The 1920s: The Rise of Consumer Culture
Burt Saxon
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LAISSEZ-FAIRE CONSERVATIVE
Historians who write from this perspective support a variety of conservative positions. Most tend to support unrestrained capitalism, arguing that the “invisible hand” of a market economy will result in the common good much more often than will government intervention in the economy. These historians see a limited role for the government except in areas such as national defense and education. At this point in history, many laissez-faire conservatives favor a strong defense posture for the U.S.—a reversal of earlier conservatives’ isolationist tendencies.
