Planning for Peace: The Surplus Property Act of 1944

Louis Cain and George Neumann

The Journal of Economic History, 1981, vol. 41, issue 1, 129-135

Abstract: The Surplus Property Act of 1944 established several social objectives for the disposal of war surplus. In particular, small business was to be benefited; concentration was to be reduced. Such objectives are better considered as part of the war mobilization rather than the peacetime reconversion. While suggesting that concentration was not reduced, the evidence also suggests that concentration is not an inevitable consequence of war. Social objectives can be incorporated into war mobilization, but their realization involves a substantially higher cost.

Date: 1981
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