Exploring the hardships faced by the population during the Great Depression, the blame placed on political leaders, and the societal shift towards governmental intervention. The chapter discusses the tense atmosphere in Chicago, the rise of fascism globally, Roosevelt's administration response through programs, and the debates surrounding government intervention and regulation in capitalist societies.
How the balance of power shifted, for a time, in the decades after World War II, and led to a better kind of capitalism – if you think prosperity being broadly shared is a good thing.
By John Biewen, with co-host Ellen McGirt. Interviews with Eric Rauchway and Brad DeLong. Thanks to the Studs Terkel Archive at WFMT. Story editor: Loretta Williams. Music by Michelle Osis, Lilli Haydn, Chris Westlake, Alex Symcox, and Goodnight, Lucas. Music consulting by Joe Augustine of Narrative Music. "Capitalism” is a production of the Kenan Institute for Ethics at Duke University, in partnership with Imperative 21.