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Pride, Prejudice, and Politics Gary D. Best

Pride, Prejudice, and Politics By Gary D. Best

Pride, Prejudice, and Politics by Gary D. Best


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Pride, Prejudice, and Politics Summary

Pride, Prejudice, and Politics: Roosevelt Versus Recovery, 1933-1938 by Gary D. Best

The first sustained scholarly critique of the New Deal from the conservative perspective, this study argues that Franklin Delano Roosevelt was, himself, the primary obstacle to American recovery from the Great Depression of 1933-38. In developing his arguments, author Gary Dean Best focuses on the fact that the depression continued through eight years of the Roosevelt administration, despite unprecedented intervention by the federal government in the nation's economic life. Challenging conventional explanations that fault Roosevelt for not embracing Keynesian spending on a scale sufficient to produce recovery, Best finds the roots of America's slow return to economic health in Roosevelt's hostility to the very groups he should have been encouraging: the American business and financial communities. Best provides one of the most careful and objective studies published to date on the actual effects of Roosevelt's policies and programs on American business operations and psychology. He reexamines the issue of why businessmen and bankers were so critical of the New Deal--criticisms that have been, until now, largely dismissed as motivated by greed and selfishness. He also asks how Roosevelt and his advisors could have hoped to produce an economic recovery when a state of near war existed between the administration and the employers and investors who, alone, could produce such a recovery. Using the letters and diaries of the New Deal's business and other critics during the decade as well as the writings in banking and business periodicals of the day and the criticisms of contemporary economists, including Keynes himself, Best offers a persuasive indictment of New Deal policies and a more realistic explanation of America's failure to recover from the depression before World War II than has yet been available. His work is an important counterweight to conventional evaluations of Roosevelt and the New Deal and should be required reading in any course dealing with the history and politics of the 1930s.

About Gary D. Best

GARY DEAN BEST is Professor and Chair of the Department of History at the University of Hawaii at Hilo. He is also the author of To Free a People: American Jewish Leaders and the Jewish Problem in Europe, 1890-1914 (Greenwood Press, 1982) and The Politics of American Individualism: Herbert Hoover in Transition, 1918-1921 (Greenwood Press, 1975).

Table of Contents

Preface Introduction Dramatis Personae New Faces and New Fears Rising Criticism Delaying Recovery The First Roosevelt Depression, 1934 The Supreme Court Rules An Air of Unreality Fueling a Boom The Election and Boom of 1936 Megalomania and Mindlessness The Road to the Crash The Second Roosevelt Depression, I, 1937 The Second Roosevelt Depression, II, 1938 The Second Roosevelt Depression, III, 1939 Conclusion Bibliography Index

Additional information

NPB9780275935245
9780275935245
0275935248
Pride, Prejudice, and Politics: Roosevelt Versus Recovery, 1933-1938 by Gary D. Best
New
Hardback
Bloomsbury Publishing Plc
1990-11-20
288
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
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