The Ghost of Tom Joad guitar work and the lyrics on many of the tracks are a somber reflection of life in the mid-1990s in America and Mexico. The character of Tom Joad entered the American consciousness in John Steinbeck’s 1939 Pulitzer Prize-winning novel, "The Grapes of Wrath", set against the economic hardships of the Great Depression. This spawned a film version starring Henry Fonda, which in turn inspired folk singer Woody Guthrie to pen "The Ballad of Tom Joad". The album's release was followed by Springsteen's solo acoustic Ghost of Tom Joad Tour, which ran from 1995 to 1997 and consisted of mostly small
Great Depression in Canada economic theories of an Englishman, C. H. Douglas. His theories became very popular across the nation in the early 1930s. A central proposal was the free distribution of dividends (or social credit), called "funny money" by the opposition. During the Great Depression in Canada the demand for radical action peaked around 1934, after the worst period was over and the economy was recovering. Mortgage debt was significant because farmers could not meet their interest payments. The insecurity of farmers, whose debts were increasing and who had no legal protection against foreclosure, was a potent factor in creating a mood of