General Discussion
In reply to the discussion: A very revealing article about the libertarian take over of the Democratic [View all]HereSince1628
(36,063 posts)The DLC was created to turn southern economic gains into political gains that would mostly serve southern politicians.
That economically based political gain was rooted in policies and practices that had encouraged manufacturing to 'go south', and which by their very nature depended on politically friendliness to corporations and vice versa.
The DLC mostly took advantage of what already existed. They simply pushed the inflation of it from regional party policy to national party policy. And it didn't work so well nationally because the economics were dependent upon between-region economic and political asymmetries that weren't uniformly favorable across the nation.
The exploitation of the asymmetrical economic advantage of taking an industry south which began in the late 50's was almost over when the DLC rode into politics on the glory of the economic rise of the south.. At the time the DLC arose, American industry was already actively looking to create manufacturing colonies outside the country. The big successes of foreign auto and electronics manufacturers having opened their eyes.
Soon after the formal introduction of the DLC, it was very apparent to corporations that the greater asymmetries that would provide much greater profit opportunities were international. Jobs quit going south, they began seriously moving outside US borders. By the end of the Clinton administration, the DLC was deep into the rhetoric and policies of 'globalization'.