David T. Beito
speaker
317 appearances
1 recordings
1 series
first heard Jun 2026
last heard 2 Jun
David T. Beito’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Jun 2026 with 1.
Appearances
So where's the threat to capitalism in that election?
FDR runs a rather conventional campaign.
In fact,
He is just as often attacking Herbert Hoover as a spendthrift as he is saying we need a bigger government reach.
You can't find the New Deal, basically, in FDR's campaign pronouncements.
So I don't see that there was a threat of revolution from the left, certainly, during that period in the United States, even though the Depression was more severe here than it was in Germany.
But we had these traditions which were deeply entrenched.
And even at the height of FDR's power in 1933, those traditions are still there.
People push back more than you might expect.
And there is no real threat, I think, of a communist revolution and so forth.
And I think FDR's policies in many ways delayed recovery.
Typically, depressions were over within two to three years.
But FDR is sort of fumbling around.
And as I said, we still have double digit unemployment in 1940.
European countries, other countries in the world generally recover a lot faster than we do.
And a lot of that, I think, is because he's doing these weird experiments like the National Recovery Administration and the AAA, which are disasters economically.
And in many ways, the New Deal retards a recovery that should have happened much earlier if American history is any guide.
So I don't buy the argument that he saved the system because I don't think the system was headed towards a revolution in 1933.
Certainly there was disorder.
There were tax revolts.
Showing 221–240 of 317 · page 12 of 16
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