C4SS Research Associate Kevin Carson has released his third research study — MOLOCH: Mass-Production Industry as a Statist Construct.
“How were existing institutional interests able to thwart the revolutionary potential of electrical power, and divert neotechnic technologies into paleotechnic channels? The answer is that the state tipped the balance.”
Download: MOLOCH: Mass-Production Industry as a Statist Construct.
I. The Origins of Sloanist Mass Production
A Fork in the Road
A Wrong Turn
The Role of the State in Tipping the Balance
II. The Institutional Imperatives of Sloanism
Economies of Scale, Economies of Speed, and Push Distribution
Microeconomic Institutional Forms for Providing Stability
Mass Consumption to Absorb Surplus
Political Capitalism
State Action to Absorb Surplus: Imperialism
State Action to Absorb Surplus: Creation of New Industries
III. Conclusion