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American Economic Policy from the Revolution to the New Deal

American Economic Policy from the Revolution to the New Deal
Author: William Letwin
Publisher: Routledge
Total Pages: 495
Release: 2017-07-12
Genre: Business & Economics
ISBN: 135153274X

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The documents in this volume reflect the great debates that have shaped this country's economic life. Covering a wide variety of problems, they show how each was treated at a moment when it was politically urgent. Since they were efforts at persuasion, usually addressed to a wide audience, they are coherent and self-contained and avoid technical jargon. They therefore present clear and vivid evidence of what men have desired and hoped to achieve, and explain not only much that is critical about how Americans lived in the past but much also about the inheritance of the present. From the overwhelming mass of available documents, a representative group has been chosen here. Among the twenty-nine included are: Hamilton's Report on Manufactures, which helped set the American attitude on economic growth; Andrew Jackson's veto message on the bill to renew the charter of the Bank of the United States; the first annual report of the Interstate Commerce Commission, which put the railroads under federal regulation; William Jennings Bryan's famous Cross of Gold speech, which helped him win the Democratic nomination in 1896; the conclusions of the Pujo Committee's report on the money market, which were instrumental in setting up the Federal Reserve System; and key documents on the National Recovery Administration, one of Franklin D. Roosevelt's major moves in his fight against the depression. In his introductory essay, the editor summarizes the forces and movements that helped to make American economic policy "exceedingly confused and therefore very annoying to historians and economists," But, he insists, this very confusion reduced "the extremism and disorder potentially so great in the United States . . . to remarkable moderation."


A New Deal for the American People

A New Deal for the American People
Author: Roger Biles
Publisher:
Total Pages: 274
Release: 1991
Genre: History
ISBN: 9780875805542

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When Franklin D. Roosevelt promised "a new deal for the American people," he gave hope to millions of Americans impoverished by the Great Depression. The Roosevelt administration's relief programs, implemented in a period of crisis characterized by the "Black Friday" stock market crash, widespread bank failures, and massive unemployment, marked the turning point in the making of modern America. Yet in spite of extensive aid provided on federal and state levels, the enormity of the economic problems throughout the country left much of the president's pledge unfulfilled. In this interpretive overview, Roger Biles discusses the factors contributing to the Great Depression and analyzes the federal government's emerging role in public welfare. Focusing on various segments of society, he assesses New Deal programs in terms of their impact on the lives of the American people, including the working class, women, African Americans, and urban dwellers. While drawing on scholarship of the past twenty years, he offers fresh insights into the social effects of Roosevelt's policies and stimulates new thinking on the question of whether the reforms preserved the foundations of American federalism or represented a second American revolution. In conclusion Biles weighs the New Deal's successes and failures, both of which he finds to be part of the same story, "a story that can only be understood with an appreciation for the context of the Depression years." A New Deal for the American People explores that context with sensitivity. This clearly written and highly readable study will engage both specialists and general readers interested in a balanced account of one of the most important programs of twentieth-century America, Roosevelt's New Deal.


Beyond the New Deal Order

Beyond the New Deal Order
Author: Gary Gerstle
Publisher: University of Pennsylvania Press
Total Pages: 392
Release: 2019-11-29
Genre: History
ISBN: 0812296583

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Ever since introducing the concept in the late 1980s, historians have been debating the origins, nature, scope, and limitations of the New Deal order—the combination of ideas, electoral and governing strategies, redistributive social policies, and full employment economics that became the standard-bearer for political liberalism in the wake of the Great Depression and commanded Democratic majorities for decades. In the decline and break-up of the New Deal coalition historians found keys to understanding the transformations that, by the late twentieth century, were shifting American politics to the right. In Beyond the New Deal Order, contributors bring fresh perspective to the historic meaning and significance of New Deal liberalism while identifying the elements of a distinctively "neoliberal" politics that emerged in its wake. Part I offers contemporary interpretations of the New Deal with essays that focus on its approach to economic security and inequality, its view of participatory governance, and its impact on the Republican party as well as Congressional politics. Part II features essays that examine how intersectional inequities of class, race, and gender were embedded in New Deal labor law, labor standards, and economic policy and brought demands for employment, economic justice, and collective bargaining protections to the forefront of civil rights and social movement agendas throughout the postwar decades. Part III considers the precepts and defining narratives of a "post" New Deal political structure, while the closing essay contemplates the extent to which we may now be witnessing the end of a neoliberal system anchored in free-market ideology, neo-Victorian moral aspirations, and post-Communist global politics. Contributors: Eileen Boris, Angus Burgin, Gary Gerstle, Romain Huret, Meg Jacobs, Michael Kazin, Sophia Lee, Nelson Lichtenstein, Joe McCartin, Alice O'Connor, Paul Sabin, Reuel Schiller, Kit Smemo, David Stein, Jean-Christian Vinel, Julian Zelizer.


Building New Deal Liberalism

Building New Deal Liberalism
Author: Jason Scott Smith
Publisher: Cambridge University Press
Total Pages: 310
Release: 2006
Genre: Business & Economics
ISBN: 9780521828055

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Providing the first historical study of New Deal public works programs and their role in transforming the American economy, landscape, and political system during the twentieth century. Reconstructing the story of how reformers used public authority to reshape the nation, Jason Scott Smith argues that the New Deal produced a revolution in state-sponsored economic development. The scale and scope of this dramatic federal investment in infrastructure laid crucial foundations - sometimes literally - for postwar growth, presaging the national highways and the military-industrial complex. This impressive and exhaustively researched analysis underscores the importance of the New Deal in comprehending political and economic change in modern America by placing political economy at the center of the 'new political history'. Drawing on a remarkable range of sources, Smith provides a groundbreaking reinterpretation of the relationship between the New Deal's welfare state and American liberalism.


The Rise and Fall of the New Deal Order, 1930-1980

The Rise and Fall of the New Deal Order, 1930-1980
Author: Steve Fraser
Publisher: Princeton University Press
Total Pages: 348
Release: 1989
Genre: History
ISBN: 9780691006079

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The 10 essays in this book probe the underlying economic, social, and cultural dynamics of the Roosevelt revolution, analyze the durability of the New Deal coalition through the mid-1960s, and uncover the racial, class, and cultural fissures that led to its disintegration. The contributors answer such questions as: How did the Democratic Party accommodate both poor workers and wealthy capitalists: Why did the labor question lose its importance in American politics as soon as the movement achieved political power? Why did economic abundance generate political and cultural conservatism in the 1950s but radicalism in the 1960s? ISBN 0-691-04761-8: $25.00.


History of the American Economy

History of the American Economy
Author: Gary M. Walton
Publisher: Houghton Mifflin Harcourt P
Total Pages: 712
Release: 1990
Genre: Business & Economics
ISBN:

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Ever wonder how the American economy became the most powerful one in the world? Tying America's past to the economic policies of today and beyond, the popular History of the American economy, answers this critical question and more, presenting events chronologically for easy understanding. This prestigious book has been used by more learners than any other of its kind in the U.S. Market. History of the American economy has helped generations of learners understand how the American economy evolved. Completely updated with recent research by economic historians, this trusted book ties this country's past to the policies and debates of today and beyond. Visual aids, tables and graphs reinforce learning and encourage interest in the study of economic history.


A Concise History of the New Deal

A Concise History of the New Deal
Author: Jason Scott Smith
Publisher: Cambridge University Press
Total Pages: 227
Release: 2014-05-29
Genre: History
ISBN: 1139991698

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During the 1930s, Franklin D. Roosevelt's New Deal carried out a program of dramatic reform to counter the unprecedented failures of the market economy exposed by the Great Depression. Contrary to the views of today's conservative critics, this book argues that New Dealers were not 'anticapitalist' in the ways in which they approached the problems confronting society. Rather, they were reformers who were deeply interested in fixing the problems of capitalism, if at times unsure of the best tools to use for the job. In undertaking their reforms, the New Dealers profoundly changed the United States in ways that still resonate today. Lively and engaging, this narrative history focuses on the impact of political and economic change on social and cultural relations.


The New Deal and American Society, 1933–1941

The New Deal and American Society, 1933–1941
Author: Kenneth J. Bindas
Publisher: Routledge
Total Pages: 150
Release: 2021-11-10
Genre: History
ISBN: 100047013X

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The New Deal and American Society, 1933–1941 explores what some have labeled the third American revolution, in one concise and accessible volume. This book examines the emergence of modern America, beginning with the 100 Days legislation in 1933 through to the second New Deal era that began in 1935. This revolutionary period introduced sweeping social and economic legislation designed to provide the American people with a sense of hope while at the same time creating regulations designed to safeguard against future depressions. It was not without critics or failures, but even these proved significant in the ongoing discussions concerning the idea of federal power, social inclusion, and civil rights. Uncertainties concerning aggressive, nationalistic states like Italy, Germany, and Japan shifted the focus of FDR's administration, but the events of World War II solidified the ideas and policies begun during the 1930s, especially as they related to the welfare state. The legacy of the New Deal would resonate well into the current century through programs like Social Security, unemployment compensation, workers' rights, and the belief that the federal government is responsible for the economic well-being of its citizenry. The volume includes many primary documents to help situate students and bring this era to life. The text will be of interest to students of American history, economic and social history, and, more broadly, courses that engage social change and economic upheaval.


A Commonwealth of Hope

A Commonwealth of Hope
Author: Alan Lawson
Publisher: JHU Press
Total Pages: 299
Release: 2006-07-24
Genre: History
ISBN: 0801884063

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Did the New Deal represent the true American way or was it an aberration that would last only until the old order could reassert itself? This original and thoughtful study tells the story of the New Deal, explains its origins, and assesses its legacy. Alan Lawson explores how the circumstances of the Great Depression and the distinctive leadership of Franklin D. Roosevelt combined to bring about unprecedented economic and policy reform. Challenging conventional wisdom, he argues that the New Deal was not an improvised response to an unexpected crisis, but the realization of a unique opportunity to put into practice Roosevelt’s long-developed progressive thought. Lawson focuses on where the impetus and plans for the New Deal originated, how Roosevelt and those closest to him sought to fashion a cooperative commonwealth, and what happened when the impulse for collective unity was thwarted. He describes the impact of the Great Depression on the prevailing system and traces the fortunes of several major social sectors as the drive to create a cohesive plan for reconstruction unfolded. He continues the story of these main sectors through the last half of the 1930s and traces their legacy down to the present as crucial challenges to the New Deal have arisen. Drawing from a wide variety of scholarly texts, records of the Roosevelt administration, Depression-era newspapers and periodicals, and biographies and reflections of the New Dealers, Lawson offers a comprehensive conceptual base for a crucial aspect of American history.


The American Economy

The American Economy
Author: Anton Brender
Publisher: Centre for European Policy Studies
Total Pages: 136
Release: 2018-04-24
Genre: Political Science
ISBN: 9789461386755

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Each year, 25% of the world's output is produced by less than 5% of the planet's population. The juxtaposition of these two figures gives an idea of the power of the American economy. Not only is it the most productive among the major developed economies, but it is also a place where new products, services and production methods are constantly being invented. Even so, for all its efficiency and its capacity for innovation, the United States is progressively manifesting worrying signs of dysfunction. Since the 1970s, the American economy has experienced increasing difficulty in generating social progress. Worse still, over the past twenty years, signs of actual regression are becoming more and more numerous. How can this paradox be explained? Answering this question is the thread running throughout the chapters of this book. Anton Brender and Florence Pisani, economists with Candriam Investors Group, offer the reader an overview of the history and structure of the American economy, guided by a concern to shed light on the problems it faces today.