The 2000s (American Popular Culture Through History) by Bob Batchelor

By Bob Batchelor

Welcome to popular culture 2.0. within the 2000s, new release publicity, emerged from the wedding of latest know-how and the nation's obsession with superstar. Social media expertise, akin to MySpace, YouTube, fb, and numerous blogs, gave everyman a voice and a public character that they can percentage with pals around the road or worldwide. without notice, it was once no longer sufficient to mimic Britney Spears or Paris Hilton, expertise gave every person a platform to release their very own quarter-hour of reputation. The fixation on self and star acted as a diversion from extra severe demanding situations the country confronted, together with President George W. Bush's warfare on Terror. The wars in another country sharply divided the rustic, after a second of nationwide team spirit after the terrorist assaults on September 11, which took away one of many world's such a lot recognizable structures. The period witnessed rates of interest losing to old lows, yet later subprime turned essentially the most searched phrases on Google because the kingdom teetered on recession. tremendous was once in like by no means sooner than and all at once humans national might purchase or construct their very own McMansion-a slice of the yank dream. whereas supersized houses and speedy meals nutrients turned ordinary, the electronics and transportation advances proved that good stuff got here in more and more smaller programs. Apple's iPod reinvented how humans interacted with track, hybrids replaced techniques on gas potency as a gallon of fuel crowned $3. cellphones utilization ballooned in our continuously on society, whereas bodily shrinking to the dimensions of a deck of playing cards. sure, me-centric popular culture 2.0, which the pundits anticipated may a few day arrive, burst onto the scene and finally reworked the best way we engage with each other and the area round us.Chapters contained in the most up-to-date quantity within the American pop culture via historical past sequence discover a number of facets of pop culture, together with advertisements, literature, rest actions, song visible arts, and go back and forth. Supplemental assets contain a timeline of significant occasions, rate comparisons, and an in depth bibliography for extra interpreting.

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Prominent black leaders, such as Jesse Jackson and Al Sharpton put too much faith in the political process. Like the American labor movement, African Americans since the 1960s have been co-opted by the Democrats, virtually handing over power to an organization that is more concerned with winning office than standing up for ideals. There is merit in sustained voter registration drives and raising money for candidates, but these tactics have not brought racism to the forefront. Because politicians are predominantly concerned with getting elected rather than defending principles, it seems unlikely that the leadership needed in today’s conditions will come from an African American senator or congressperson, even the wildly popular Barack Obama, who won the Democratic nomination for president.

39 At the heart of Enron’s criminal activity was the deliberate manipulation of company stock to make the company more valuable on paper than in reality. Top executives then sold millions of dollars of essentially worthless stock for profit, when they knew the price was a sham. The unfortunate aspect of every underhanded financial plot is that someone is left holding the bag. In this case, it turned out to be Enron employees and investors. The Enron scandal serves as the most shocking downfall in an era of high-profile corporate collapses.

40 The outcome of Enron and other corporate shenanigans is that the public and government officials are less likely to give business leaders a free pass. In March 2008, the House Oversight and Government Reform Committee called to task executives largely responsible for the real estate bust for their roles in the crisis. Chief executives testifying before the committee included Angelo Mozilo of Countrywide Financial, Stanley O’Neal formerly of Merrill Lynch, and Charles Prince formerly of Citigroup.

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