The Great Depression forced the United States to adopt policies at odds with its political traditions. This title looks at the background to the Depression, its social impact, and at the various governmental attempts to deal with the crisis.
One of the classic studies of the Great Depression, featuring a new introduction by the author with insights into the economic crises of 1929 and today. In the twenty-five years since its publication, critics and scholars have praised historian Robert McElvaine’s sweeping and authoritative history of the Great Depression as one of the best and most readable studies of the era. Combining clear-eyed insight into the machinations of politicians and economists who struggled to revive the battered economy, personal stories from the average people who were hardest hit by an economic crisis beyond their control, and an evocative depiction of the popular culture of the decade, McElvaine paints an epic picture of an America brought to its knees—but also brought together by people’s widely shared plight. In a new introduction, McElvaine draws striking parallels between the roots of the Great Depression and the economic meltdown that followed in the wake of the credit crisis of 2008. He also examines the resurgence of anti-regulation free market ideology, beginning in the Reagan era, and argues that some economists and politicians revised history and ignored the lessons of the Depression era.
Provides irrefutable evidence that not only did government interference with the market cause the Great Depression (and our current economic collapse), but Herbert Hoover's and Franklin Delano Roosevelt's big government policies afterwards made it much longer and much worse.--From publisher description.
Experts on the 1930s address the changing historical interpretations of a critical period in American history. Following a decade of prosperity, the Great Depression brought unemployment, economic ruin, poverty, and a sense of hopelessness to millions of Americans. President Franklin D. Roosevelt's New Deal programs aimed to bring relief, recovery, and reform to the masses. The contributors to this volume exlore how historians have judged the nature, effects, and outcomes of the New Deal.
"The alliance of the industrial labor movement with the Democratic Party under Franklin D. Roosevelt has, perhaps more than any other factor, shaped the course of class relations in the United States over the ensuing forty years. Much has been written on the interests that were thereby served, and those that were coopted. In this detailed examination of the strategies pursued by both radical labor and the capitalist class in the struggle for industrial unionism, David Milton argues that while radical social change and independent political action were traded off by the industrial working class for economic rights, this was neither automatic nor inevitable. Rather, the outcome was the result of a fierce struggle in which capital fought labor and both fought for control over government labor policy. And, as he demonstrates, crucial to the outcome was the specific nature of the political coalitions contending for supremacy. In analyzing the politics of this struggle, Milton presents a fine description of the major strikes, beginning in 1933-1934, that led to the formation of the CIO and the great industrial unions. He looks closely at the role of the radical political groups, including the Communist Party, the Trotskyists, and the Socialist Party, and provides an enlightening discussion of their vulnerability during the red-baiting era. He also examines the battle between the AFL and the CIO for control of the labor movement, the alliance of the AFL with business interests, and the role of the Catholic Church. Finally, he shows how the extraordinary adeptness of President Roosevelt in allying with labor while at the same time exploiting divisions within the movement was essential to the successful channeling of social revolt into economic demands."--Amazon.com viewed November 16, 2020
Franklin D. Roosevelt, consensus choice as one of three great presidents, led the American people through the two major crises of modern times. The first volume of an epic two-part biography, Franklin D. Roosevelt: Road to the New Deal, 1882-1939 presents FDR from a privileged Hyde Park childhood through his leadership in the Great Depression to the ominous buildup to global war. Roger Daniels revisits the sources and closely examines Roosevelt's own words and deeds to create a twenty-first century analysis of how Roosevelt forged the modern presidency. Daniels's close analysis yields new insights into the expansion of Roosevelt's economic views; FDR's steady mastery of the complexities of federal administrative practices and possibilities; the ways the press and presidential handlers treated questions surrounding his health; and his genius for channeling the lessons learned from an unprecedented collection of scholars and experts into bold political action. Revelatory and nuanced, Franklin D. Roosevelt: Road to the New Deal, 1882-1939 reappraises the rise of a political titan and his impact on the country he remade.
The Great Depression and the New Deal. For generations, the collective American consciousness has believed that the former ruined the country and the latter saved it. Endless praise has been heaped upon President Franklin Delano Roosevelt for masterfully reining in the Depression’s destructive effects and propping up the country on his New Deal platform. In fact, FDR has achieved mythical status in American history and is considered to be, along with Washington, Jefferson, and Lincoln, one of the greatest presidents of all time. But would the Great Depression have been so catastrophic had the New Deal never been implemented? In FDR’s Folly, historian Jim Powell argues that it was in fact the New Deal itself, with its shortsighted programs, that deepened the Great Depression, swelled the federal government, and prevented the country from turning around quickly. You’ll discover in alarming detail how FDR’s federal programs hurt America more than helped it, with effects we still feel today, including: • How Social Security actually increased unemployment • How higher taxes undermined good businesses • How new labor laws threw people out of work • And much more This groundbreaking book pulls back the shroud of awe and the cloak of time enveloping FDR to prove convincingly how flawed his economic policies actually were, despite his good intentions and the astounding intellect of his circle of advisers. In today’s turbulent domestic and global environment, eerily similar to that of the 1930s, it’s more important than ever before to uncover and understand the truth of our history, lest we be doomed to repeat it.
This book provides a history of the New Deal, exploring the institutional, political, and cultural changes experienced by the United States during the Great Depression.