Abstract

Elegy for the Elite
Chase, Stuart | November 21, 1936 issue

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U.S. President Franklin D. Roosevelt now commands the symbols and dominates the American economy. The only considerable barrier to any reasonable program on behalf of economic reform is the Supreme Court. This barrier will not be permanent; it cannot be, when a people speak so emphatically. What will he do with his mandate and his power? Nobody knows, but one may hazard a guess, based on the trend. President Roosevelt is without dogma or fixed economic principles. He is not a Socialist, a single-taxer, a proponent of consumers' cooperation, or a rigorous social planner. He just wants to make people more comfortable, and he passionately wants to save the land and resources of America so that oncoming generations may be comfortable.

See Also:

PRESIDENTS -- United States; ROOSEVELT, Franklin D. (Franklin Delano), 1882-1945; ECONOMIC reform; ECONOMIC policy; ECONOMIC development; SOCIALISTS; SOCIAL planning; UNITED States
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