on Financial Reform and Embraced Retro-Liberalism" @default.
- W2994395082 hasPublicationYear "2014" @default.
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