I mean, the orthodox marxist historian take on this stuff is that Hooverism was too late but basically the correct state ideology for an earlier period of capitalist victory over feudalism.
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Every other industrializing country of the 1800s greatly increased state capacity to deal with the challenges of industrialization. The USA is an exception, and not in a effective way
What we now call accelerationism is going even further and saying that Hoover should have won because he could have pushed the contradictions of capitalism farther into socialist revolution territory rather than the New Deal settlement.
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