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Invisible Hands w/ Kim Phillips-Fein

The Dig

The New Deal and the Politics of a Businessman

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The most far sighted and liberal of the business leaders, particularly those in consumer oriented industries such as electronics and garments, supported the kenzia nedeal programes. The free trade agenda of the democrats appealed to some financiers and oil barons whose labor costs were low enough that higher wages did not seriously endanger their profit margins. Was there some sort of material basis to pattern of businesses and business men that resisted the new deal? And if there was, did those patterns change over time as the new deal proper transitiond into the long era of the new deal order? Or were the politics of a business or business man more contingent on the ideological peculiarities of the people who

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