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War Collectivism

  • War Collectivism by Murray N. Rothbard
May 16, 2012

Tags Big GovernmentU.S. History

More than any other single period, World War I was the critical watershed for the American business system. It was a "war collectivism," a totally planned economy run largely by big-business interest through the instrumentality of the central government, which served as the model, the precedent, and the inspiration for state corporate capitalism for the remainder of the century.

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