MGMT 1030 Lecture Notes - Lecture 4: Price Controls, Mixed Economy, Macroeconomics
Document Summary
It took a world war for canism to become a government policy. He saw that what worked in war could also work in peace. In the battle of ideas hiack was on the losing side, everyone agreed we needed more planning which was canes idea. With the world at world canes met up with delegates to plan post-war. His idea of idealism and humanity was an inspiration (canes) Ve day 1945, war was over troops came marching home. At the end of world war 2 there was no faith in the market economy as the great depression grew on. System of planning and controls they hoped would continue on post war. Socialist atly, went out of his way to go against churchills system. Britain went to the poles, churchill was out and people had voted for a new socialist rule(they did not trust churchill) atly.