This bold new analysis of the New Deal dramatically revises our vision of the Roosevelt legacy -- and of the new relation between government and business it made a central fact of American life. With impressive scholarship and narrative brio, Jordan A. Schwarz persuasively demonstrates that the New Deal's architects sought not merely to save an endangered American capitalism but to integrate economically underdeveloped regions of the nation within the scope of a dynamic state capitalism capable, after World War II, of dominating the global marketplace.
As he assesses the contributions of...