World War II resolved the Depression-era demand problem and launched American Fordist expansion
Evidence
If the Second World War had resolved the problem of disarticulation between productive capacity and market demand which had been the central element in the Depression of the 1930s, and if the war itself had made viable the production of new kinds of technologies (for example computers, nuclear energy), postwar expansion introduced the characteristically American form of the Fordist regimes of industrial accumulation – first into Western Europe and Japan, eventually into some regions of Latin America and Asia as well. — Aijaz Ahmad, In Theory, 37
Categorization
- XREF: Parallels the thesis that war resolves capitalist disarticulation, connecting to military Keynesianism and the permanent war economy literature. — connects to: The Depression left consumers without money to respond to advertising pitches — Tim Wu, The Attention Merchants, 282; World War II dramatically equalized American wealth and income — Robert D. Putnam, Bowling Alone The Collapse and Revival…, 939; World War II fused American business and government into a shared managerial elite — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 146