I don't look at the New Deal as being the reason America succeeded, it's just the reason more people in America led better lives while we maintained it.
The root cause of American success after WWII was the trust busting and higher taxes on the highest income brackets, both of which were Republican policies... until Republicans were outright bought by corporations. It's funny to say, but Nixon was probably the last semi-decent Republican.
The New Deal started off as a success, because the working class was finally able to get a share of the wealth that was being made once the Depression was over.
The true motivation behind the New Deal may not have been entirely altruistic. With the perceived failure of capitalism, Western governments were increasingly concerned that Karl Marx's prophecies of communist revolution would soon come to pass. That did not happen, and the New Deal may have been the best reason why.
I don't look at the New Deal as being the reason America succeeded, it's just the reason more people in America led better lives while we maintained it.
ReplyDeleteThe root cause of American success after WWII was the trust busting and higher taxes on the highest income brackets, both of which were Republican policies... until Republicans were outright bought by corporations. It's funny to say, but Nixon was probably the last semi-decent Republican.
The New Deal started off as a success, because the working class was finally able to get a share of the wealth that was being made once the Depression was over.
ReplyDeleteThe true motivation behind the New Deal may not have been entirely altruistic. With the perceived failure of capitalism, Western governments were increasingly concerned that Karl Marx's prophecies of communist revolution would soon come to pass. That did not happen, and the New Deal may have been the best reason why.
Interesting Danny.
ReplyDeleteAre you suggesting the New Deal saved capitalism?
Politics and altruism. Now there's two words living uncomfortably next to one another.