According to: 1932 presidential election, Hoover stepped down under heavy siege, and Democratic candidate Roosevelt was elected president. Roosevelt once announced to the American people that if the election was successful, he would "ensure the implementation of the New Deal for the American people" and declared: "The New Deal is by no means a political lobbying, but a battle slogan." Core: (1) new theory: state intervention in economy; (2) New model: state monopoly capitalism; (3) A new starting point: the capitalist system has been reborn.