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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

Only Yesterday

Only Yesterday

Hope and Disillusionment at the End of a Century

(p.265) Chapter 9 Only Yesterday
The New Economy and the Modern South

Michael Dennis

University Press of Florida

Dreams of Silicon prosperity dominated Virginia's public life in the 1990s, but they failed to answer nagging questions about the economic hardship that so many Virginians faced. The rhetoric of growth through competitiveness and survival through retraining did not alleviate the sinking feeling of insecurity that gripped so many. Some southerners were organizing against unrestricted global capitalism, rejecting the claim that an unfettered marketplace distributed equal benefits to all. The intricacies of the WTO debate are of less concern here than the fact that Virginians and southerners joined street protests. Altogether, the actions against the WTO and in 2000 against the IMF illustrated the persistence of democratic sensibilities in an era of market triumphalism. Southerners did not dominate the movement, but their participation suggested the limits of Sunbelt South mythology.

Keywords:   Virginia, economic hardship, World Trade Organization, competitiveness, global capitalism

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