David M. Kennedy "Freedom from Fear: The American People in Depression and War, 1929-1945 (Oxford History of the United States)"Summary
Publisher: Oxford University Press, USA
Year: 1999
ISBN: 0195038347
Pages: 990 Pages
Format: PDF
Size: 8.2 MB
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Summary
ReplyDeleteBetween 1929 and 1945, two great travails were visited upon the American people: the Great Depression and World War II. Freedom From Fear tells the story of how Americans endured, and eventually prevailed, in the face of those unprecedented calamities.
The Depression was both a disaster and an opportunity. As David Kennedy vividly demonstrates, the economic crisis of the 1930s was far more than a simple reaction to the alleged excesses of the 1920s. For more than a century before 1929, America's unbridled industrial revolution had gyrated through repeated boom and bust cycles, wastefully consuming capital and inflicting untold misery on city and countryside alike. Nor was the fabled prosperity of the 1920s as uniformly shared as legend portrays. Countless Americans, especially if they were farmers, African Americans, or recent immigrants, eked out thread bare lives on the margins of national life. For them, the Depression was but another of the ordeals of fear and insecurity with which they were sadly familiar.
Franklin Roosevelt's New Deal wrung from the trauma of the 1930s a lasting legacy of economic and social reform, including the Social Security Act, new banking and financial laws, regulatory legislation, and new opportunities for organized labor. Taken together, those reforms gave a measure of security to millions of Americans who had never had much of it, and with it a fresh sense of having a stake in their country.
Freedom From Fear tells the story of the New Deal's achievements, without slighting its shortcomings, contradictions, and failures. It is a story rich in drama and peopled with unforgettable personalities, including the incandescent but enigmatic figure of Roosevelt himself.