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The Great Depression and the New Deal

Format Post in Art and Culture BY Eric Rauchway

0195326342 Shared By Guest

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The Great Depression and the New Deal
Eric Rauchway
Type: eBook
Released: 2008
Publisher: Oxford University Press, USA
Page Count: 161
Format: pdf
Language: English
ISBN-10: 0195326342
ISBN-13: 9780195326345
The New Deal shaped our nation's politics for decades, and was seen by many as tantamount to the "American Way" itself.The Great Depression and ... Textbook Now, in this superb compact history, Eric Rauchway offers an informed account of the New Deal and the Great Depression, illuminating its successes and failures.Rauchway first describes how the roots of the Great Depression lay in America's post-war economic policies--described as "laissez-faire with a vengeance"--which in effect isolated our nation from the world economy just when the world needed the United States most. He shows how the magnitude of the resulting economic upheaval, and the ineffectiveness of the old ways of dealing with financial hardships, set the stage for Roosevelt's vigorous (and sometimes unconstitutional) Depression-fighting policies. Indeed, Rauchway stresses that the New Deal only makes sense as a response to this global economic disaster. The book examines a key sampling of New Deal programs, ranging from the National Recovery Agency and the Securities and Exchange Commission, to the Public Works Administration and Social Security, revealing why some worked and others did not. In the end, Rauchway concludes, it was the coming of World War II that finally generated the political will to spend the massive amounts of public money needed to put Americans back to work. And only the Cold War saw the full implementation of New Deal policies abroad--including the United Nations, the World Bank, and the International Monetary Fund.Today we can look back at the New Deal and, for the first time, see its full complexity. Rauchway captures this complexity in a remarkably short space, making this book an ideal introduction to one of the great policy revolutions in history.

The Great Depression and the New Deal

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