[PEN-L:4639] On Military Keynesianism

Michael Perelman michael at ecst.csuchico.edu
Mon Mar 29 15:55:58 PST 1999

Max's note on military Keynesianism brings up a useful point. Back in the good old days, military Keynesianism had a Keynesian component. In other words, the idea was to create an economy with a solid employment base. Militarism was a convenient, albeit not courageous, means of accomplishing that goal. I don't mean to push this too far. David Noble's work shows that the Air Force was quite concerned about deskilling labor. Even so, the change is dramatic.

Today, military Keynesianism . has given way to a form of corporate welfare for the military industrial complex, without any employment consideration. --

Michael Perelman Economics Department California State University michael at ecst.csuchico.edu Chico, CA 95929 530-898-5321 fax 530-898-5901

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