The origins of fascism lay in a promise to protect people. In the late 19th and early 20th centuries, a rush of globalisation destroyed communities, professions and cultural norms while generating a wave of immigration. Right-wing nationalist movements promising to protect people from the pernicious influence of foreigners and markets arose, and frightened, disoriented and displaced people responded. These early fascist movements disrupted political life in some countries, but they percolated along at a relatively low simmer until the Second World War.
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Jumping the Abyss: Marriner S. Eccles and the New Deal, 1933-1940 | naked capitalism - 0 views
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"This work presents the first compressive and independent analysis of the contributions of one of the most important public officials in American history. As a graduate student more than a decade ago, I began to investigate the role that Marriner S. Eccles played during the 1930s, as both a special assistant to the secretary of the Treasury and as the chairman of the Federal Reserve Board of Governors. I was intrigued that Eccles, as a Republican businessman from Utah-and yes a Mormon-became the New Deal's most forceful advocate of Keynesian policy. Since that time I have come to learn far more about his participation in those years, and, indeed, a good deal more about the vexed political and economic milieu in which his career as a public servant unfolded. Although this work is clearly intended to amplify the contributions that Eccles made in important policy areas, it also seeks to correct some inaccuracies that have frequently been conveyed about the details of his participation. Moreover, his fiscal and monetary interests were so extensive that it would not be too far afield to view what follows as a history of the New Deal with Eccles as the focal point."
Cartels, competition, and coalitions: the domestic drivers of international orders: Rev... - 0 views
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Most theoretical and empirical accounts of trade politics focus on political conflict among competing private interest groups and over policies between the dichotomy of trade liberalization and protectionism. This article challenges this conceptualization by arguing that issues of antitrust, market power, and competition are central to the politics over free trade, and that in this domain state actors are comparatively more important. Original archival evidence from the American New Deal and post-war foreign economic policy shows that post-war free-trade policies were heavily influenced by views, formed in the 1930s, about domestic industrial organization and antitrust. These preferences were then pushed into international economic policy during and after World War II through trade negotiations, extraterritorial application of American law, and pressure for domestic competition laws abroad. In one of the most prominent episodes of trade liberalization, an antitrust campaign and debate permeated trade issues, based in independent state learning and economic preferences.
slide to protectionism 1930s - 0 views
It wasn't just hate. Fascism offered robust social welfare | Aeon Ideas - 0 views
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After coming to power, the Italian fascists created recreational circles, student and youth groups, sports and excursion activities. These organisations all furthered the fascists’ goals of fostering a truly national community. The desire to strengthen (a fascist) national identity also compelled the regime to extraordinary cultural measures. They promoted striking public architecture, art exhibitions, and film and radio productions. The regime intervened extensively in the economy. As one fascist put it: ‘There cannot be any single economic interests which are above the general economic interests of the state, no individual, economic initiatives which do not fall under the supervision and regulation of the state, no relationships of the various classes of the nation which are not the concern of the state.’
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When, in January 1933, Hitler became chancellor, the Nazis quickly began work-creation and infrastructure programmes. They exhorted business to take on workers, and doled out credit. Germany’s economy rebounded and unemployment figures improved dramatically: German unemployment fell from almost 6 million in early 1933 to 2.4 million by the end of 1934; by 1938, Germany essentially enjoyed full employment. By the end of the 1930s, the government was controlling decisions about economic production, investment, wages and prices. Public spending was growing spectacularly.
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