Comments on: Franklin Roosevelt and the Greatest Economic Myth of the Twentieth Century http://www.thefreemanonline.org/columns/franklin-roosevelt-and-the-greatest-economic-myth-of-the-twentieth-century/ Ideas on Liberty Wed, 15 Feb 2012 04:40:14 +0000 hourly 1 http://wordpress.org/?v=3.3 By: James Smith http://www.thefreemanonline.org/columns/franklin-roosevelt-and-the-greatest-economic-myth-of-the-twentieth-century/comment-page-1/#comment-68467 James Smith Sun, 12 Feb 2012 22:24:10 +0000 http://www.thefreemanonline.org/uncategorized/franklin-roosevelt-and-the-greatest-economic-myth-of-the-twentieth-century/#comment-68467 The first paragraph of this article asks how Roosevelt was able to perpetuate the myth that capitalism caused Great Depression. The United States was in economic pain and those suffering from pain tend to want something and someone to blame. Roosevelt was running for president and he needed someone to blame for the suffering in order to get elected. Voters needed a scapegoat and the presidential candidate needed a sacrifice. Capitalism met both needs. Could it be that simple? Jim www.conflictoftheday.wordpress.com The first paragraph of this article asks how Roosevelt was able to perpetuate the myth that capitalism caused Great Depression.

The United States was in economic pain and those suffering from pain tend to want something and someone to blame. Roosevelt was running for president and he needed someone to blame for the suffering in order to get elected. Voters needed a scapegoat and the presidential candidate needed a sacrifice. Capitalism met both needs.

Could it be that simple? Jim
http://www.conflictoftheday.wordpress.com

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