THE DARKEST DECADE
America and the Great Depression, 1929–1941By Frances Millicent Shaw
Length5h 58m
About this audiobook
The complete narrative history of the Great Depression, 1929–1941 — Black Tuesday, the New Deal, FDR, the Dust Bowl Okies, and the human cost of America's darkest decade.
On October 29, 1929, 16.4 million shares changed hands on the New York Stock Exchange. General Electric lost $1.7 billion in a single day. Radio Corporation of America fell from $505 per share to $26 before the year was out. American stocks shed $14 billion in one week — more than four times the entire federal budget. The ticker tape ran until midnight, still printing transactions from a world that had ceased to exist.
This is the story of what followed. Frances Millicent Shaw traces the full arc of America's Great Depression history across twenty-four chapters — from the structural causes of collapse, through Hoover's principled but catastrophic response, through FDR's Hundred Days and the New Deal's experiments, to the human stories statistics cannot tell. Named throughout: FDR, Eleanor Roosevelt, Frances Perkins, Dorothea Lange, and the 400,000 depositors of the Bank of the United States who lost everything on December 11, 1930.
Inside this Great Depression history:
Black Tuesday and its causes — margin calls, 30,000 undiversified banks, Smoot-Hawley, and Mellon's "liquidate everything" philosophy (Chapters 1–4)
The banking crisis and FDR's response — the national banking holiday, the Emergency Banking Act passed in 38 minutes, and the Fireside Chat that put deposits back in banks (Chapter 4)
Social Security and the Second New Deal — Frances Perkins, the first female cabinet member, who drove both landmark laws through twelve years as Labor Secretary (Chapter 11)
The New Deal and race — Walter White on anti-lynching, Mary McLeod Bethune's NYA division, and 100,000 Black sharecroppers evicted under AAA controls (Chapter 15)
The WPA cultural explosion — Orson Welles in Harlem, John Cheever and Ralph Ellison on the Writers' Project payroll, Dorothea Lange's "Migrant Mother" (Chapter 16)
Women and survival — women's employment rose from 10.7 to 13 million despite dismissal campaigns; flour-sack clothing, "Depression cake," and boarders kept families alive (Chapter 17)
The honest reckoning — court-packing, the 1937 Roosevelt Recession, and why World War II — not the New Deal — ended the Depression (Chapters 21–24)
The New Deal left behind the FDIC, Social Security, the SEC, and the TVA. It left behind, too, an unfinished question: how much can democratic government do when markets fail? The Depression decade's answer was provisional. The debate has never ended.
For readers of David Kennedy's FREEDOM FROM FEAR and Jonathan Alter's THE DEFINING MOMENT.
Audiobook details
GenreHistory
Length5 hrs 58 mins
Narrated byListen with 1,000+ voices
FormateBook with Audio
Publish dateJun 2, 2026
LanguageEnglish
Table of contents
1Introduction
2Prologue: The Party Ends
3PART ONE: THE CRASH AND ITS CAUSES (1929)
4Chapter 1: Black Tuesday — The Stock Market Collapses
5Chapter 2: The Structural Weaknesses — Why the Economy Failed
Show all chaptersShow less
6Chapter 3: Hoover's Response — The Limits of Republican Orthodoxy
7Chapter 4: The Banking Crisis — When the Banks Failed
8PART TWO: THE DEPRESSION DEEPENS (1930–1932)
9Chapter 5: Unemployment and Breadlines — The Human Cost
10Chapter 6: The Dust Bowl — Drought, Displacement, and the Okies
11Chapter 7: Hoovervilles — Shanty Towns and Broken Dreams
12Chapter 8: The Bonus Army — Veterans March on Washington
13PART THREE: FRANKLIN ROOSEVELT AND THE NEW DEAL (1933–1935)
14Chapter 9: The Hundred Days — Roosevelt's Emergency Response
15Chapter 10: The First New Deal — Relief, Recovery, and Reform
16Chapter 11: The Second New Deal — Social Security and the Wagner Act
17Chapter 12: Opposition to the New Deal — Business, Courts, and the Left
18PART FOUR: NEW DEAL AMERICA (1933–1939)
19Chapter 13: The CCC and PWA — Putting America to Work
20Chapter 14: The TVA — Government Power and Regional Development
21Chapter 15: The New Deal and Race — Promises and Limits
22Chapter 16: Cultural Depression — Art, Literature, and the WPA
23PART FIVE: THE DEPRESSION'S HUMAN STORIES (1930–1940)
24Chapter 17: Women and the Depression — Gender, Work, and Survival
25Chapter 18: The Midwestern Exiles — From Oklahoma to California
26Chapter 19: Labor Rising — The CIO and the Sit-Down Strikes
27Chapter 20: Voices of the Depression — Photographers, Writers, and Radio
28PART SIX: END AND LEGACY
29Chapter 21: Court-Packing and the Conservative Turn — 1937
30Chapter 22: The Roosevelt Recession — The Limits of New Deal Economics
31Chapter 23: The Depression Ends — World War II and Economic Recovery
32Chapter 24: The New Deal Legacy — What It Changed and What It Didn't
33Epilogue: What the Depression Made
34Acknowledgments
35Selected Bibliography
36About the Author
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