Summary
In US history many of the most drastic incursions on private property rights have sprung from the conjunction of a threatened work stoppage, owing to a union management dispute, and the government's desire to expedite a war-production program. Such conjunction existed in the Korean War wherein the US government imposed controls on raw materials to control the steel industry but later failed to seize it. Here, Higgs details Pres Harry S. Truman's attempt to seize the Steel Industry.
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Extract
Truman's Attempt to Seize the Steel Industry
In U.S. history many of the most drastic incursions on private property rights have sprung from the conjunction of a threatened work stoppage, owing to a union-management dispute, and the government's desire to expedite a war-production program. Such a conjunction underlay the government...
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