COMM 289 Lecture 17: Comm 289 Lecture 17
29 Oct 2018
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Document Summary
The image of pr transformed: quote 1 (fones-wolf, the crash shook american"s faith in business and corporate leadership, 2 major reactions to the depression, political realignment, the new deal. Political realignment connected with the presidency of fdr. Inaugurates a different vision of america (new deal) A different kind of partnership and different set of interests being represented. A different vision of society and the role of government in supporting society. That corporate power should be balanced by something. They do not operate without an opposition: keynesianism. The economic theory connected with john maynards keynes. Capitalism require a strong state and the government needed to be a strong supportive role. Make investments into infrastructure, education, research, health care, etc. What is good for society as a whole. Create jobs through government spending (fdr"s new deal) Not revolutionary thing: quote 2 (fones-wolf, small government is a fiction. How people want the government to work.
