Return of the Market

Daniel Rodgers is Professor of History at Princeton University and a former Fellow at the Woodrow Wilson Center.

The history of ideas suggests that a revived idea is almost always a changed one. American society in the 19th century was marked by an allegiance to free-market ideology. It was felt that free-market forces would harmonize the disparate elements of society. In the late 20th century free-market ideology underwent a political revival. The effects this time may be different. Daniel Rodgers explains.