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Interesting question. I have no idea one way or the other, I've never studied economics beyond 101. An exploration of that question might include why the US rel
by a3n 11y ago
Interesting question. I have no idea one way or the other, I've never studied economics beyond 101. An exploration of that question might include why the US relied on private industry for WWII military needs, rather than building its own factories or taking over existing ones.
- Zigurd 11y agoThe US effectively commandeered private industry in WWII. They were compensated, but that was nothing like the current military weapons procurements system.
- a3n 11y agoBut they were still private. Under orders, just like individual citizens were under orders, with the draft and rationing. It was arguably an existential threat. But the commandeered private industry was what the current MIC grew from. It wouldn't have happened without WWII.