S2 AMERICAN WAY OF LIFE : A SHORT HISTORY Flashcards
18th century
US became independent country
Exceptionalism
US built ont this idea, that it was one of a kind : embodiment of democracy and freedom
Joseph Nye
Admiration, attraction and seduction are very important elements to gauge the power of a country
American Way of Life (AWOL)
Popularized term in the 1930 to identify the set of beliefs that corresponded to the American national character, a century and a half after its independence.
Michael L. Krenn, 2017
Defining the American Way of Life and what its cultural tenets are means defining “the sometimes-torturous path the country has taken in trying to create a national identity at home.”
1780 changes
From rural to urban society.
Past : men self-employed, owned property, produced their food for own consumption. Earn living and save money.
20th century : men lived in cities, consumed new set of items produced thanks to the growth of industrialization. Made Americans live in debt.
The “Robber Barons” (19th century, Gilded Age)
Nicknames for Andrew Carnegie, John D. Rockefeller, J.P. Morgan : dérogatory expression denouncing their shady and unfair practices. Most of them had become rich on their own, corresponding to the myth of the self-made man but made miney off the backs of their workers.
“Captains of industry” (also the Robber Barons)
That expression conveys the idea that without that kind of ambitious people, the United States would not have been able to move forward and become the world’s greatest industrial power. Lately, people such as Jeff Bezos, Mark Zuckerberg and Bill Gates were nicknamed the new “Robber Barons” because they started a business that was useful and that made the American economy healthy, but it was made at the expense of their workers or users
1930s
Distrust about the Robber Barons of the industry BUT seems there was no way back (AWOL sustained by industrialization and big business, industrial country whose progress could not be slowed down).
1930s : decade during which Americans had already become hooked on consumerism, despite the problems that lay ahead.
Great Depression
Economic depression following the crash of 1929. During “Roaring 20s” : speculation in the stock market : borrow in order to invest (in stock market and real estate) but crash = people lost everything.
1933 : 15 millions unemployed (24,9%), half of banks had failed. Deflation (reduction in money supply).
New Deal
Implemented by President Franklin D. Roosevelta : set of government programs (1933-39) that aimed to stop the Depression, alleviating the suffering of the unemployed Americans, and preventing future recessions.
Social Security Act 1935
Signed during the second phase of the New Deal, including unemployment insurance, aid to the disabled and poor families, and retirement benefits.
1936
US Supreme Court declared that a few laws were unconstitutional on the grounds that neither the industry, the economy or social matters could be regulated by the federal government, as mentioned in the Constitution (Roosevelt’s measures were deemed too socialist even if unemployment had dropped to 15%)
Roosevelt’s definition of liberty
“Greater security for the average man”, which justified government intervention (and thus, less freedom).
2 visions of America
- One favoring government intervention to address economic problems (Franklin D. Roosevelt and his New Deal policies : active government measures were necessary to combat the economic problems caused by the Great Depression and to ensure a fairer society)
- The other advocating for a free enterprise system with minimal government involvement (Ogden L. Mills VS “governmentally planned economy”)
1938 Contest about “The American Way”
Editor of Harper’s Magazine : best essay winners (David Cushman Coyle, and three runners-up, Carl Dreher, Carl Landauer and Gerald W. Johnson)