Neisha, the 1920s were hardly laissez-faire yet this term has somehow stuck through all the years. The 1920s were just as dominated as the 1930s by ideas about central planning. The 1920s were in fact corporatist and saw a profound increase in the size and scope of the federal government. Herbert Hoover was about the biggest bureaucrat in American history and his ideal was the "associative state" which incorporated fascist planning. Of course fascism was not yet a bad word and was then the "great hope" for the future, being the "Middle Way" between capitalism and socialism. After the catalyst, we merely shifted from rightist planning to leftist planning. Freedom and laissez-faire played no part under either regime because both were committed to top-down control, albeit by different means.On 2002-07-03 15:35, Neisha '67 wrote:
I'm just trying to figure out what specifically you mean by "left" and "right" as those words have become fairly imprecise. Going back to the 1920s and into the 1930s and 1940s, I don't really see a shift from "left" to "right" during that period of time. What I see is a shift from lots of self-indulgent behavior and a weak, unintrusive federal government to a more serious-minded culture and a strong, activist, and much larger federal government. If you want to use the terms "left" and "right," many would say that, in terms of economic policy at the very least, we shifted from "right" (laissez faire) to "left" (pump-priming, quasi-socialist). So . . .