Why did Capitalism not collapse during the Great Depression?
Why did Capitalism not collapse during the Great Depression? There were other political parties out there such as the social credit, communists and CCF yet, why did people choose to stick with Capitalism? Help is appreciated Thanks! 
Study it again. A vast progressive policy was implemented during the Depression. Big business was bullied, and threatened by FDR to toe the line or else.
The new progressive policies of FDR and the businesses benefited by the Smoot-Hawley Tariff were the two sides of the fascist coin. Even today remains the marriage between big government and big business. What you think of the great American capitalism, wasn’t particularly free market, and had more in common with the economic policies of Hitler of Mussolini that a truly free market. Even what set of the depression, the central bank of the time is a feature of a corporatist/ fascist State rather than a free market.
it worked for 50 years before the depression, and people were kinda hoping that it will continue working in the future if only they could fix it. Nearly 100 years later, it seems that they were right.
References :
Study it again. A vast progressive policy was implemented during the Depression. Big business was bullied, and threatened by FDR to toe the line or else.
The new progressive policies of FDR and the businesses benefited by the Smoot-Hawley Tariff were the two sides of the fascist coin. Even today remains the marriage between big government and big business. What you think of the great American capitalism, wasn’t particularly free market, and had more in common with the economic policies of Hitler of Mussolini that a truly free market. Even what set of the depression, the central bank of the time is a feature of a corporatist/ fascist State rather than a free market.
References :