Becoming the Arsenal: The American Industrial Mobilization for World War II, 1938-1942

Becoming the Arsenal: The American Industrial Mobilization for World War II, 1938-1942

by Michael G. Carew
Becoming the Arsenal: The American Industrial Mobilization for World War II, 1938-1942

Becoming the Arsenal: The American Industrial Mobilization for World War II, 1938-1942

by Michael G. Carew

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Overview

Becoming the Arsenal discusses one of the three signal events that transformed the relationship of government and the private sector in directing the American economy. The first was the Great Depression and the government's New Deal recovery program. The second was the gradual abandonment of the monetary Gold Standard, or the 'floating' of the dollar between 1933 and the 1970s. Third, and least appreciated, was the mobilization of the American economy to confront the threat of the Axis ascendancy in World War II. Becoming the Arsenal places the events of this economic mobilization in its political-economic context and evaluates its performance in terms of prevailing military and political realities. The book is structured in three parts. The first deals with the decision to mobilize in May-June 1940. The second part relates the importance of the World War I experience and the economic diplomatic environment of the late 1930s. The final part examines the shift from a partial mobilization to the commitment to a 'Victory Plan' in the fall of 1941, and achievement of complete mobilization and its consequences, in early 1943.

Product Details

ISBN-13: 9780761846697
Publisher: University Press of America
Publication date: 12/21/2009
Pages: 340
Product dimensions: 6.00(w) x 9.00(h) x 0.90(d)

About the Author

Michael G. Carew, Ph.D., M.B.A., is a professor at Baruch College, CUNY. His teaching and research interests are in the evolution of economic theory and the formulation of macroeconomic and financial policies, with a focus on political economy. Prior to his academic work, he spent forty years in New York investment and commercial banking, including insurance, real estate, and government finance, as a senior corporate executive and chief financial officer. He has published articles on historical finance and his first book, The Power to Persuade was published in 2005. He is currently working on a new book with Professor Robert Schwartz, A Microstructure Interpretation of Microeconomics, to be published in 2010.

Table of Contents

Chapter 1 List of Tables Chapter 2 Preface Part 3 PART I: THE MARCH TO WAR, 1939-41 Chapter 4 Chapter 1: Introduction Chapter 5 Chapter 2: The Specter of World War I Industrial Mobilization Chapter 6 Chapter 3: The Reality of the Empty Arsenal Chapter 7 Chapter 4: Builgind and Economic-Military Consensus Chapter 9 Chapter 5: American Economic Evolution, 1900-1950 Chapter 10 Chapter 6: World War I and Military Mobilization Chapter 11 Chapter 7: Military Tradition and Modern War Chapter 12 Chapter 8: Planning Industrial Mobilization, 1920-1939 Part 13 PART III: BECOMING THE ARSENAL Chapter 14 Chapter 9: The Economic and Industrial Platform, 1941 — The General American Economy Chapter 15 Chapter 10: The Struggle to Define Preparedness and the Victory Plan Chapter 16 Chapter 11: The Economic Consequences of Pearl Harbor Chapter 17 Chapter 12: The Military-Civilian Contention Chapter 18 Chapter 13: Becoming the Arsenal Chapter 19 Bibliography
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