Unequal distribution of wealth led to the Great Depression. Her class is about 75 minutes. Weve spent the last few weeks considering how americans adapted to abundance between the 1890s and 1920s. Despite the efforts of producers, advertisers, of retailers and of others, the supply of goods continue to outstrip demand. This wasnt because all everyone, all 106 million americans, had everything they needed. It was because they didnt have adequate purchasing power. They didnt have adequate wages or income to buy all of that stuff. And it wasnt just americans who were in this situation, but so too were our trading partners around the world. They didnt have enough income to buy all of the commodities we were producing in our fields and all of the wonderful things that we are our factories were making. So by the end of the 1920s, the American Economy went bust. You guys all know this. You all know that the stock get crashed in 1929. The World Economy went bust as well. A worldwide economic d
Stuff. And it wasnt just americans who were in the situation but so too were our trading partners around the world. They didnt have enough income to buy all the commodities we were producing in our fields and all the wonderful things our factories were making. So by the end of the 1920s the American Economy went bust. You all know the stock market crashed in 1929 and the World Economy went bust as well, a worldwide economic depression set in that lasted between 1929 and wasnt officially over until 1942. What was called the Great Depression could be considered a crisis of abundance. It brought attention to purchasing power and in doing so it ended up politicizing consumption. We talked a lot about how consumer culture rose to be at the very center of american culture. And i keep telling you we need to consider politics, and today is the day we will think about how consumption became plit politicized. So heres a graphic that typifies the usual story that historians tell about the Great D
Hindered American Consumers from keeping up with the high levels of american productivity. Her class is about 75 minutes. Its been the last few weeks considering how americans adapted to abundance, between the 1890s and the 1920s. Despite their efforts of producers, advertisers and retailers and of others, the supply of goods continue to outstrip demand. This was not because everyone all hundred 6 million americans had everything they needed. It was because they didnt have adequate purchasing power. They dont have adequate wages or income to buy all of that stuff. And it wasnt just americans who were in the situation. But so to our trading partners around the world. They dont have enough income to buy all of the commodities we were producing in our fields and all the wonderful things are factories were making. So by the end of the 1920s, the American Economy went bust. You will know this. You all know the stock market crashed in 1929. And the World Economy went bust as well. Worldwide
[inaudible conversation] [inaudible conversation] cspan, created by americas Cable Television companies and brought to you as a Public Service by your cable or satellite provider. This is booktv on cspan2, television for serious readers. Heres our prime time lineup. Tonight, starting at 6 30, Howard Maines recalls the National Guard shooting of students at Kent State University in 970. Then at 7 45, we profile the men and women who continue to hunt down nazi war criminals after the nuremberg and dachau trials. On after words at 9 p. M. Eastern, Senate Majority leader Mitch Mcconnell on his memoir, the long game, with senator lamar alexander. And at ten, meg jacobs describes the Energy Crisis of the 1970s following opecs decision to ban the export of oil to the United States in 1973. We wrap up booktv in prime time at 11 with 60 minutes correspondent leslie stahl. That all happens tonight on cspan2s booktv. During booktvs recent visit to las vegas, we toured the private book collection
When swanson, the secretary, found the dummy account she was floored. This is rita, after all. She immediately brought it to the attention of the mayor, who wasted no time in calling the fbi. Six months later they were ready and one morning in april 2012 rita called into the Mayors Office where the fbi was waiting for her. Rita confessed. After all she was caught redhanded. There was nothing much she could do. And fully cooperated with the fbi. This is not the mayor was so upset by now when asked what his thoughts were on the episode was he said, turned out Rita Cromwell didnt give a shit about this town. You can watch this and other programs online at booktv. Org. Mike jacobs, its a pleasure to get a chance to talk to you here at the carter center. I am also welcome the audience thats come out tonight to listen to our conversation. Mike jacobs is the author of panic at the pump the Energy Crisis and the transformation of american politicness the 1970s. Mike is a teaches history and Pu