Description: Franklin Delano Roosevelt is frequently described as one of the greatest presidents in American history. He is also remembered for his leadership during the Great Depression and World War II. Antony Sutton challenges this received wisdom, presenting a controversial but convincing analysis. Based on an extensive study of original documents, Sutton concludes that FDR was an elitist who influenced public policy to benefit special interests, including his own; that FDR and his Wall Street colleagues were "corporate socialists" who believed in making society work for their own benefit; and that FDR believed in business but not in free-market economics. This much more than a fascinating historical and political study. Many contemporary parallels can be drawn to Sutton's powerful presentation given the recent banking crises and worldwide governments bolstering of private institutions via the public purse.
Brief description: Antony C. Sutton (1925-2002) was born in London and educated at the universities of London, Gottingen and California. He was a Research Fellow at the Hoover Institution for War, Revolution, and Peace at Stanford, California, from 1968 to 1973, and later an Economics Professor at California State University, Los Angeles. He is the author of 25 books, including the major three-volume study Western Technology and Soviet Economic Development.
Review Quotes: "Sutton comes to conclusions that are uncomfortable for many businessmen and economists. For this reason, his work tends to be either dismissed out of hand as 'extreme' or, more often, simply ignored."