FDR: Stock Market Crash Proof Laissez-Faire Capitalism Doesn't Work

Alicia Powe | June 11, 2012
Font Size

The anti corporaton movement all  started with FDR. Roosevelt thought the stock market crash was proof that laissez-faire capitalism didn’t work and that the government should intervene.

Roosevelt won re-election in 1936 and business paniced and began to fight back. 

(h/t: The Century Of The Self 1 of 4 | One: Happiness Machines )

donate