First Annual Judith S. Stein Lecture in Political Economy -- Nelson Lichtenstein on “A Fabulous Failure: Managing American Capitalism during the Clinton Presidency," Oct. 26, 2022

Jonathan Sassi's picture
October 26, 2022
New York, United States
Subject Fields: 
American History / Studies, Economic History / Studies, Labor History / Studies, Political History / Studies, Public Policy

The Ph.D. Program in History at the City University of New York (CUNY) Graduate Center invites you to The First Annual Judith S. Stein Lecture in Political Economy.

Nelson Lichtenstein on “A Fabulous Failure: Managing American Capitalism during the Clinton Presidency”

Wednesday, October 26, 2022, 5:00-7:00 p.m.

The event will take place in person in the William P. Kelly Skylight Conference Room (9th Fl.) at the CUNY Graduate Center, 365 Fifth Ave., New York, NY.  It will also be livestreamed via Zoom.

RSVP to and indicate in-person or online attendance.


Abstract: When Bill Clinton became president, his campaign’s catch phrase, “The Economy, Stupid” encapsulated a commitment to the rejuvenation and transformation of the U.S. economy, especially in a world where many liberals saw Japan and Germany as the true post-Cold War victors. One policy path led toward “industrial policy,” embodied in the effort to transform the American system of health provision and “manage” trade with Japan. Both gambits failed because those industry sectors upon which Clinton liberals had banked were no match for the power of Wall Street and an increasingly radicalized Republican opposition. The door was therefore open to the neoliberalism, both global and domestic, that has come to characterize the Clinton era.

The lecture anticipates the publication in Fall 2023 of Nelson Lichtenstein and Judith Stein, A Fabulous Failure: The Clinton Presidency and the Transformation of American Capitalism (Princeton University Press).

Nelson Lichtenstein is Distinguished Professor of History and Director, Center for the Study of Work, Labor and Democracy, University of California, Santa Barbara.  He is the author or editor of numerous books, including a biography of Walter Reuther, a history of Walmart, and studies of the New Deal.

Judith Stein (1940-2017) was Distinguished Professor of History, City College of New York and The Graduate Center, CUNY.  Her publications include The World of Marcus Garvey: Race and Class in Modern Society (1986), Running Steel, Running America: Race, Economic Policy, and the Decline of Liberalism (1998), and Pivotal Decade: How the United States Traded Factories for Finance in the Seventies (2011).

Contact Info: 

Jonathan D. Sassi, Acting Executive Officer

Ph.D. Program in History, CUNY Graduate Center

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