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No - history won't repeat itself. FDIC has emerged as something that works - that's the main difference, I think. Without FDIC - we would have had a major run on the banks. The government stepping in and preventing wholesale collapse of the financial sector is what the government is supposed to do.
Also - in the 1930's we did not yet have a middle class of any significance. You had people go from poor, to poor and starving and thinking that maybe communism was better than starving to death. Massive unemployment and democracy don't go well together - if you look at the rise of fascism, tyrants, and communism in previously democratic states, you'll find that unemployment is the common denominator.
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