If Only U Were Mine Quotes & Sayings

Although Herbert Hoover in many ways prefigured him, it was Franklin D. Roosevelt who first tried to create an explicit corporate state in America with his National Recovery Administration (NRA). With its fascist-style Blue Eagle emblem, the NRA coordinated big business and labor in a central plan, and outlawed competition. The NRA even employed vigilante groups to spy on smaller businesses and report if they violated the plan. Just as in Mussolini's Italy, the beneficiaries of the U.S. corporate state were - in addition to the government itself - established economic interest groups. NRA cheerleaders included the National Association of Manufacturers, the U.S. Chamber of Commerce, the American Bar Association, the United Mine Workers, the Amalgamated Clothing Workers, and - above all - Gerard Swope of General Electric, who helped draft the NRA act. Only — Ludwig Von Mises