Chapter

Virginia Is for Business

Michael Dennis

in The New Economy and the Modern South

Published by University Press of Florida

Published in print January 2009 | ISBN: 9780813032917
Published online September 2011 | e-ISBN: 9780813038407 | DOI: http://dx.doi.org/10.5744/florida/9780813032917.003.0006
Virginia Is for Business

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While a resurgent labor movement made news in a state where unions were supposedly moribund, it was business that dominated the political and social landscape of the 1990s. Although Virginia and the South paralleled the national mood, the business agenda was intensely concentrated in the region. If anything, the unfettered free market doctrine made its comeback in this region, albeit under the aegis of the new era of global integration. Despite the attention paid to Silicon Valley as the symbol of New Economy bravado, the South offered the most fertile terrain for the idea that an unrestricted free market offered the solution to American decline. What emerged in Virginia was not simply a haven for technological wizardry but an ideology of market fundamentalism in which corporate giveaways figured prominently.

Keywords: free market; global integration; market fundamentalism; New Economy

Chapter.  16423 words. 

Subjects: History of the Americas

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