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Did Frank D. Roosevelt save capitalism?
Franklin D. Roosevelt saved capitalism.
If FDR hadn't strengthened labor and antitrust in America, communism would have spread there.
FDR saved capitalism by helping defeat fascism.
Without FDR's interventionist policies, capitalism would not have been seen as a potentially viable system, and the blame that capitalism would have received for causing the Great Depression would've ensured that America would seek alternative economic systems.
FDR's New Deal revived the American economy and restored its capitalist tradition.
Given that the Cold War kicked off just after the end of FDR's tenure, if anything FDR set capitalism up for its first real opposition.
FDR preserved capitalism by introducing anti-capitalist elements into American socioeconomic policy -- he just saved capitalism from itself temporarily.
FDR was partial responsible for setting up the
Bretton Woods system
, which laid the groundwork for the problems capitalism faces today.
Capitalism is an obscure, abstract, amorphous and ultimately incoherent term. FDR didn't save "capitalism" so much as he saved Western dominance over global markets.
Capitalism can't be saved
Capitalism is the natural economic system of human civilization. It will become the natural order with or without the influence of any single politician.
"Capitalism" is a meaningless word often misused to describe an immeasurably complex system of markets and regulations
Extreme poverty can be eradicated through capitalism
Supply side economics looks like it is fueling the self-destruction of capitalism in America.
Did the Exodus Really Happen?