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IMHO, you're right on the money. The New Deal wasn't a response to the Crash, but to the looming reality of the Soviet example. DoDo stated this 3 years ago here, in an article about the Russian Revolution:

...the European welfare state, and the US New Deal, came to be because most of the elites agreed to an armistice in the class war - and that not the least because they were scared of a communist revolution at home, scared because of the apparent indestructibility of the Soviet Union.

Thus, it seems to me, to put it drastically: the well-being of many of yours was made only possible with the deaths of millions of Russians (& other subjects of the Empire)

In order for the power elites to concede another New Deal, one has to construct a similarly threatening bogey-man, albeit (one would hope) one somewhat less monstrous.

Note also that the reaction of a large part of the European elites to similar circumstances at the time, was the endorsement of fascism and national socialism. I don't mean to imply anything much by this, but given the circumstances, the fingerprinting and targeting of gypsies in Italy, is not too far from the Brown Stars, now, is it?

The road of excess leads to the palace of wisdom - William Blake

by talos (mihalis at gmail dot com) on Wed Jul 16th, 2008 at 07:52:07 AM EST
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