The 1930s uniquely marginalized market advocates in the entire Anglo-American industrial era.

Evidence

In the Anglo- American world since the onset of the Industrial Revolution, the marginalization of market advocates during the early and middle years of the 1930s remains a singular event. This can be attributed in part to the loss of trust in markets that tends to accompany the onset of severe fi nancial crisis. But while events seem to shape the horizons of a discursive world, their hold on the ideological life of a community is not complete. However dismayed economists may feel at the level of public debate, their ideas, arguments, and assumptions all help frame its content and structure. This infl uence is most palpable in periods of uncertainty, when settled assumptions can suddenly become objects of debate within a broadened public sphere. — Angus Burgin, The Great Persuasion, 44

Categorization

• DEFINE: Introduced the author’s core periodizing claim that the 1930s marginalization of market advocacy is historically singular — a useful framing device.