Social and Behavioral Sciences Commons^™

Organizing Markets: The Structuring Of Neoliberalism In The U.S. Airline Industry, Dustin Robert Avent-Holt

Open Access Dissertations

This dissertation examines the emergence of neoliberalism through an historical analysis of the evolution of the U.S airline industry. In 1938 the basic economic activities of U.S. airlines were placed under the regulatory oversight and control of the Civil Aeronautics Board. This institution of "regulated competition" persisted largely unquestioned until the economic crisis of the 1970s. Out of this crisis the Airline Deregulation Act was passed in 1978, eliminating most of these economic controls. Based on analysis of Congressional hearings, a key industry trade press (Air Transport World), the general business press, and financial and labor market data on the …