It certainly wasn’t as extreme or successful as the soviet union, but there was a lot of unionization going on during the industrial revolution that was more radical than the tamer bargaining unions we see in the post-war era. And then the depression happened and things got really bad. It’s not hard to see how elites would have looked out at what was happening in the world, looked at the bad economic situation at home, and concluded that something had to be done.
FDR even said that they were trying to reform capitalism to save it.
1933 “It was this administration which saved the system of private profit and free enterprise after it had been dragged to the brink of ruin.” President Roosevelt, on how his emergency actions in 1933 prevented a revolution and saved capitalism.
It certainly wasn’t as extreme or successful as the soviet union, but there was a lot of unionization going on during the industrial revolution that was more radical than the tamer bargaining unions we see in the post-war era. And then the depression happened and things got really bad. It’s not hard to see how elites would have looked out at what was happening in the world, looked at the bad economic situation at home, and concluded that something had to be done.
FDR even said that they were trying to reform capitalism to save it.
https://en.wikiquote.org/wiki/Wikiquote:Transwiki/American_history_quotes_New_Deal
1933 “It was this administration which saved the system of private profit and free enterprise after it had been dragged to the brink of ruin.” President Roosevelt, on how his emergency actions in 1933 prevented a revolution and saved capitalism.