A really good review from a Marxist scholar.

http://www.ft.com/intl/cms/s/2/78988834-1712-11e4-b0d7-00144feabdc0.html

Financial Times August 1, 2014 5:35 pm

‘The Invisible Bridge: The Fall of Nixon and the Rise of Reagan’, by 
Rick Perlstein

Review by Christopher Phelps

How American conservatism regained confidence after the debacle of Watergate

The opening backdrop to Rick Perlstein’s The Invisible Bridge is 1974, 
when Americans reeled from humiliation in Vietnam, the shambles of 
Watergate, an Arab petroleum embargo and “stagflation” – a recession 
combining high unemployment with high inflation, deeply frustrating to 
policy makers habituated to Keynesian pump-priming as a cure-all for 
capitalist disequilibrium.

Forty years ago next week, on August 8, came the Republican shipwreck of 
President Richard Nixon resigning to fend off impeachment. His feckless 
successor Gerald Ford was bested two years later by Jimmy Carter, who 
rose from national obscurity to enter the White House with Democratic 
majorities in both houses of Congress. Few then would have predicted 
that so conservative a Republican as Ronald Reagan would soon occupy the 
Oval Office.

The Invisible Bridge places the pivotal turnabout of conservative 
fortunes well before 1980. It might indeed just as well have been given 
the title 1976, since the better half is devoted to a fascinating 
pointillist rendering of that year’s now-forgotten primary race, when 
Reagan came within a millimetre of deposing the Ford-led moderate 
Republican establishment.

By the mid-1970s, unsparing national self-examination over Vietnam and 
Watergate was meeting a pushback from a nostalgia-laced conservatism 
that focused animus on government itself. The bicentennial year saw a 
renascent American patriotism – one no longer defined in the slightest 
by the antagonism towards Britain that fuelled it two centuries before. 
(Among the priceless details Perlstein relays is Ford’s use of 
invitations to a state dinner at the White House with Queen Elizabeth as 
inducement to key party delegates to remain loyal.)

This book extends Perlstein’s saga of the American right, the earlier 
instalments being Before the Storm (2001), on Barry Goldwater’s races of 
1960 and 1964, and Nixonland (2008). A left-liberal historian and 
journalist whose formative years were in the 1980s, Perlstein remains 
permanently impressed by conservatism’s power and finesse. Despite a 
tone of whimsical mockery in places, The Invisible Bridge is, if 
anything, overly awestruck at the US right’s self-actualisation, its 
will to power and will to believe.

So deft is the portrayal of Reagan’s personal magnetism, for example, 
that the reader somehow roots for him to win even as the future 
president is portrayed as a self-seeking propagator of fiction. The book 
ends with Reagan’s exit stage right at the 1976 Republican National 
Convention. Ford’s defeat by Carter is still to come; only such a 
peculiar cropping allows for the moment to be a picture of rightwing 
success, although Perlstein certainly has a point in seeing Reagan’s 
near-miss as initiating the enthusiasms that would carry him over the 
top four years later.

So heavily reliant is The Invisible Bridge on quotations from the 
writings of journalists past that it can have the feel of pastiche. Like 
the best of the journalists he quotes, Perlstein has an eye for telling 
detail, understands the potency of American regionalism, and is shrewd 
about electoral technique and rhetoric. He vividly captures 
personalities, and his biographical chapter on Reagan is an especially 
masterful distill­ation. He is empathetic in entering into his subjects’ 
perspectives, gifted at recounting the sheer bizarreness of history’s 
twists and turns.

There is also repetitiousness, a paucity of explan­ation, long stretches 
of tedium particularly around the year 1975, and inelegant grammatical 
tics such as a fondness for sentence fragments beginning with the word 
“which”. (Which can be annoying. Which an editor ought to have fixed.)
For Perlstein, the real excitement of politics is in campaigning. His 
accounts of legislation and policy are few, and his description of 
Watergate, though lively, is inadequate. The Invisible Bridge brings 
precious few archival findings to light. Only sporadically is its 
attention directed to the movements and interests that shape political 
outcomes from outside, such as the corporate boardrooms so pivotal to 
the Republican shift of the 1970s. It is as if a time capsule arrived 
containing old issues of Time magazine, full of the antics of streakers, 
serial murderers, The Exorcist and the Symbionese Liberation Front but 
short on the inner workings of the power elite.

Still, there is courage and insight in Perlstein’s analysis of how the 
Nixon administration built up the “POW/MIA” issue – the idea that some 
of those American soldiers reported missing in action in southeast Asia 
languished in communist dungeons. Although no evidence has since emerged 
that any such prisoners-of-war remained captive after the US withdrawal, 
the author sees in the issue an invisible bridge from the Vietnam 
debacle to Reagan’s militaristic assertiveness. Reagan’s apologetics for 
Watergate, well catalogued by Perlstein, are equally revealing, and he 
is correct to perceive them as strength rather than weakness – for what 
better way to bury Watergate than to deny it?

Why, though, did the radical and liberal idealisms of the 1960s 
dissipate so swiftly? Could a shrewder left-of-centre positioning have 
fended off Reagan, or did Keynesianism’s quandary make that impossible? 
Perhaps more analysis, more explanation, of the great right turn will 
grace Perlstein’s next blockbuster – sure to be worth the price of 
admission – on the inevitable topic of Reagan’s 1980 victory.

Christopher Phelps is a senior lecturer in American Studies at the 
University of Nottingham
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