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A political realignment is a set of sharp changes in party related ideology, issues, leaders, regional bases, demographic bases, and/or the structure of powers within a government. Often also referred to as a critical election , critical realignment , or realigning election , in the academic fields of political science and political history .
"A basic realignment occurred in the relations between social forces and political institutions, often including but not limited to the political party system." "The prevailing ethos promoting reform in the name of traditional ideals was, in a sense, both forward-looking and backward-looking, progressive and conservative."
Changes in political power (or realignment) Voters change their political views based on the performance of the party and vote differently. Economic changes cause shifts in power—since political parties are subordinate to campaign donations, which mostly come from wealthy investors and corporations. 1932 United States presidential election
Building New Deal Liberalism: the Political Economy of Public Works, 1933–1956 (2005) Sundquist, James L. Dynamics of the Party System: Alignment and Realignment of Political Parties in the United States (1983) Taylor, Nick. American-Made: The Enduring Legacy of the WPA: When FDR Put the Nation to Work (2008) comprehensive history; 640pp excerpt
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The United States experienced another period of political realignment in the 1850s. The Whigs collapsed as a national party due to sectional tensions regarding slavery. The Republican Party and the American Party both sought to succeed the Whigs as the main opposition to the Democratic Party, and the Republicans eventually became the most ...
The Panic of 1893 was an economic depression in the United States. It began in February 1893 and officially ended eight months later, but the effects from it continued to be felt until 1897. [ 1 ] It was the most serious economic depression in history until the Great Depression of the 1930s.
Within economics, the historically informed work of Douglass North, [92] and Daron Acemoglu and James A. Robinson, [93] is seen as partly responsible for the disciple's renewed interest in political institutions and the historical origins of institutions and hence for the revival of the tradition of institutional economics.