![]() ![]() But try as he might, he couldn’t get his associative state to master the challenge of the Great Depression. Hoover was sworn in as president in March 1929, just months before the stock market crashed. Hawley dubbed the “associative state,” offered a sharp contrast to the progressivism that had preceded it. That arrangement, which the historian Ellis W. But as secretary of commerce in the 1920s, Hoover had promoted an alternative ideal of voluntary regulation, whereby professional organizations and American businesses monitored their own affairs instead of being regulated by the federal government. At the beginning of the century, the Progressive Era had led to greater government oversight of interstate commerce and the processing of food and drugs. And that, ultimately, we’re all in this together.ĭ uring the Great Depression, as today, the nation’s initial response to disaster was crippled by the negative view of government held by then-president Herbert Hoover and his Republican Party. The larger lesson it offers is that recovery is a complex and painful process that requires the participation of many, not directives from a few. The New Deal offers us more than a simple guide for returning to some semblance of normalcy. Louis Hyman: The New Deal wasn’t what you think And, perhaps above all, they pushed for unity and cultivated empathy. They organized supporters, and learned not just to lead, but to listen. They turned aside the ferocious opposition their bold proposals provoked. The New Dealers learned to embrace experimentation, accepting failures along the path to success. But the success of the New Deal was built on more than all the agencies it spawned, or the specific programs it established-it rested on the spirit of those who brought it into being. Many hope to replicate that achievement today. ![]() America did not merely endure the Great Depression its response transformed it into a richer and more equitable society. By the late 1940s, the United States had exited economic calamity and entered into an unparalleled period of national prosperity-with measurably greater income equality. ![]() Roosevelt, remains the standard for how the federal government should respond to a major national emergency. And, for many Americans, the New Deal, launched by President Franklin D. The economic collapse of the 1930s, one of the defining traumas of the 20th century, is still the benchmark against which recessions are measured. Headlines scream that the coronavirus has brought about the worst economic crisis since the Great Depression. Businesses across the country are foundering. More than 20 million lost their jobs in April alone. ![]()
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