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"The attack on business so well popularized by the present administration at Washington unquestionably prolonged the Depression, perpetuated the dole, and added millions to the unemployed... I do not favor governmental interference with business, because it usually leads to disaster. We want a continuance of the fundamental principles [to] back our business organizations that have made us the richest nation of the world and have given our workers a higher standard of living than any other country. If we tear down these principles and adopt European standards - as in Russian, Italy and Germany - we must expect to lower our living standards to their level."

It was conservative editorials like this that compelled the editors at New Masses to write a slanderous profile on the man - Click here to read it.

Click here to read more about FDR and commerce.

     


FDR and the Business Class (Liberty Magazine, 1936)

FDR and the Business Class (Liberty Magazine, 1936)

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