World-War-Ii

WWII Defense Contractors Convert to Peacetime Economy While Maintaining Pentagon Subsidies and Infrastructure

1945-08-15 00:00:00 +0000 UTC | Importance: 8/10

Following Japan’s surrender ending World War II, major defense contractors including Boeing, Lockheed, General Dynamics, and converted automotive manufacturers face the challenge of transitioning from massive wartime production to peacetime economy. The War Production Board, which directed …

Boeing Lockheed General Dynamics War Production Board Civilian Production Administration military-industrial-complex defense-contracts corporate-subsidy economic-manipulation world-war-ii

Neutrality Act Revised to Allow Arms Sales on Cash-and-Carry Basis, Enabling Corporate War Profits

1939-11-04 00:00:00 +0000 UTC | Importance: 8/10

President Franklin D. Roosevelt signs the Neutrality Act of 1939 on November 4, repealing the arms embargo provisions of earlier Neutrality Acts and allowing arms sales to belligerent nations on a “cash-and-carry” basis, effectively ending the policy designed to prevent American business …

Franklin D. Roosevelt U.S. Congress arms manufacturers isolationists Britain +1 more war-profiteering neutrality-acts world-war-ii corporate-profits military-industrial-complex