The program I was manly referring to was the unemployment insurance program. By calls for the US to abandon capitalism I was referring to the vocal supporters of American socialism back in the years leading up to the Great Depression. The % share of the US public which advocates socialism has seemingly declined since programs like unemployment insurance have been put in place.
If it were not for these type of programs might we have seen an increasing level of social unrest with a decreasing patience with capitalism. Such increasing unrest finally giving way to the end of capitalism and to US socialism. Thus it would follow that limited govt interventions in the market actually "saved" capitalism. Lynn -----Original Message----- From: John Perich [mailto:[EMAIL PROTECTED]] Sent: Wednesday, April 10, 2002 11:03 AM To: [EMAIL PROTECTED] Subject: Re: economic history question There are a lot of abstractions that it'd help to qualify in that last statement. For instance: which government programs (FDR's right-to-work packages? LBJ's war on Poverty)? Whose calls for the U.S. to abandon capitalism? What is a "safety net [...] for capitalism as a whole"? We need data! -JP >From: "Gray, Lynn" <[EMAIL PROTECTED]> >Reply-To: [EMAIL PROTECTED] >To: "'[EMAIL PROTECTED]'" <[EMAIL PROTECTED]> >Subject: economic history question >Date: Wed, 10 Apr 2002 10:08:41 -0500 > > > >Would it be safe to say that the introduction of govt programs such as >unemployment insurance had an impact in quieting the calls for the US to >abandon capitalism and take up socialism? In other words did these types >of >govt programs serve not only as safety nets for individuals in need but >also >for capitalism as a whole? > > >Lynn Gray ---------------------------------------------------------------------------- -- I'm never gonna work another day in my life. The gods told me to relax; they said I'm gonna be fixed up right. I'm never gonna work another day in my life. I'm way too busy powertrippin', but I'm gonna shed you some light. - Monster Magnet, "Powertrip" _________________________________________________________________ Chat with friends online, try MSN Messenger: http://messenger.msn.com
