The impact of the Great Depression on politics in the 1930s was both transformative and shocking. The role of government in America was forever transformed, and across Europe socialist, communist, and fascist parties saw their support skyrocket. Most famously, the National Socialists seized power in Germany in 1933, setting off a chain of events that led to the greatest conflagration in world history. The recent Great Recession has not been as severe as the Great Recession, but it has been severe enough, producing a half decade of negative and/or slow growth across the advanced industrial...

The impact of the Great Depression on politics in the 1930s was both transformative and shocking. The role of government in America was forever transformed, and across Europe socialist, communist, and fascist parties saw their support skyrocket. Most famously, the National Socialists seized power in Germany in 1933, setting off a chain of events that led to the greatest conflagration in world history. The recent Great Recession has not been as severe as the Great Recession, but it has been severe enough, producing a half decade of negative and/or slow growth across the advanced industrial...