FROM AGRARIANISM TO ADJUSTMENT: THE POLITICAL ORIGINS OF NEW DEAL AGRICULTURAL POLICY
In: Politics & society, Band 11, Heft 1, S. 1-28
ISSN: 0032-3292
FROM 1920 TO 1933, AMERICAN AGRICULTURE WAS IN CRISIS. DEMAND FOR FARM PRODUCTS DROPPED, BUT FARMERS, PRESSED BY THE RISING COST OF MANUFACTURED GOODS AND BY MORTGAGE PAYMENTS ON WARTIME EXPANSION, WERE UNABLE TO REDUCE THEIR PRODUCTION ACCORDINGLY. DURING THE OTHERWISE PROSPEROUS MID-1920S, FARMERS DEMANDED GOVERNMENTAL SOLUTIONS TO THEIR PROBLEMS, PROVIDING THE STRONGEST CHALLENGE TO THE POLITICAL DOMINATION OF EASTERN FINANCE AND INDUSTRY. AFTER 1929, THE AGRICULTURAL DEPRESSION PROVED AN ECONOMIC DANGER TO BIG BUSINESS AS WELL, SINCE THE CONTINUED WEAKNESS OF RURAL PURCHASING POWER SERVED AS A BARRIER TO INDUSTRIAL RECOVERY. DESPITE THE DEPTH OF THE AGRICULTURAL CRISIS AND ITS IMPORTANCE FOR AMERICAN CAPITALISM, THE RESPONSE OF THE STATE WAS FAR FROM AUTOMATIC. IT WAS ONLY IN 1933, WITH THE FORMATION OF THE AGRICULTURAL ADJUSTMENT ADMINISTRATION (AAA), THAT THE STATEADMINISTERED PATH TO EVENTUAL AGRICULTURAL RECOVERY WAS TAKEN. IN THIS ARTICLE, I SHALL ATTEMPT TO EXPLAIN WHY THE STATE TOOK SO LONG TO INTERVENE, AND WHY IT DID SO WHEN IT DID, AT THE BEGINNING OF THE ROOSEVELT ADMINISTRATION. I SHALL ALSO BRIEFLY SHOW HOW THE SAME FACTORS THAT MADE THE AAA POSSIBLE IN 1933 CAME TO SERVE AS CONSTRAINTS UPON IT.