FDR’s Wartime Strategies Can Power a Just Transition Now – Martin Hart-Landsberg Pt. 2/2
In part two, economist Martin Hart-Landsberg underscores the importance of planning for a just transition and transformation of socio-economic relations. Hart-Landsberg examines FDR’s Defense Production Corporation and War Production Board which were established to coordinate the U.S. economy’s rapid conversion from civilian to military production. The entrepreneurial class largely opposed these changes, fearing cuts to their bottom line. Yet FDR’s government, through experimentation with different strategies, was able to successfully allocate resources towards wartime production and…
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