Bernard Baruch

War Industries Board Established: Bernard Baruch and "Dollar-a-Year Men" Institutionalize Corporate-Government Fusion

| Importance: 8/10

The United States government established the War Industries Board (WIB) to coordinate the purchase of war supplies between the War Department and Navy Department during World War I. The WIB existed from July 1917 to December 1918 to coordinate and channel production by setting priorities, fixing …

Bernard Baruch President Woodrow Wilson War Department Navy Department world-war-i corporate-power government-industry revolving-door institutional-capture
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