Search

Agents of European overseas empires involves contributors who specialise on often overlooked aspects of imperial endeavour: ‘private'European interests, companies, merchants or courtiers, who conducted their own activities both with and without the benediction of polities. The chapters adopt intra- as well as inter-imperial perspectives and transport the reader to colonial America, the West Indies, the Cape of Good Hope, Batavia, or Ceylon, through the Dutch, English, French and Spanish empires. Agents of European overseas empires offers crucial insight on how these actors acquired profits and power and, in turn, laid the platforms for European global empires.

During World War II, the United States helped vanquish the Axis powers by converting its enormous economic capacities into military might. Producing nearly two-thirds of all the munitions used by Allied forces, American industry became what President Franklin D. Roosevelt called'the arsenal of democracy.'Crucial in this effort were business leaders. Some of these captains of industry went to Washington to coordinate the mobilization, while others led their companies to churn out weapons. In this way, the private sector won the war—or so the story goes.Based on new research in business and military archives, Destructive Creation shows that the enormous mobilization effort relied not only on the capacities of private companies but also on massive public investment and robust government regulation. This public-private partnership involved plenty of government-business cooperation, but it also generated antagonism in the American business community that had lasting repercussions for American politics. Many business leaders, still engaged in political battles against the New Deal, regarded the wartime government as an overreaching regulator and a threatening rival. In response, they mounted an aggressive campaign that touted the achievements of for-profit firms while dismissing the value of public-sector contributions. This probusiness story about mobilization was a political success, not just during the war, but afterward, as it shaped reconversion policy and the transformation of the American military-industrial complex.Offering a groundbreaking account of the inner workings of the'arsenal of democracy,'Destructive Creation also suggests how the struggle to define its heroes and villains has continued to shape economic and political development to the present day.