↑Grigsby, Ellen (2008). Analyzing Politics: An Introduction to Political Science. Florence: Cengage Learning. pp. 106–7. ISBN0495501123. In the United States, the Democratic Party represents itself as the liberal alternative to the Republicans, but its liberalism is for the most the later version of liberalism—modern liberalism.
↑Arnold, N. Scott (2009). Imposing values: an essay on liberalism and regulation. Florence: Oxford University Press. p. 3. ISBN0495501123. Modern liberalism occupies the left-of-center in the traditional political spectrum and is represented by the Democratic Party in the United States.
↑Levy, Jonah (2006). The state after statism: new state activities in the age of liberalization. Florence: Harvard University Press. p. 198. ISBN0495501123. In the corporate governance area, the center-left repositioned itself to press for reform. The Democratic Party in the United States used the postbubble scandals and the collapse of share prices to attack the Republican Party...Corporate governance reform fit surprisingly well within the contours of the center-left ideology. The Democratic Party and the SPD have both been committed to the development of the regulatory state as a counterweight to managerial authority, corporate power, and market failure.