
Democracy in Desperation
Description
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Steeples and Whitten first explain the origins of the depression, measure its course, and interpret the business recovery, giving full coverage to structural changes in the economy; namely, the growing importance of manufacturing, emergence of new industries, consolidation of business, and increasing importance of finance capitalism. The remainder of the book examines the depression's impact on society-discussing, for example, unemployment, birth rate, health, and education-and on American culture, politics and international relations. Placing the business collapse at the center of the scene, the book shows how the depression was a catalyst for ushering in a more modern America.
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Persons
DAVID O. WHITTEN is Professor of Economics at Auburn University. He is the author or editor of several books, including Extractives, Manufacturing, and Services: A Historiographical and Bibliographical Guide (Greenwood, 1997), and editor of Business Library Review.
Content
Prologue to Panic
Panic
Hard Times: Profile of Depression, 1893-1897
Recovery: A New Economic Order
Social Repercussions
Contemporary Reactions--Issues and Opinion
Economic Crisis and Culture
Depression Politics
The Government Response: Cleveland Administration
The Government Response: McKinley Administration
Epilogue
Bibliography
Index
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