WWI forced Britain and Italy to abandon free-market doctrine for state intervention

Evidence

During World War I, the political states of both Britain and Italy broke capitalist dogma and forcefully intervened in their countries’ economies. For the political survival of each state, these interventions were necessary: they sought to promote the necessary capital accumulation to win the war, even while they sullied the sanctity of freemarket capitalism in the process. — Clara E. Mattei, The Capital Order, 214

Categorization

• XREF: The wartime break with capitalist dogma sets up the central tension — austerity as postwar restoration of the sanctity of the free market, which connects to Mattei’s broader thesis. — connects to: Wartime necessity forced both Britain and Italy to abandon free-market capitalist dogma.; World War I compelled Britain and Italy to subordinate private profit to political need — Clara E. Mattei, The Capital Order: How Economists…, 107; World War I turned British and Italian states into their economies’ chief producers — Clara E. Mattei, The Capital Order: How Economists…, 215 (+4 more)

Broader Connections

• Wartime necessity forced both Britain and Italy to abandon free-market capitalist dogma. #corroborates (0.98)
• World War I compelled Britain and Italy to subordinate private profit to political need #corroborates (0.95) — Clara E. Mattei, The Capital Order, 107
• World War I turned British and Italian states into their economies’ chief producers #expands (0.85) — Clara E. Mattei, The Capital Order, 215
• World War I collapsed the economic-political divide and exposed markets’ inadequacy #expands (0.85) — Clara E. Mattei, The Capital Order, 104
• The Great War triggered extensive nationalization in Britain and Italy #exemplifies (0.85) — Clara E. Mattei, The Capital Order, 188
• Wartime state intervention exposed market arrangements as political choices, not natural facts #expands (0.80) — Clara E. Mattei, The Capital Order, 34
• State wartime intervention exposed the natural order of capitalism as a political choice #expands (0.80) — Clara E. Mattei, Escape from Capitalism, 169