The Conservative Revolution Flashcards

(19 cards)

1
Q

The golden age of capitalism

A

The money is not just going up. Strong economic growth, low unemployment and rising living standards, largely supported by Keynesian economics policies.

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2
Q

Keynesianism and John Maynard Keynes

A

Economic theory promoting government spending to stimulate demand and avoid recession; dominated the US policy after WW2 till 1970

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3
Q

Lyndon B. Johnson and the great Society

A

LBJ’s ambitious liberal reform program aimed to ending poverty and racial injustice. Include Medicare, civil rights laws, and education funding but was overshadowed by the Vietnam war

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4
Q

Neoliberalism and Friedrich Hayek

A

Economic philosophy favoring free markets, privatization, and limited government. Hayek’s The road to serfdom warned that state control leads to tyranny

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5
Q

Jerry Falwell

A

Evangelical preacher who founded the moral majority. , Mobilizing conservative Christians into politics and fueling the religious right.

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6
Q

Young Americans for freedom

A

A youth conservative group formed in 1960, supporting limited government, free enterprise, and anti-communism; helped energize the conservative movement.

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7
Q

Barry Goldwater

A

1964 republican candidate who opposed civil rights legislation and big government. Lost badly but inspired a new wave of conservatism

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8
Q

Stagflation

A

Economic crisis of the 1970s with stagflation growth and high inflation challenged Keynesian models and paved the way for conservative, free- market policies.

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9
Q

Richard Nixon

A

Republican president 1969-74 who appealed to the “silent majority.” Watergate scandal led to his registration

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10
Q

The Plumbers and Daniel Ellsberg

A

Nixon secret unit to stop leaks like the Pentagon Papers, released by Daniel Ellsberg, revealing IS deception in Vietnam

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11
Q

Watergate

A

Break-in at DNC headquarters, followed by Nixon cover-up. Exposed by journalists Woodward and Bernstein. Led to Nixon Resignation in 1974.

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12
Q

Jimmy Carter

A

Democratic president 1977-81. Seen as ineffective during economic turmoil and the Iran hostage policy.

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13
Q

Iran hostage crisis

A

US embassy staff held hostage in Iran -979-81. Made Carter look weak; Reagan benefited politically.

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14
Q

Ronald Regan

A

Former actor and governor of California; elected president in 1980. Became the face of modern conservatism.

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15
Q

Reaganomics ( Supply-side or trickle-down )

A

economic policy of tax cuts for the wealthy, deregulation, and cutting social spending. Critics said it worsened inequality.

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16
Q

PATCO strike

A

Reagan fired over 11,000 air traffic controllers in 1981. Weakened unions and signaled a shift in labor relations.

17
Q

Morning vs. Midnight in America

A

Reagan campaign ad painted a rosy picture of American renewal (“Morning”). Critics like Bruce Springsteen (in Born in the USA) showed economic pain and decline (“ A dead Man’s Town”)

18
Q

How did the roots of the conservative movement form in the postwar era? How did they come to gather to emerge victorious in the 1980?

A

Reaction to new deal liberalism, fear of communism, religious revival, and backlash to 60s social changes
- 1970 crises (stangflarion, watergate) discredited liberals.
- Movements of moral major, hayek, leaders build conservative era.
- Reagan united economic conservatives, social conservatives, and anti-communists in 1980

19
Q

What were president Ronald Reagan economic policies? What impact did they have on the US? Did they produce morning/midnight America?

A

Tax cuts, deregulation, reduced social spending.
Short term economic recovery but massive deficits, growing inequality, and de industrialization.