The New Deal : a modern history Michael Hiltzik New York : Free Press, 2011 Hardcover. 1st ed. and printing. x, 497 p.,  p. of plates : ill. ; 25 cm. Includes bibliographical references (p. 465-471) and index. Clean, tight and strong binding with clean dust jacket. No highlighting, underlining or marginalia in text. VG/VG
Franklin Roosevelt’s New Deal began as a program of short-term emergency relief measures and evolved into a truly transformative concept of the federal government’s role in Americans’ lives. More than an economic recovery plan, it was a reordering of the political system that continues to this day. Hiltzik offers fresh insights into this inflection point in the American experience.
Here is an intimate look at the alchemy that allowed FDR to mold his multifaceted and contentious inner circle into a formidable political team. The New Deal: A Modern History shows how Roosevelt, through the force of his personality, commanded the loyalty of the rock-ribbed fiscal conservative Lewis Douglas and the radical agrarian Rexford Tugwell alike; of Harold Ickes and Harry Hopkins, one a curmudgeonly miser, the other a spendthrift idealist; of Henry Morgenthau, gentleman farmer of upstate New York; and of Frances Perkins, a prim social activist with her roots in Brahmin New England. Yet the same character traits that made him so supple and self-confident a leader would sow the seeds of the New Deal’s end, with a shocking surge of Rooseveltian misjudgments.
Understanding the New Deal may be more important today than at any time in the last eight decades. Conceived in response to a devastating financial crisis born of excessive speculation, indifferent regulation of banks and investment houses, and disproportionate corporate influence over the White House and Congress the New Deal remade the country’s economic and political environment in six years of intensive experimentation.
FDR rejected free market theories and so had no effective model for fighting the worst economic downturn in his generation’s experience. Unfortunately the New Deal has provided a model for subsequent presidents who faced challenging economic conditions. Hiltzik tells the story of how the New Deal was made, demonstrating that its precepts did not spring fully conceived from the mind of FDR before or after he took office. From first to last the New Deal was a work in progress, a patchwork of often contradictory ideas. Far from reflecting solely progressive principles, the New Deal also accommodated such conservative goals as a balanced budget and the suspension of antitrust enforcement. Some programs that became part of the New Deal were borrowed from the Republican administration of Herbert Hoover; indeed, some of its most successful elements were enacted over FDR’s opposition.