![War Collectivism (large Print Edition): Power, Business, And The Intellectual Class In World War I](/media/uploads/2017/12/21/war-collectivism-large-print-edition-power-business-and-the-intellectual-class-in-world-war-i.jpg)
War Collectivism (large Print Edition): Power, Business, And The Intellectual Class In World War I
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Murray N. Rothbard
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 t 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.