The Political Economy of the New Deal

The Political Economy of the New Deal
Author: Jim F. Couch
Publisher: Edward Elgar Publishing
Total Pages: 272
Release: 1998
Genre: Depressions
ISBN:

This work examining the origins of the modern American welfare state from a public choice perspective looks at the uneven distribution of federal emergency relief spending during the Great Depression. It suggests political motivation on Roosevelt's part, not concern for the unemployed.

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

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.

Roosevelt, the Great Depression, and the Economics of Recovery

Roosevelt, the Great Depression, and the Economics of Recovery
Author: Elliot A. Rosen
Publisher: University of Virginia Press
Total Pages: 324
Release: 2012-10-05
Genre: History
ISBN: 0813934273

Historians have often speculated on the alternative paths the United Stages might have taken during the Great Depression: What if Franklin D. Roosevelt had been killed by one of Giuseppe Zangara’s bullets in Miami on February 17, 1933? Would there have been a New Deal under an administration led by Herbert Hoover had he been reelected in 1932? To what degree were Roosevelt’s own ideas and inclinations, as opposed to those of his contemporaries, essential to the formulation of New Deal policies? In Roosevelt, the Great Depression, and the Economics of Recovery, the eminent historian Elliot A. Rosen examines these and other questions, exploring the causes of the Great Depression and America’s recovery from it in relation to the policies and policy alternatives that were in play during the New Deal era. Evaluating policies in economic terms, and disentangling economic claims from political ideology, Rosen argues that while planning efforts and full-employment policies were essential for coping with the emergency of the depression, from an economic standpoint it is in fact fortunate that they did not become permanent elements of our political economy. By insisting that the economic bases of proposals be accurately represented in debating their merits, Rosen reveals that the productivity gains, which accelerated in the years following the 1929 stock market crash, were more responsible for long-term economic recovery than were governmental policies. Based on broad and extensive archival research, Roosevelt, the Great Depression, and the Economics of Recovery is at once an erudite and authoritative history of New Deal economic policy and timely background reading for current debates on domestic and global economic policy.

The American Political Economy

The American Political Economy
Author: Jacob S. Hacker
Publisher: Cambridge University Press
Total Pages: 487
Release: 2021-11-11
Genre: History
ISBN: 1316516369

Drawing together leading scholars, the book provides a revealing new map of the US political economy in cross-national perspective.

Climate Crisis and the Global Green New Deal

Climate Crisis and the Global Green New Deal
Author: Noam Chomsky
Publisher: Verso Books
Total Pages: 193
Release: 2020-09-22
Genre: Political Science
ISBN: 178873985X

An engaging conversation with Noam Chomsky—revered public intellectual and Manufacturing Consent author—about climate change, capitalism, and how a global Green New Deal can save the planet. In this compelling new book, Noam Chomsky, the world’s leading public intellectual, and Robert Pollin, a renowned progressive economist, map out the catastrophic consequences of unchecked climate change—and present a realistic blueprint for change: the Green New Deal. Together, Chomsky and Pollin show how the forecasts for a hotter planet strain the imagination: vast stretches of the Earth will become uninhabitable, plagued by extreme weather, drought, rising seas, and crop failure. Arguing against the misplaced fear of economic disaster and unemployment arising from the transition to a green economy, they show how this bogus concern encourages climate denialism. Humanity must stop burning fossil fuels within the next thirty years and do so in a way that improves living standards and opportunities for working people. This is the goal of the Green New Deal and, as the authors make clear, it is entirely feasible. Climate change is an emergency that cannot be ignored. This book shows how it can be overcome both politically and economically.

Politics of US Labor

Politics of US Labor
Author: David Milton
Publisher: NYU Press
Total Pages: 191
Release: 1982
Genre: Business & Economics
ISBN: 0853455708

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.

The Global New Deal

The Global New Deal
Author: William F. Felice
Publisher: Rowman & Littlefield Publishers
Total Pages: 366
Release: 2010-01-15
Genre: Political Science
ISBN: 0742567281

Global human suffering in the twenty-first century seems bitterly entrenched, with almost half of the world's people remaining impoverished and over 26,000 children dying daily from preventable causes. This powerful and empowering text offers a way forward, presenting a realistic roadmap for enhanced benevolent global governance with practical, workable solutions to mass poverty. Now fully updated, including new chapters, The Global New Deal outlines the legal responsibilities for all institutions, organizations, and states under international law to respect, protect, and fulfill economic and social human rights. William F. Felice focuses on seven key areas: the dynamics within international political economy that contribute to economic inequality and create human suffering, the U.N.'s approach to economic and social human rights, the priority of ecosystem protection within all development strategies, the degree of racial bias prevalent in global economics, the relationship between gender equality and economic growth, the impact of military spending on human development, and the importance for the United States to adopt a human-rights approach to poverty alleviation. Arguing for a "global new deal," a set of international and national public policy proposals designed to protect the vulnerable and end needless suffering, this book provides a viable direction for structural reform to protect those left behind by the global economy.

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

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.

Capitalism Contested

Capitalism Contested
Author: Romain Huret
Publisher: University of Pennsylvania Press
Total Pages: 360
Release: 2020-12-11
Genre: History
ISBN: 0812252624

In the historical narrative that prevails today, the New Deal years are positioned between two equally despised Gilded Ages—the first in the late nineteenth century and the second characterized by the world of Walmart, globalization, and right-wing populism in which we currently live. What defines these two ages is an increasing level of inequality legitimized by powerful ideologies, namely, Social Darwinism at the end of the nineteenth century and neoliberalism today. In stark contrast, the era of the New Deal was first and foremost an attempt to put an end to inequality in American society. In the historical longue durée, it appears today as a kind of golden age when policymakers and citizens sought to devise solutions to the two major "questions"—labor on one side, social on the other—that were at the heart of the American political economy during the twentieth century. Capitalism Contested argues that the New Deal order remains an effective framework to make sense of the transformation of American political economy over the last hundred years. Contributors offer an historicized analysis of the degree to which that political, economic, and ideological order persists and the ways in which it has been transcended or even overthrown. The essays pay attention not only to those ideas and social forces hostile to the New Deal, but to the contradictions and debilities that were present at the inauguration or became inherent within this liberal impulse during the last half of the twentieth century. The unifying thematic among the essays consists not in their subject matter—politics, political economy, social thought, and legal scholarship are represented—but in a historical quest to assess the transformation and fate of an economic and policy order nearly a century after its creation. Contributors: Kate Andrias, Romain Huret, William P. Jones, Nelson Lichtenstein, Nancy MacLean, Isaac William Martin, Margaret O'Mara, K. Sabeel Rahman, Timothy Shenk, Elizabeth Tandy Shermer, Jason Scott Smith, Samir Sonti, Karen M. Tani, Jean-Christian Vinel.

The New Deal

The New Deal
Author: Kiran Klaus Patel
Publisher: Princeton University Press
Total Pages: 451
Release: 2017-05-09
Genre: History
ISBN: 0691176159

The first history of the new deal in global context The New Deal: A Global History provides a radically new interpretation of a pivotal period in US history. The first comprehensive study of the New Deal in a global context, the book compares American responses to the international crisis of capitalism and democracy during the 1930s to responses by other countries around the globe—not just in Europe but also in Latin America, Asia, and other parts of the world. Work creation, agricultural intervention, state planning, immigration policy, the role of mass media, forms of political leadership, and new ways of ruling America's colonies—all had parallels elsewhere and unfolded against a backdrop of intense global debates. By avoiding the distortions of American exceptionalism, Kiran Klaus Patel shows how America's reaction to the Great Depression connected it to the wider world. Among much else, the book explains why the New Deal had enormous repercussions on China; why Franklin D. Roosevelt studied the welfare schemes of Nazi Germany; and why the New Dealers were fascinated by cooperatives in Sweden—but ignored similar schemes in Japan. Ultimately, Patel argues, the New Deal provided the institutional scaffolding for the construction of American global hegemony in the postwar era, making this history essential for understanding both the New Deal and America's rise to global leadership.