After the 1929 Market Crash the world fell into regional, nearly feudal isolation, and international trade quickly dried up. America, too, focused inward largely due to the nation’s earlier participation in the Great War in Europe.
Across the Pacific the Japanese Empire aimed to take advantage of global disinterest promoting its own national interests. Sold to other Asian countries as the “Co-prosperity Sphere,” hyper-nationalistic Japan intended to expand across the region, especially toward vulnerable, resource rich China.
Great Britain as well, struggled alone in a financial malaise, as did the French across the channel; both nations saddled with debt to American banks from the previous war. Germany, the defeated nation struggled with their own war debt demanded by the British and French.
The shroud of economic depression hung like a millstone over Europe and the rest of the world.
As the financial, and political fallout grew wildly unstable, regimes hunkered down and hoped for better times. However the climate instead became chaotic, bringing anti-democratic demagogues to power.
The Italians were first, producing a Fascist strongman, Benito Mussolini. El Duce, as he was known suppressed political diversity, harnessed economic efficiency, and soon, like the Japanese, pursued colonial inroads into Libya, and later the conquest of Ethiopia.
Germany soon flirted with its own style of fascism, with a meaner, violent credo. In a reaction to impossible debts, and national pride, Adolf Hitler, a feckless dreamer, stood on beer hall tables, and passionately spoke of national betrayal. Hitler revealed his malicious intentions by blaming Bolsheviks, Capitalists, and Jews for the hated Armistice of 1918, and war debt owed to the Allies.
Yet America, unlike the rest of the world, clung with all their might to the national system of Constitutional norms. At the same time Germany elected Hitler in 1932, the U.S. found their champion in Franklin Roosevelt.
A popular Roosevelt Coalition steered the country through those hard years holding America together. FDR’s New Deal and Fireside Chats broadcasts kept at bay the fears of a nation. That’s not to say there weren’t kooks, to borrow Lindsay Graham’s phrase, but Americans faced the long haul together, believing better days had to be ahead.
The current President is no Franklin Roosevelt. And his autocratic tendencies, strongly echo those in the 1930’s.
In Project 2025 Trump aims to raise tariffs, shut down borders, all done to economically and politically isolate America. Using the same playbook of past despots specific groups are targeted as the problem. The guilty include immigrants, the LGBTQ community, liberals, educators, women, and the rule of law all in the crosshairs. All done to divert and distract while he lines his pockets.
And his tactics, so far have succeeded making half of the electorate real mean.
So, here is the question. Can America survive?
Can Americans remain bound to the framework of our 238 year old republic as it did in the Great Depression? Or will this nation forsake our financial, social, and political traditions and turn to petty retribution and scapegoating?
Will we, as a nation withdraw from the world and exchange our democracy for a strong man who insists he has all the answers?
The signs are clear. When this national crisis has passed will there be enough of us left who stood resolute for our democracy? That is the question of this historic moment.
Gail Chumbley is a writer and history educator.