Political Control of the Economy

Prolific munitions production keyed America's triumph in World War II but so did the complex economic controls needed to sustain that production. Artillery, tanks, planes, ships, trucks, and weaponry of every kind were constantly demanded by the military and readily supplied by American business. While that relationship was remarkably successful in helping the U.S. win the war, it also raised troubling issues about wartime economies that have never been fully resolved. Focusing on the mobilization of national resources for a truly global war, Paul Koistinen analyzes all relevant aspects of the World War II economy from 1940 through 1945, describing the nation's struggle to establish effective control over industrial supply and military demand--and revealing the growing partnership between the corporate community and the armed services. Koistinen traces the evolution of federal agencies mobilizing for war--including the National Defense Advisory Commission, the Office of Production Management, and the Supply Priorities and Allocation Board--and then focuses on the work of the War Production Board from 1942-1945. As the war progressed, the WPB and related agencies oversaw the military's supply and procurement systems; stabilized the economy while financing the war; closely monitored labor relations; and controlled the shipping and rationing of fuel and food. Koistinen reveals how representatives of industry and the armed services expanded upon their growing prewar ties to shape policies for harnessing the economy, and how federal agencies were subsequently riven with dissension as New Deal reformers and anti-New Deal corporate elements battled for control over mobilization itself. As thearmed services emerged as the principal customers of a command economy, the military-industrial nexus consolidated its power and ultimately succeeded in bending the reformers to its will.

This book analyzes why local officials in China comply with investment-reduction and inflation-control policies of the central government against their own economic interests. The book shows the importance of political institutions, and provides a political story as to why China has been able to control inflation and to deepen reforms, in contrast to the former Soviet Union. While most other studies focus on the economic or political aspects, Inflation and Investment Controls in China integrates political and economic analysis.

Political economy - Political Economy was the original term for the study of production, the acts of buying and selling, and their relationships to laws, customs and government. It developed in 18th century as the study of the economies of states (also known as polities, hence the word "political" in "political economy").

International political economy - International political economy (IPE) is a perspective in the social sciences and history that analyzes international relations in combination with political economy. Ultimately, IPE is about the consequences on an international level of the interaction between the state (politics) and the market (economics).

Technologies of political control - Technologies of political control are technologies that assist a political entity in enforcing plenary power. The technologies were summarized in a 1998 report to the European Parliament, but the term was first mentioned in an earlier book .

politicalcontroloftheeconomy

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Political Control of the Economy - Political Control of the Economy Arsenal of World War II: The Political Economy of American Warfare, 1940-1945 Prolific munitions production keyed America's triumph in World War II but so did the complex economic controls needed to sustain that production. Artillery, tanks, planes, ships, trucks, political control of the economy and weaponry of every kind were constantly demanded by the military political control of the economy and readily supplied by American business. While that relationship was remarkably successful in helping ...

Political Control of the Economy - Political Control of the Economy Guns, Girls, Gambling, Ganja Gambling, prostitution, drugs, arms trading, oil smuggling, political control of the economy and trafficking in people -- these six illegal businesses are large political control of the economy and getting larger in Thailand. They distort the economy political control of the economy and victimize the people. They are increasingly linked together through networks of protection political control of the economy and organized crime. They help to fund Thailand`s corrosive money politics political ...

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