State Capacity and Economic Intervention in the Early New Deal

  title={State Capacity and Economic Intervention in the Early New Deal},
  author={Theda Skocpol and Kenneth Finegold},
  journal={Political Science Quarterly},
descent from parliamentary democracy into the Nazi dictatorship. No such radical change of regime occurred in the United States. Yet the "New Deal" of Franklin Delano Roosevelt's first two presidential terms (1933-1940) was one of the most innovative sets of measures put through by any of the liberaldemocratic governments caught up in the maelstrom of the Great Depression. In the context of U.S. history, moreover, the New Deal-along with the national mobilizations for World Wars I and II-was a… 

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