The Great Depression: America, 1929–1941
The Great Depression: America, 1929–1941 () is a 1984 history of the Great Depression by acclaimed historian Robert S. McElvaine. In this interpretive history, McElvaine discusses the causes and the results of the worst depression in American history, covering the time from 1929 to 1941. He examines the causes of this cataclysmic event, its impact upon the American people, and the political, governmental, and cultural responses to it. He comes down firmly in favor of the "demand-side" argument that maldistribution of income in the 1920s having left the bulk of potential consumers with too small a share of national income to buy all that mass production was putting on the market was the principal cause of the collapse. Building on his innovative use of letters written by "ordinary" Americans during the Depression that were collected in his first book, "Down and Out in the Great Depression", McElvaine takes readers into the experience of Depression victims to an extent never before achieved.
Fascism
The conditions of economic hardship caused by the Great Depression brought about an international surge of social unrest. According to historian Philip Morgan, "the onset of the Great Depression...was the greatest stimulus yet to the diffusion and expansion of fascism outside Italy". Fascist propaganda blamed the problems of the long depression of the 1930s on minorities and scapegoats: “Judeo-Masonic-bolshevik” conspiracies, left-wing internationalism and the presence of immigrants.