View source for Corporate Socialism under FDR

'''"Corporate Socialism under FDR"''' is the Infrared framing of the New Deal era: the point is not that Roosevelt "saved capitalism" (the libertarian talking point) but that the American state '''socialized the commanding heights in fact''' — planning, coordination, and control over finance and industry — while leaving bourgeois property forms intact as a shell.

== The argument ==
* Engels: joint-stock companies and trusts show that the bourgeois state is forced to take over productive functions — "the capitalist has no further social function" and becomes redundant. The NRA, wartime production boards, and the Reconstruction Finance Corporation were exactly this: the state as actual proprietor-in-fact.
* The war economy proved full mobilization without market allocation was possible in America — rationing, price controls, directed investment produced the arsenal of democracy, not despite but through planning.
* Hence "[[We already live in socialism]]": the socialization of production happened on American soil decades ago; what remains contested is only who commands it — the people or the financial oligarchy.

== Why it matters ==
This reframing destroys both liberal mythology (FDR as benevolent centrist tinkering) and Trotskyist mythology (America as immune to socialism). The American state has always been capable of total economic direction; the question is class agency.

== See also ==
* [[New Deal]]
* [[We already live in socialism]]

== References ==
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[[Category:American politics]][[Category:Economics]][[Category:Infrared]]