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The 1930s. Part II: From “The Second New Deal” to the Coming of the Second World War. The Second New Deal. Note: The “Second New Deal” is considered to be a part of the New Deal as a whole. Why a Second New Deal?. The first one was not working.
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The 1930s Part II: From “The Second New Deal” to the Coming of the Second World War
The Second New Deal Note: The “Second New Deal” is considered to be a part of the New Deal as a whole.
Why a Second New Deal? • The first one was not working. • Roosevelt was under fire from critics on the left who claimed his New Deal had not gone far enough.
Why a Second New Deal? • The first one was not working. • Roosevelt was under fire from critics on the left who claimed his New Deal had not gone far enough. • The Supreme Court had declared many features of the early New Deal to be unconstitutional.
Why a Second New Deal? • The first one was not working. • Roosevelt was under fire from critics on the left who claimed his New Deal had not gone far enough. • The Supreme Court had declared many feature of the early New Deal to be unconstitutional. • Roosevelt himself was eager to go farther.
Social Security: The Centerpiece of the “Second New Deal” • Was never based on investment. • Benefits were paid out as soon as funds came in. • Is a “pyramid scheme” or “ponzi scheme.” • In every pyramid scheme a large number of people wind up paying but never receiving.
The Coming of the Second World War Four aggressive, totalitarian regimes threatened peace and freedom: • Fascist Italy
Fascist Italy Benito Mussoli
The Coming of the Second World War Four aggressive, totalitarian regimes threatened peace and freedom: • Fascist Italy • National Socialist Germany
National Socialist Germany Adolf Hitler
The Coming of the Second World War Four aggressive, totalitarian regimes threatened peace and freedom: • Fascist Italy • National Socialist Germany • Racist/Nationalist Imperial Japan
Imperial Japan Hideki Tojo
The Coming of the Second World War Four aggressive, totalitarian regimes threatened peace and freedom: • Fascist Italy • National Socialist Germany • Racist/Nationalist Japan • Communist Soviet Union
The Soviet Union Joseph Stalin
Japan in China The Rape of Nanking, December 1937
Japan in China The Rape of Nanking, December 1937
Japan in China The Rape of Nanking, December 1937
Japan in China The Rape of Nanking, December 1937
German provocations • Militarization of the Rhineland • Expansion of German army, navy, air force, far beyond treaty limits • Annexation of Austria • Annexation of Bohemia
Munich 1938 British Prime Minister Neville Chamberlain: “Peace for our time”