For too many of us the political equality we once had won was meaningless in the face of economic inequality. A small group had concentrated into their own hands an almost complete control over other people's property, other people's money, other people's labour — other people's lives. For too many of us life was no longer free; liberty no longer real; men could no longer follow the pursuit of happiness. Against economic tyranny such as this, the American citizen could appeal only to the organized power of government.
President Franklin Delano Roosevelt, addressing the Democratic National Convention, 1936, the last time a northern Democrat was elected to a second term in the White House.
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