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ISBN: 9780776607054-04

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The Economic Platforms of the Re-formed Political Parties in 1956

From: The 1956 Hungarian Revolution

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The Great Depression and the two world wars created an atmosphere where both politicians and the public saw that direct government involvement in the economy was the only way of preventing the repetition of these destructive events. The involvement of the state in the post–World War II economy increased everywhere in Europe. […] The view that planning and nationalization are important for the smooth running of the economy became the accepted European norm.

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Contributors

Susan Glanz

Susan Glanz is professor of administration and economics at St. John’s University.