I think it was because he intervened too much in the economy and because of the Bonus Army scandal (both of which the 1932 DNC platform addressed).
If the man of the people (i.e., Al Smith) had won the DNC nomination in 1932, then there would've been no WWII and we wouldn't have the bureaucracy and welfare state we have today, there would've been no Holocaust and no Cold War... the Republican Party would've exclusively remained as the party of high taxes, corporate welfare, centralization of power, and imperialism... and we'd all be better off today.
It doesn't add up that Hoover lost because he intervened too little as he didn't intervene too little. Non-intervention in the economy was still popular in 1932 (it had been the Jeffersonian tradition since America's founding in 1776) and FDR even half way campaigned on cutting taxes/spending until he took office (he knew he could not have won if he told America he was going to regulate, tax, and spend).
If the man of the people (i.e., Al Smith) had won the DNC nomination in 1932, then there would've been no WWII and we wouldn't have the bureaucracy and welfare state we have today, there would've been no Holocaust and no Cold War... the Republican Party would've exclusively remained as the party of high taxes, corporate welfare, centralization of power, and imperialism... and we'd all be better off today.
It doesn't add up that Hoover lost because he intervened too little as he didn't intervene too little. Non-intervention in the economy was still popular in 1932 (it had been the Jeffersonian tradition since America's founding in 1776) and FDR even half way campaigned on cutting taxes/spending until he took office (he knew he could not have won if he told America he was going to regulate, tax, and spend).
