The World In Depression 1929 1939

“The World in Depression is the best book on the subject, and the subject, in turn, is the economically decisive decade of the century so far.”—John Kenneth Galbraith

"The World in Depression is the best book on the subject, and the subject, in turn, is the economically decisive decade of the century so far."--John Kenneth Galbraith

This study broadens the conventional focus of the Great Depression to include its impact on the countries of Africa, Asia and Latin America. It covers the economic background and causes, from the international gold standard to agricultural over-production in the US. Other areas discussed include: the impact on the peasantry in developing countries; the political consequences, such as fascism in Europe; and the aftermath and the re-alignment of America, Europe and its colonies. Key areas, such as Keynesian theory, are explained in accessible terms.

Over 1.5 million Canadians were on relief, one in five was a public dependant, and 70,000 young men travelled like hoboes. Ordinary citizens were rioting in the streets, but their demonstrations met with indifference, and dissidents were jailed. Canada emerged from the Great Depression a different nation. The most searing decade in Canada's history began with the stock market crash of 1929 and ended with the Second World War. With formidable story-telling powers, Berton reconstructs its engrossing events vividly: the Regina Riot, the Great Birth Control Trial, the black blizzards of the dust bowl and the rise of Social Credit. The extraordinary cast of characters includes Prime Minister Mackenzie King, who praised Hitler and Mussolini but thought Winston Churchill "one of the most dangerous men I have ever known"; Maurice Duplessis, who padlocked the homes of private citizens for their political opinions; and Tim Buck, the Communist leader who narrowly escaped murder in Kingston Penitentiary. In this #1 best-selling book, Berton proves that Canada's political leaders failed to take the bold steps necessary to deal with the mass unemployment, drought and despair. A child of the era, he writes passionately of people starving in the midst of plenty.

The Great Crash of 1929 profoundly disrupted the United States' confident march toward becoming the world's superpower. The breakneck growth of 1920s America--with its boom in automobiles, electricity, credit lines, radio, and movies--certainly presaged a serious recession by the decade's end, but not a depression. The totality of the collapse shocked the nation, and its duration scarred generations to come. In this lucid and fast-paced account of the cataclysm, award-winning writer Charles R. Morris pulls together the intricate threads of policy, ideology, international hatreds, and sheer individual cantankerousness that finally pushed the world economy over the brink and into a depression. While Morris anchors his narrative in the United States, he also fully investigates the poisonous political atmosphere of postwar Europe to reveal how treacherous the environment of the global economy was. It took heroic financial mismanagement, a glut-induced global collapse in agricultural prices, and a self-inflicted crash in world trade to cause the Great Depression. Deeply researched and vividly told, A Rabble of Dead Money anatomizes history's greatest economic catastrophe--while noting the uncanny echoes for the present.

Hundreds of ordinary Canadians tell their own stories in this book. They tell them in their own words, and the impact is astonishing. As page after page of unforgettable stories rolls by, it is easy to see why this book sold 300,000 copies and why a successful stage play that ran for years was based on them. The stories, and the 52 accompanying photographs, tell of an extraordinary time. One tells how a greedy Maritime landlord ho tried to raise a widow's rent was tarred and gravelled; another how rape by the boss was part of a waitress's job. Other stories show Saskatchewan families watching their farms turn into deserts and walking away from them; or freight-trains black with hoboes clinging to them, criss-crossing the country in search of work; or a man stealing a wreath for his own wife's funeral. Throughout this portrait of the era before Canada had a social safety net, there are amazing stories of what Time magazine called "human tragedy and moral triumph during the hardest of times." In the end, this is an inspiring, uplifting book about bravery, one you will not forget.