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American Economic Statecraft

Entry

Postwar industrial finance

Draper belongs in the canon where capital allocation and reconstruction policy meet industrial base building.

Author
William H. Draper Jr.
Year
1948
Track
capital and industry
Citation
William H. Draper Jr., postwar finance and reconstruction record, 1940s.
Brigadier General William H. Draper Jr., U.S. military government in Germany, c. 1952
Unknown photographer, c. 1952, public domain (EU anonymous work)

Draper belongs in the canon where capital allocation and reconstruction policy meet industrial base building. Its place in the canon is not decorative. It marks a recurring problem for American economic statecraft: how law, capital, operators, and legitimacy combine when a nation tries to build strategic economic terrain.