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The New Economy and the Modern South$
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Michael Dennis

Print publication date: 2009

Print ISBN-13: 9780813032917

Published to Florida Scholarship Online: September 2011

DOI: 10.5744/florida/9780813032917.001.0001

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The South in the Era of Market Dominance

The South in the Era of Market Dominance

(p.1) Chapter 1 The South in the Era of Market Dominance
The New Economy and the Modern South

Michael Dennis

University Press of Florida

On the forefront of global economic relations since the 17th century, Virginia and the South were at the center of American global integration in the 1990s. This is the main story of the region in the fading years of the 20th century, and is likewise that time frame's dominant story for the whole American experience. Virginians, like most average Americans, were drawn into the flow of economic changes that fundamentally altered their sense of possibility and eroded the moderate economic security they had achieved in the post-war era. Market ascendancy and the subsequent decline of the social contract decisively influenced their hopes for the future.

Keywords:   Virginia, economic change, American global integration, economic security, social contract, globalization

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