History 1807 Lecture Notes - Lecture 11: War Production Board, War Industries Board, William S. Knudsen
6 Feb 2018
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Document Summary
Marx was wrong in the fact that the capitalists could change their ways. More people became radicalized in the 19th century: nazi parties etc. World war 1; americas entry into the war both consolidates the power of big business and affirms the role of the state in the regulation of business. The war experience showed either a state controlling business or colluding with (cid:271)usi(cid:374)ess; this (cid:272)o(cid:373)es to (cid:271)e regarded as (cid:858)(cid:272)orporate li(cid:271)eralis(cid:373)(cid:859) World war ii: the second world war solidifies the partnership between business and government that began during great war. Office of production management, led by william knudsen (former president of general. Motors); replaced by war production board, led by donald nelson (sears-roebuck) Office of price administration and civilian supply. Office of economic stabilization: national labor board. Postwar american business is defined by corporate mentality and by massive government spending in the economy.
