1. Chapter 27
Globalization and its Discontents

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

3. 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

4. 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

5. 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

6. Bill Clinton

7. 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

8. 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

9. 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

10. 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

11. 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

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

13. 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!

14. 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

15. 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

16. 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

17. 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

18. 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

19. 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

20. Eastern Europe after the Cold War • pg. 1075

21. The Presidential Election of 1992 • pg. 1078

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

23. The Presidential Election of 2000 • pg. 1107

24. Figure 27.1 • pg. 1089

25. Figure 27.2 • pg. 1094

26. Figure 27.3 • pg. 1102

27. Figure 27.4 • pg. 1103

28. Table 27.1 • pg. 1091

29. Table 27.2 • pg. 1097