Abstract
ity and to what ends reappeared in postwar America. Most conservatives were alarmed by the growth of economic and political power of farmers, organized workers, and centralized federal agencies. Most liberals, on the other hand, were equally alarmed by the persistent presence of vast concentrations of private economic power, despite fifty years of vigorous anti-trust agitation. Both political camps were apprehensive over the American economy's stability. The continuous inflationary spiral and its generation of acrimonious strife between labor and management inflamed the ideological clash further.
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