Chapter 27 Globalization and its Discontents 1989-2000

I. The Battle of Seattle and Anti-globalization The World Trade Organization (WTO) meeting disrupted by protestors, 1999.

II. The Post–Cold War World The Crisis of Communism Tiananmen Square demonstration, China 1989 Germany reunified in 1990 Velvet Revolution By December 1991, the Soviet Union ceased to exist

II. The Post–Cold War World (con’t) The Gulf War Bush attacked when Saddam Hussein invaded Kuwait in 1990 “Operation Desert Storm” pushed Iraqis back to their border

II. The Post–Cold War World (con’t) The Election of Clinton The recession in 1991 helped Bill Clinton win election Eccentric Texas billionaire Ross Perot ran as 3rd Party Candidate, pulled votes away from Bush

Bill Clinton 1993-2001

II. The Post–Cold War World (con’t) Clinton in Office First two years, Clinton more liberal than he would be later on Clinton supported free trade NAFTA Opponents said it would send jobs out of US

II. The Post–Cold War World (con’t) The Health Care Fiasco Major policy initiative: universal health care, with Hillary in charge Failed to get support in Congress The “Freedom Revolution” In 1994, Republicans won both Houses of Congress Newt Gingrich and the Contract with America

II. The Post–Cold War World (con’t) Triangulation Clinton campaigned against a strongly conservative Congress Clinton signed into law a Republican bill that abolished welfare Clinton easily defeated Republican Bob Dole in 1996 election

III. A New Economy? The Computer Revolution World Wide Web gets big Dot Com companies take off Stock market boomed (like in 1929…) The bubble burst on April 14, 2000, when stocks suffered their largest one-day drop in history

III. A New Economy? (con’t) The Enron Syndrome Stock boom of the 1990s had been fueled in part by fraud Enron, WorldCom, many others The sectors of the economy most affected by the scandals—energy, telecommunications, and stock trading—had all been subjects of deregulation

III. A New Economy? (con’t) Rising Inequality The boom that began in 1995 benefited nearly all Americans But in the larger picture, from 1980-2000, the poor and middle class became worse off while the rich became significantly richer

III. A New Economy? (con’t) NAFTA continued to shift economy away from manufacturing High-tech firms did not create enough high-paying jobs to compensate In 2000, well over half the labor force worked for less than $14 per hour!

IV. Culture Wars The Newest Immigrants Multiculturalism Post-1965 immigration caused by globalization (a worldwide phenomenon) Latinos formed the largest single immigrant group Multiculturalism “Multiculturalism” became the term for a new awareness of the diversity of American society

IV. Culture Wars (con’t) The Spread of Imprisonment Blacks, compared to other Americans, had an extremely high rate of imprisonment A “prison-industrial complex” emerged Over 1/4 of all black men could expect to serve time in prison Blacks were also more likely than whites to be executed

IV. Culture Wars (con’t) Cultural Conservatism The culture wars were battles over moral values that raged throughout the 1990s Pat Robertson and the Christian Coalition “Family Values” in Retreat The 2000 census “family values” increasingly in disarray

IV. Culture Wars (con’t) The Anti-Government Extreme At the radical fringe of conservatism, private militias Gun ownership An Oklahoma federal building was bombed by Timothy McVeigh in 1995

V. Impeachment and the Election of 2000 The Impeachment of Clinton From the day he took office, Clinton was challenged by charges of misconduct Whitewater Paula Jones Monica Lewinsky

V. Impeachment and the Election of 2000 (con’t) The Disputed Election The 2000 election was between Al Gore and George W. Bush The election proved to be one of the closest in the nation’s history Florida As in 1877, it fell to Supreme Court justices to decide the outcome

Eastern Europe after the Cold War • pg. 1075

The Presidential Election of 1992 • pg. 1078

Maps of Diversity, 2000 • pg. 1092 Maps of Diversity, 2000

The Presidential Election of 2000 • pg. 1107

Figure 27.1 • pg. 1089

Figure 27.2 • pg. 1094

Figure 27.3 • pg. 1102

Figure 27.4 • pg. 1103

Table 27.1 • pg. 1091

Table 27.2 • pg. 1097