The original liberalism of the late 19th and early 20th centuries dictated that the economic system must rebalance itself and that government interference would be counterproductive; this ideology prevented aggressive intervention even during the Great Depression, with only Hoover's tentative reforms preceding Franklin Delano Roosevelt's comprehensive government intervention approach.
factualpending
Speaker
Victor JvetszEvidence Quote
“The original liberalism basically dictated that the system has to rebalance itself...the system didn't believe in government interference.”
Created: 8/11/2026, 7:31:56 AM
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