The Great Depression and the New Deal
There are important lessons to be learned from the Great Depression but I have the impression that the left emerged with the view that the New Deal was required to save the US from rampant capitalism. There is an alternative account. For an MP3 version of the story.
The New Deal can be compared with the Australian Premier’s Plan which was a compromise between different interests, as all practical policies are bound to be, it was not pure but it had enough of the right stuff to make a difference.
