Progressive Movement and Key Presidential Reforms
Progressive Movement
- Emerged after the Gilded Age, marked by government inaction (laissez-faire).
- Aims for significant reforms to address issues stemming from the era.
Role of Government
- Progressives believe government should actively intervene to correct social and economic problems.
- There was debate in class on whether government is a problem or a solution.
Theodore Roosevelt (TR) and the Square Deal
- Roosevelt is known for being a reformist who aimed to create fairness for all Americans (Square Deal).
- TR’s personal tragedies (e.g., losing his wife and mother) shaped his character and presidency.
- Known as a “trust buster,” he allowed monopolies to exist as long as they acted for the good of the public but actively broke up those that did not.
Trusts and Big Businesses
- A “trust” refers to a large business or monopoly controlling an industry, e.g., Carnegie (steel), Rockefeller (oil).
- Methods to control big businesses:
- Socialism: Extreme method where the government takes over all businesses.
- Prosecution: Legal action against monopolistic behaviors.
- Regulation: Establishing watchdog agencies to monitor corporate actions (keeping workers safe, environmental concerns).
- Taxation: Increasing taxes on large, unethical businesses.
- Shift from hands-off (laissez-faire) to a regulatory approach.
Government Intervention
- Case study: 1902 coal strike; Roosevelt intervened for fair negotiation instead of using military force to crush the strike.
- First instance where a president sided with workers over management.
Conservation Efforts
- TR promoted conservation of natural resources and management rather than blind preservation (e.g., setting aside lands for parks and forests).
Consumer Protection
- Based on issues raised by Upton Sinclair’s "The Jungle" about the meat-packing industry, prompting Roosevelt to push for regulations (Pure Food and Drug Act).
- Emphasis on quality and safety of food and medical products.
Election of 1912
- Split Republican vote between Taft and Roosevelt allowed Woodrow Wilson (Democrat) to win the presidency.
- The Progressive Party, also known as the Bull Moose Party, was formed by Roosevelt in response to the Republican nomination process.
Woodrow Wilson's Presidency and Reforms
- Wilson continued progressive reforms with the direct election of senators (17th Amendment) and the establishment of the Federal Reserve System for banking reform.
- Focus on managing the money supply and interest rates to control the economy.