The unrestrained power of the business community was finally confronted with an effective challenge, and what emerged was a system of reformed capitalism, with far more protection for workers, farmers, consumers, and others than in the past. While New Left historians consider the New Deal as a failure, a dreary chronicle of missed opportunities, inadequate responses to problems, and damaging New Deal initiatives. The Roosevelt administration may have saved capitalism, but it failed to help—and in many ways actually harmed—those groups most in need of
The unrestrained power of the business community was finally confronted with an effective challenge, and what emerged was a system of reformed capitalism, with far more protection for workers, farmers, consumers, and others than in the past. While New Left historians consider the New Deal as a failure, a dreary chronicle of missed opportunities, inadequate responses to problems, and damaging New Deal initiatives. The Roosevelt administration may have saved capitalism, but it failed to help—and in many ways actually harmed—those groups most in need of