“Neocon Globalist” Aspects of the Reagan Administration

updated November 15, 2011


This article explains aspects of “Neoconservative” and “Neoliberal” agendas of the Presidential Administration of Ronald Reagan.

Much covert military activity occurred during Reagan's Administration in Central America and the Middle East associated with the Iran-Contra Scandal among other covert operations.

Reagan ushered in a new Neoliberal age with Reaganomics— supply-side economics with policies that appealed to producers rather than consumers. Reaganomics is also associated with reductions of government regulation of the economy, and government control of the money supply to reduce inflation.

During Reagan's presidency the economy recovered and grew, unemployment dropped and inflation decreased— but the policies vastly increased the wealth of the top 10 percent of American Families while at the same time also greatly decreasing the incomes of the bottom 10 percent.

This page is part of a larger article A Summary of Long Term “Neocon Globalist” Agendas of the Global Elite.




Ronald Reagan Neoconservative Agendas

Much covert military activity occurred during Reagan's Administration in Central America and the Middle East associated with the Iran-Contra Scandal among other covert operations.





















Ronald Reagan Neoliberal Agendas

Reagan ushered in a new Neoliberal age with Reaganomics— supply-side economics with policies that appealed to producers rather than consumers. Reaganomics is also associated with reductions of government regulation of the economy, and government control of the money supply to reduce inflation.

During Reagan's presidency the economy recovered and grew, unemployment dropped and inflation decreased— but the policies vastly increased the wealth of the top 10 percent of American Families while at the same time also greatly decreasing the incomes of the bottom 10 percent.



From Skeptically.org:

“The rise of this wave of neoliberalism culminated with the Reagan government in the United States and that of Margaret Thatcher in Britain. The Reagan and Thatcher governments not only shifted their own countries' policies toward laissez-faire but used their control of the major Bretton Woods institutions to impose their policies on the rest of the world. For this reason, some regard neoliberalism as synonymous with the 'Washington Consensus,' the dominant policy view at the International Monetary Fund (IMF), the World Bank, and the U.S. Treasury at the end of the twentieth century and the start of the twenty-first. A major axiom of the neoliberal school is that (to quote Thatcher) 'There Is No Alternative' to globalized capitalism. This slogan is often abbreviated as 'TINA.' “In the late 1980s and early 1990s neoliberal policies had been embraced by the conventionally-defined center-left, as Bill Clinton of the United States backed the North American Free Trade Agreement. Free trade was seen as essential to his economic program, which promoted the creation of technology and intellectual property rights as the means by which America would be able to reduce or manage its persistent balance of trade deficit. Some centre-left neoliberal economists argued that protectionism is not a left or right issue, but an issue of asymmetry, and therefore a general cause for concern...”

From “A Short History of Neoliberalism,” by Susan George:

“Over the decade of the 1980s, the top 10 percent of American families increased their average family income by 16 percent, the top 5 percent increased theirs by 23 percent, but the extremely lucky top 1 percent of American families could thank Reagan for a 50 percent increase. Their revenues went from an affluent $270.000 to a heady $405.000. As for poorer Americans, the bottom 80 percent all lost something; true to the rule, the lower they were on the scale, the more they lost. The bottom 10 percent of Americans reached the nadir: according to Phillip's figures, they lost 15% of their already meagre incomes: from an already rock-bottom average of $4.113 annually, they dropped to an inhuman $3.504. In 1977, the top 1 percent of American families had average incomes 65 times as great as those of the bottom 10 percent. A decade later, the top 1 percent was 115 times as well off as the bottom decile.”