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Freedom to HarmThe Lasting Legacy of the Laissez Faire Revival$
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Thomas O. McGarity

Print publication date: 2013

Print ISBN-13: 9780300141245

Published to Yale Scholarship Online: October 2013

DOI: 10.12987/yale/9780300141245.001.0001

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Conclusions

Conclusions

Chapter:
(p.286) 19 Conclusions
Source:
Freedom to Harm
Author(s):

Thomas O. McGarity

Publisher:
Yale University Press
DOI:10.12987/yale/9780300141245.003.0020

This chapter focuses on the modest regulatory reforms of the Obama Administration and the Democratic 111th Congress, which were having little positive impact on working-class Americans at the outset of the 2010 election cycle. If the business community was heartened by President Obama's overtures following the 2010 elections, progressive activists were deeply disappointed. The patch-and-repair reforms that Congress enacted in response to specific crises of the late 2000 have the potential to bring about substantial improvements, but they do not represent comprehensive change. Comprehensive change will come only when enough people have accepted a new vision of the American future to replace the failed laissez faire minimalist ideology and are persuaded that alternative institutional arrangements and fresh substantive approaches will adequately protect their health, safety, and pocketbooks.

Keywords:   regulatory reforms, Obama Administration, 111th Congress, election cycle, business community, President Obama

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