Unfortunately, Roosevelt efforts to get the country out of the depression and arm for war involved crony capitalism, with lucrative government contracts being granted to politically-connected big businesses.
His high tax rates and burdensome regulations caused other businesses to out-source overseas.
Over time, these actions led to the creation of international big businesses whose patriotism was to their profits and who were not averse to working with socialist governments as a means secure monopolies and guarantee profits.
Capitalism split in two, with individual capitalism being patriotic, supporting the country that gave opportunities for advancement; and globalist capitalism which squelches competition by supporting big government socialist politicians who can return the favor with insider dealing.
Michael Rectenwald wrote in the article "What Is the Great Reset" (Imprimis, Dec. 2021, Vol. 50, Issue 12)
"Klaus Schwab and the WEF (World Economic Forum) have promoted the idea of stakeholder capitalism ... which ... Italian philosopher Giorgio Agamben has called 'communist capitalism' ...
The goal of the Great Reset is 'capitalism with Chinese characteristics'—a two-tiered economy, with profitable monopolies and the state on top and socialism for the majority below ..."
"The West began with capitalism and is now implementing a Chinese-style political system.
This Chinese-style system includes vastly increased state intervention in the economy, on the one hand, and on the other, the kind of authoritarian measures that the Chinese government uses to control its population.
Schwab and Malleret write that if 'the past five centuries in Europe and America' have taught us anything, it is that 'acute crises contribute to boosting the power of the state.'”