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Rise of Pelosi and transformation of the Democratic Party
This article tells the story of the rise of Pelosi in the historical context in which the Democratic Party was changing from a northern labor/Jim Crow coalition to the Wall Street creature that it is today.
"As Democrats went hunting for corporate cash, most of the industries they flirted with created backlash elsewhere in the coalition, often from labor or environmentalists. But Wall Street in the early 1980s wasn’t the beast it is today, and so the finance industry was a relatively inoffensive source of party cash."
Pelosi, with her fundraising prowess and the progressive values of San Francisco elites, was the person to lead the Democrats in Congress at that moment in its history.
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