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Destructive Creation - American Business and the Winning of World War II (Hardcover)
Loot Price: R2,780
Discovery Miles 27 800
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Destructive Creation - American Business and the Winning of World War II (Hardcover)
Series: American Business, Politics, and Society
Expected to ship within 10 - 15 working days
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During World War II, the United States helped vanquish the Axis
powers by converting its enormous economic capacities into military
might. Producing nearly two-thirds of all the munitions used by
Allied forces, American industry became what President Franklin D.
Roosevelt called "the arsenal of democracy." Crucial in this effort
were business leaders. Some of these captains of industry went to
Washington to coordinate the mobilization, while others led their
companies to churn out weapons. In this way, the private sector won
the war-or so the story goes. Based on new research in business and
military archives, Destructive Creation shows that the enormous
mobilization effort relied not only on the capacities of private
companies but also on massive public investment and robust
government regulation. This public-private partnership involved
plenty of government-business cooperation, but it also generated
antagonism in the American business community that had lasting
repercussions for American politics. Many business leaders, still
engaged in political battles against the New Deal, regarded the
wartime government as an overreaching regulator and a threatening
rival. In response, they mounted an aggressive campaign that touted
the achievements of for-profit firms while dismissing the value of
public-sector contributions. This probusiness story about
mobilization was a political success, not just during the war, but
afterward, as it shaped reconversion policy and the transformation
of the American military-industrial complex. Offering a
groundbreaking account of the inner workings of the "arsenal of
democracy," Destructive Creation also suggests how the struggle to
define its heroes and villains has continued to shape economic and
political development to the present day.
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