10. The Times That Tried Only Men’s Souls: Women, Work, and Public Policy in the Great Depression

2020 ◽  
pp. 219-238
Author(s):  
Elaine S. Abelson
Author(s):  
Charles W. Calomiris

Deposit withdrawal pressures on banks, which sometimes take the form of sudden runs, have figured prominently in the discussion of public policy toward banks and the construction of safety nets such as deposit insurance and the lender of last resort. This chapter examines historical evidence from the Great Depression, and other episodes, on the factors that prompted withdrawals, the discussion of contagious runs, and the public policy implications. The historical evidence is presented in detail and is connected to the debate over the proper roles of deposit market discipline via the threat of withdrawals, the insurance of deposits, and lender-of-last-resort support for banks facing withdrawal pressures.


Author(s):  
Viacheslav D. Shevchenko ◽  
Andrei V. Komarov

The present article describes the analysis of the peculiarities of such a cognitive-communicative phenomenon as American photographic discourse. It contains sociolinguistic and cultural-semiotic particular features. The present complex discourse is analyzed in the context of linguistic synchrony during the period of the Great Depression, the economic crisis that influenced not only the American discursive space but also all the spheres of the American society from 1929 till 1942. The authors typify the photographic discourse as a synthesis of linguistic forms comparing it with the utterance (act of speech) by virtue of its peculiar structural components – persuasion, cognition and purposefulness. The authors conclude that the American photographic discourse combines the inner qualities of the visual, author and critical art (the arts) discourses because of its complex essence. Besides, the lexical representatives of the American photographic discourse of the times of the Depression are defined by a certain semantic peculiarity – absence of the words with the abstract meaning. According to the authors, such a consistency may be explained not only due to the presence of the semantic links with the main “Depression” macro-concept and also due to the certain socio-historical events. The majority of the representatives materializing the micro-concepts possess the negative evaluative connotation as evidenced by the commemoration of the “crisis” integral seme peculiar both for the macro Depression concept and all the micro-concepts (“Poverty”, “Manual Labor”, “Racism”, “Migration”, “Death”, “Disease” and “Protest”). However, the important characteristic of the “Manual Labor” micro-concept is a high frequency rate of the words denoting professions in the sphere of farming and mining. Such a tendency proclaims the US individualistic culture that is focused on the personal initiative and the active combating the difficulties. The analysis of the syntactic means objectified within the framework of the American photographic discourse has demonstrated that the titles of the photographs presented in the form of phrases (word clusters) have a sentence-like essence. Such a characteristic presupposes the presence of the predication and modality features specifically attributed to a sentence. As the result, there has been acknowledged the special complex syntactic status of the titles of the American photographs.


2018 ◽  
pp. 35-57
Author(s):  
Lance Freeman

From the Great Depression until the 1970s, project-based housing assistance, in the form of the Public Housing Program, was planned and developed in a way that reinforced existing patterns of residential segregation by race. As the victims of public policy that promoted segregation, African Americans decried the way that public housing was used to expand and maintain the ghetto. The dire and persistent need for decent affordable housing and the concomitant resources that develop and maintain such housing, however, have complicated the African American response to segregated affordable housing. This complex and multifaceted stance toward segregated affordable housing has had implications for affordable housing policy from the Public Housing Program through the Low-Income Housing Tax Credit. This chapter chronicles the African American response and considers the implications of this response for past, present, and future public policy.


1996 ◽  
Vol 15 (2) ◽  
pp. 263-277 ◽  
Author(s):  
Ronald Paul Hill ◽  
Elizabeth C. Hirschman ◽  
John F. Bauman

One of the most controversial public policy debates of the present decade involves entitlement programs for the poor. Many of these programs originated during the widespread poverty of the Great Depression. The authors reconstruct what consumers experienced during the Great Depression through a primary analysis of observations of consumer behavior, which are preserved in archival reports, and a secondary analysis of letters expressing the consumers’ plight that the consumers themselves authored and sent to various government officials. The four themes resulting from the analyses of these data are (1) consumption conditions, (2) labor as an expendable resource, (3) class and ethnic conflict, and (4) return to self-sufficient modes of production. The broader implications of these historic events for consumer researchers interested in current poverty issues and public policy are provided in the conclusion.


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