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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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PRINTED FROM FLORIDA SCHOLARSHIP ONLINE (www.florida.universitypressscholarship.com). (c) Copyright University Press of Florida, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in FLASO for personal use.date: 03 August 2021

Virginia Is for Business

Virginia Is for Business

Selling the Commonwealth in the Competition Era

(p.164) Chapter 6 Virginia Is for Business
The New Economy and the Modern South

Michael Dennis

University Press of Florida

While a resurgent labor movement made news in a state where unions were supposedly moribund, it was business that dominated the political and social landscape of the 1990s. Although Virginia and the South paralleled the national mood, the business agenda was intensely concentrated in the region. If anything, the unfettered free market doctrine made its comeback in this region, albeit under the aegis of the new era of global integration. Despite the attention paid to Silicon Valley as the symbol of New Economy bravado, the South offered the most fertile terrain for the idea that an unrestricted free market offered the solution to American decline. What emerged in Virginia was not simply a haven for technological wizardry but an ideology of market fundamentalism in which corporate giveaways figured prominently.

Keywords:   free market, global integration, market fundamentalism, New Economy

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