This paper was delivered at the annual meetings of the Association for Evolutionary Economics in January (2-5) of 1998. It explores the platforms of the Democratic and Republican parties in the U.S., from the end of World War II until the early 1990s. The party platforms of both parties are studied to bring out the common themes and differences in the political economic ideology of both parties. The growing rightist drift of both political parties is noted as the nation moved from the Golden Age of U.S. capitalism (end of WW II until the early 1970s) to the Stagnant Era ( early 1970s to the present).
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