Capitalism: What Makes Us Free? (2021)
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FDR's New Deal and Economic Ideologies
This chapter examines the transformative actions of FDR's New Deal during the Great Depression, focusing on its economic impact and the shift in government-citizen relations. It contrasts FDR's interventionist policies with the views of free market proponents like Friedrich Hayek, exploring the ideological tensions that emerged. Additionally, it highlights key moments such as the formation of the Mont Pelerin Society, showcasing the ongoing debates about freedom, government power, and economic thought.
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