SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Actual left/right wing discussion

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TimF who wrote (2054)9/29/2006 6:18:23 PM
From: Ilaine  Read Replies (1) of 10087
 
FDR wasn't "fascist" as such, but his economic policies definitely were influenced by an economic theory of the time called "rationalization." Which was invented by the Germans during WWI, expanded during the Weimar Republic, and borrowed by both Hitler and Lenin.

Not the rationalization that is described in the Wikipedia article. To really learn more about it, I had to go to contemporary accounts in old economics books.

In a nutshell, it was an attempt to impose "order" on "messy, wasteful" capitalism by the use of "rational" state planning.

Instead of competing manufacturers making widgets like automobiles and tools, only one manufacturer was needed for each widget, or so they thought.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext