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| | James Burnham, a former [[Trotskyite]], discovered in 1941 that the "workers revolution" which allegedly was to overthrow the capitalist "exploiters," was in real practice a "managerial revolution" which replaced older 19th century owners of capital with twentieth century technocrats and managers. Burnham found that "workers in this mythical 'workers' state' were, the facts showed, a subject class far more heavily exploited than the workers under capitalism," and that the new managers in a planned economy "have curbed the masses and have instituted a social structure in which they are on top, not by virtue of private property rights in the instruments of production, but through their monopoly control of a state power which has fused with the economy." <ref>''The Managerial Revolution'', James Burnham, Indiana University Press, Bloomingham 1966.</ref> | | James Burnham, a former [[Trotskyite]], discovered in 1941 that the "workers revolution" which allegedly was to overthrow the capitalist "exploiters," was in real practice a "managerial revolution" which replaced older 19th century owners of capital with twentieth century technocrats and managers. Burnham found that "workers in this mythical 'workers' state' were, the facts showed, a subject class far more heavily exploited than the workers under capitalism," and that the new managers in a planned economy "have curbed the masses and have instituted a social structure in which they are on top, not by virtue of private property rights in the instruments of production, but through their monopoly control of a state power which has fused with the economy." <ref>''The Managerial Revolution'', James Burnham, Indiana University Press, Bloomingham 1966.</ref> |
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| − | Prof. Carroll Quigley voiced the same sentiments as late as 1966 when he wrote in ''Tragedy and Hope'', "It is increasingly clear that in the 20th century, the expert will replace the industrial tycoon in control of the economic system even as he will replace the democratic voter in control of the political system. This is because planning will inevitably replace [[laissez-faire]] in the relationships between the two systems. <ref>''Tragedy and Hope: A History of the World in Our Time'', Carroll Quigley, Collier-Macmillan, 1966, pgs. 735 - 741. ISBN 0-945001-10-X</ref> | + | Prof. Carroll Quigley voiced the same sentiments as late as 1966 when he wrote in ''Tragedy and Hope'', "It is increasingly clear that in the 20th century, the expert will replace the industrial tycoon in control of the economic system even as he will replace the democratic voter in control of the political system. This is because planning will inevitably replace [[laissez-faire]] in the relationships between the two systems.<ref>''Tragedy and Hope: A History of the World in Our Time'', Carroll Quigley, Collier-Macmillan, 1966, pgs. 735 - 741. ISBN 0-945001-10-X</ref> |
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| | ==New Deal== | | ==New Deal== |
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| | ==World War II== | | ==World War II== |
| − | [[Image:3844.JPG|right|thumb|500px|]] | + | [[Image:3844.JPG|right|thumb|500px]] |
| | ===Germany=== | | ===Germany=== |
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| | On the economic side of the war there was the formidable task of producing the mountains of materials necessary for the war. That was done by American industry. This was an industry of epic proportions that had been created and developed long before the [[New Deal]] ever came into existence. And it was, in fact, that very industry upon which all the engines of scorn and demonization of the New Deal had been focused, and which appointees of President [[Franklin Roosevelt]] like [[Rex Tugwell]] and [[Henry Wallace]] and their underlings wanted to liquidate. This industry was operated by entrepreneurs, financiers, and administrative leaders who had developed the resources of the nation, who had invented and perfected the technical processes, and who had built the factories and machines which turned out guns, planes, tanks, cars, ships, arms, munitions, food and all the accouterments and necessities of war. They were told what was wanted and they supplied it. New Dealers such as Rex Tugwell, [[Harry Hopkins]], [[Leon Henderson]] and Henry Wallace had nothing to do with this production. It was the hated businessman whom New Dealers spent years demonizing who produced what was necessary to win the war. | | On the economic side of the war there was the formidable task of producing the mountains of materials necessary for the war. That was done by American industry. This was an industry of epic proportions that had been created and developed long before the [[New Deal]] ever came into existence. And it was, in fact, that very industry upon which all the engines of scorn and demonization of the New Deal had been focused, and which appointees of President [[Franklin Roosevelt]] like [[Rex Tugwell]] and [[Henry Wallace]] and their underlings wanted to liquidate. This industry was operated by entrepreneurs, financiers, and administrative leaders who had developed the resources of the nation, who had invented and perfected the technical processes, and who had built the factories and machines which turned out guns, planes, tanks, cars, ships, arms, munitions, food and all the accouterments and necessities of war. They were told what was wanted and they supplied it. New Dealers such as Rex Tugwell, [[Harry Hopkins]], [[Leon Henderson]] and Henry Wallace had nothing to do with this production. It was the hated businessman whom New Dealers spent years demonizing who produced what was necessary to win the war. |
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| − | There were in truth very little war profits for honest men because the government during the war drained away in drastic taxes most of the profits. <ref>''The Roosevelt Myth'', John T. Flynn, Fox and Wilkes, 1948, Book 3, Ch. 7, [http://www.rooseveltmyth.com/cgi-bin/framed/2767/book/fdrmyth_Chapter_Seven___The_Happiest_Yea.htm ''The Happiest Years of Their Lives''].</ref> | + | There were in truth very little war profits for honest men because the government during the war drained away in drastic taxes most of the profits.<ref>''The Roosevelt Myth'', John T. Flynn, Fox and Wilkes, 1948, Book 3, Ch. 7, [http://www.rooseveltmyth.com/cgi-bin/framed/2767/book/fdrmyth_Chapter_Seven___The_Happiest_Yea.htm ''The Happiest Years of Their Lives''].</ref> |
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| | ===Soviet Union=== | | ===Soviet Union=== |
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| | <references/> | | <references/> |
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| − | {{Template:Economic preparedness topics}} | + | {{Economic preparedness topics}} |
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| − | [[Category : Economic Preparedness]] | + | [[Category:Economic Preparedness]] |
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| − | [[Category : Economics]] | + | [[Category:Economics]] |
| − | [[Category : Marxist terminology]] | + | [[Category:Marxist terminology]] |