Herbert Hoover’s “Rugged Individualism” Campaign Speech (1928)
Glossary
checks and balances safeguards, in the form of laws and organizational structures, that balance the power among branches of government by placing controls on their influence and authority
devil-take-the-hindmost an expression meaning “every man for himself,” implying that those who are not fast enough to get themselves out of the devil’s way will become his victims
interprets itself inserts itself
laissez faire French term, meaning “let do,” for a policy of allowing events, especially in economics, to run their course with a minimum of government intervention
paternalism a policy of providing for citizens as though they were children and the government a father, the implication being that people are incapable of caring for themselves
retarded recuperation slowed recovery from World War I
state socialism any variety of Socialism in which the state controls factories and other means of production