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Invisible Hands: The Businessmen's Crusade Against the New Deal Paperback – January 11, 2010
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Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved. --This text refers to an out of print or unavailable edition of this title.
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Top Customer Reviews
Ms. Phillips-Fein recounts how America once perceived conservatism as a mere representation of the upper class' narrow self-interests. She recalls how the collapse of the economy during the Great Depression and its stabilization by the New Deal led to a widely-held consensus that the capitalist system required an interventionist government to function properly, if at all. In fact, the author recounts how some of the conservative-flavored political and public relations projects promoted at that time were rebuffed by a citizenry that was highly skeptical of businesspeople and valued the role of unions and government in securing their economic lives.
Interestingly, Ms. Phillips-Fein suggests that the presumption of an unassailable Keynesian worldview led to increasing levels of mathematical abstractionism in many university economics departments; whereas upstart conservative economists such as Ludwig Von Mises, Friederch Von Hayek and Milton Friedman could remain committed to an economics that retained a strong socio-political identity. Ms.Read more ›
I am nonetheless leaping to tack some gold stars onto this Amazon listing because I would like to see this excellent, timely chronicle in as many hands as possible. This is exactly the history of modern conservatism and the GOP we need at the moment, one that swats away all the cultural-religious distractions and traces the programatic efforts by businessmen, bankers, and economic libertarians since FDR to equate America and Capitalism, with the former being merely the means and the latter the true end.
While liberals of my generation have been fretting over gay marriage, deconstruction, and identity politics, the state has been completely retaken from the New Deal compromise in decisive class warfare waged from above. Class warfare? While the author does not harp on the term, I insist on calling it by its proper name, as Lewis Mumford used to say. The facts should be brutally obvious by now. Can anyone deny that the middle class is caught in a veritable Dresden of class war, raining debt, fear, obscurantism, and havoc from above?
By concerted effort and planning, as this book details, a relatively small cadre of blueblood patroons, capitalist absolutists, Hayek disciples, and Chamber of Commerce hacks have succeeded in reversing the New Deal, which they regarded as criminal collectivism, and returning us right back where we started, back in the Great Depression, briefly interrupted. I had read bits of this history elsewhere, but the author does an excellent job of weaving it together.Read more ›
Most Recent Customer Reviews
Kinda of wishy washy - sorry but not going to get into details because I still think it is an important read.Published 11 months ago by clc
very well-written, very well researched book. I recommend it to anyone intrested in modern American poltics and modern American conservatism.Published on October 3, 2013 by Mario Perez
New York University professor, occasional contributor to the Baffler and The Nation, Kim Phillips-Fein takes as her subject in "Invisible Hands" the history of the modern... Read morePublished on July 3, 2013 by S Wood
This is an excellent and unbiased history from the 1930s onward of the efforts by a group of laissez-faire business leaders, such as the du Ponts and Lemuel Boulware, to react... Read morePublished on November 6, 2011 by Todd Carlsen
Great research and writing. A wonderful review of the origins and progress of efforts to repeal the New Deal. Read morePublished on August 22, 2011 by Mil Malton
This was required reading for a class I am taking. I found it fairly interesting, I enjoy history and economics. Read morePublished on November 26, 2010 by Aaron