Evaluation of New Deal Policies
Many historians argue that Roosevelt restored hope and self-respect to tens of millions of desperate people, built labor unions, upgraded the national infrastructure and saved capitalism in his first term when he could have destroyed it and easily nationalized the banks and the railroads. Some critics from the left, however, have denounced Roosevelt for rescuing capitalism when the opportunity was at hand to nationalize banking, railroads and other industries. Still others have complained that he enlarged the powers of the federal government, built up labor unions and weakened the business community.
Historians generally agree that, apart from building up labor unions, the New Deal did not substantially alter the distribution of power within American capitalism. "The New Deal brought about limited change in the nation's power structure." The New Deal preserved Democracy in the United States in an historic period of uncertainty and crises when in many other countries Democracy failed.
Read more about this topic: New Deal
Famous quotes containing the words evaluation of, evaluation, deal and/or policies:
“Good critical writing is measured by the perception and evaluation of the subject; bad critical writing by the necessity of maintaining the professional standing of the critic.”
—Raymond Chandler (1888–1959)
“Good critical writing is measured by the perception and evaluation of the subject; bad critical writing by the necessity of maintaining the professional standing of the critic.”
—Raymond Chandler (1888–1959)
“Women are in bondage; their clothes are a great hindrance to their engaging in any business which will make them pecuniarily independent, and since the soul of womanhood never can be queenly and noble so long as it must beg bread for its body, is it not better, even at the expense of a vast deal of annoyance, that they whose lives deserve respect and are greater than their garments should give an example by which woman may more easily work out her own emancipation?”
—Lucy Stone (1818–1893)
“A nation’s domestic and foreign policies and actions should be derived from the same standards of ethics, honesty and morality which are characteristic of the individual citizens of the nation.”
—Jimmy Carter (James Earl Carter, Jr.)