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Cornell | HIST 322
THE GREAT DEPRESSION
Professors
- Smith, Js
26 sample documents related to HIST 322
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Cornell HIST 322
Capitalism: What is It? 1/23/06 1. Joseph Schumpeter a. Austrian economist b. Stabilized capitalism is a contradiction in terms. Constantly out with the old and in with the new. Incessantly mutating from within. Perennial gale of creative destruction. -
Cornell HIST 322
Prosperity 1920s 1/25/06 1. Capitalism a. Characteristics i. Rooted in belief b. Brought great economic growth prosperity c. Marx and Engels observed that in 1800 1848 : enormous production i. During the 1000 years before 1700, per capita rose .11%. Over -
Cornell HIST 322
1. 2. Prosperity Depression - Unemployment 1/30/06 (Shaky) Prosperity of the 1920s - Continued a. Agriculture i. During World War I, farmers borrowed money to buy land and machinery to produce and sell more crops at the high prices of the war. After the w -
Cornell HIST 322
Unemployment, Crisis, Early New Deal 2/1/06 1. 2. Pre-Class Notes a. Kindleberger pg. 11: Summary of the book (underwriter theory) Unemployment a. Concept of Employed vs. Unemployed i. The Forgotten Man the unemployed person the symbol of the Great Depres -
Cornell HIST 322
Public Works 2/6/06 1. Background\\Overview a. Consequences effects the physical landscape, political landscape, and economy b. Budgets i. Schumpeter Budget is the skeleton of the state stripped bare of misleading ideologies ii. Fed. Budget of the 30s 1. N -
Cornell HIST 322
The Economy 2/8/06 1. Securities Exchange Commission a. Result of FDRs claim that the system is out of whack his proactive plan b. Overview i. Organization to manage the stock market ii. 5 people, no more than three of one political party iii. Led by Jose -
Cornell HIST 322
Labor 2/13/06 1. Labor Movement During the 1920s a. Lean years for the American worker i. Workers have material advantages of the 20s, but the flaws hit them disproportionately ii. Imbalance 1. Improvements in productivity from new forms of technology and -
Cornell HIST 322
1. 2. 3. 4. Dissent on Left + Right 2/15/06 American Political Culture during the Great Depression a. Elections FDR reelected in massive landslides b. Voices of those who are out of the center Outside Opinions a. Favorite and Hated PWA b. FDR messed with -
Cornell HIST 322
American Culture in the Great Depression 2/20/06 1. Trends in Writing a. Documentary Impulse i. Definition 1. Quest for social fact 2. Writers deem writing to be irrelevant Fiction is on the out ii. Life feels unpredictable 1. Loss of personal identity ii -
Cornell HIST 322
Rural America 2/22/06 1. Immediacy of the Plight of Farmers a. 1933, farmer = 32% of the nations workforce b. Many of FDRs supporters were farmers c. Farmers Holiday Association calls for national farming strike d. Sec of Agriculture Henry Wallace called -
Cornell HIST 322
A New Deal For All? 2/27/06 1. Redistribution of National Income 2. a. Very little change from 1920-30-40 b. Did not challenge the main tenet of capitalism private control of capital Lack of Coherence a. Lack of spokesman for systematic philosophy b. Fail -
Cornell HIST 322
First vs Second New Deal 3/1/06 1. Notes a. b. c. Bring Polenberg for Friday Re-look at the course overview in the syllabus Quick Summery of the Major Themes of the Course i. Capitalism 1. Dynamic Creative destruction 2. Confidence ii. New Deal 1. As an m -
Cornell HIST 322
Social Security and Taxation Delicious 3/6/06 1. Taxation a. One storyline the happy FDR storyline i. Noble democratic efforts to raise up the forgotten man through redistribution tax reform b. Second storyline the Mark Leff story i. Income tax 1. Origin -
Cornell HIST 322
More Social Security and Housing 3/8/06 1. 2. Pre-Class Notes a. Hawley readings are options, Focus on the Radford reading b. Court Packing on Monday Social Security after 1935 a. Immediate Reaction to Old Age insurance i. Republican Alf Landon calls for -
Cornell HIST 322
1. 2. 3. Court Packing 3/13/06 Trajectory of the New Deal and Shift from First to Second New Deal Previous Experience with the Supreme Court a. Numerous acts had been declared unconstitutional AAA, NIRA etc b. Roosevelt wants to see how to reform the supr -
Cornell HIST 322
The WPA 3/27/06 1. Debates about the WPA a. The New Deal at a Local Level Boondoggles b. Politics Partisan patronage i. Hatch Act against misuse of the WPA ii. Shows the limits of new deal liberalism 2. Origins a. Created in 1935 b. James Farley, head of -
Cornell HIST 322
Keynesianism 3/29/06 1. Mixed Economy a. Players i. Private Economy: where decisions are made by business executives ii. Non-business interest groups and third parties iii. Government greater control over economy 1. Increased income tax 2. Regulations b. -
Cornell HIST 322
The CIO 4/3/06 1. Stereotypical narrative of organized labor in the 1930s a. Working conditions were abysmal during the Great Depression b. In Nov 1935, at an AFL convention, three heads of unions oriented towards unskilled labor pushed for the creation o -
Cornell HIST 322
1. 2. 3. 4. 5. 6. 7. Germany: 1871-1920s 4/5/06 Wirtschaftsordnung the economic order in Germany a. Collective group of institutions and traditions that shape the economic community US a. Economic order seen as something that slowly evolves Germany a. See -
Cornell HIST 322
Germany 4/10/06 1. Overview a. Late Unifier 1871 b. Turbulent history i. Lots of fighting the French and winning c. Center of Europe i. Lots of poltical up upheval - turbulence different view of capitalism ii. Wirtschaftysornung government needs to take c -
Cornell HIST 322
Germany before the Great Depression 4/12/06 1. Before the Great Depression a. Cooperative capitalism various players work together i. Institutional traditional in cartels 1. US a. Had suspended these with anti-trust laws 2. Germany a. Getting together to -
Cornell HIST 322
Germany in the 1920s 4/17/06 1. Legacy of WWI a. Impoverishment b. Social decline for middle classes c. Revolution and political upheaval d. Stab in the back never defeated in the field of battle e. Air of upheaval and strikes i. Reliance on labor unions -
Cornell HIST 322
German Reich: 1933-1945 4/19/06 1. New Economic Order a. Assumptions i. Different assumptions of the role of markets, markets bring disorder, not order ii. Government exists to create order b. Parts i. Rearmament ii. War c. Action i. Denounces liberal cap -
Cornell HIST 322
Comparison of Economic Policy Date 1. 2. 3. Post-World War I a. US: Prosperous b. Germany: war guilt clause, reparations Major economic groups a. All confront with different sets of values depending on the country Baseline similarities a. General economic -
Cornell HIST 322
20th Century in Review 5/1/06 1. Take Away Themes of the 20th Century Economic History i. Dominant area of events of crucial change ii. Serves a greater driving force in life than in other times b. Wealth Increases i. Broader, wider felt feeling of prospe -
Cornell HIST 322
Great Depression Wrap Up 5/4/06 1. Lessons from the Great Depression a. Globalization economic interconnectedness profound changes i. Dissolution of the nation state ii. Belief that progress is irreversible iii. Highly integrated international communities
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