World War I proved large redistributive state reforms were fiscally viable

Evidence

Th e Great War had demonstrated the immense fi scal, monetary, and industrial powers of the state, and accordingly how major redistributive reforms were concrete and viable— much more than conventional economic thinking had allowed. — Clara E. Mattei, The Capital Order, 225

Categorization

  • XREF: connects to: Wartime state control proved economies are politically moldable — Gary Mongiovi, Austerity Is an Antidemocratic Strategy…, 29; World War I proved production relations could be deliberately changed — Clara E. Mattei, Escape from Capitalism, 174; World War I collapsed the economic-political divide and exposed markets’ inadequacy — Clara E. Mattei, The Capital Order: How Economists…, 104 (+5 more)

Broader Connections