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Investing Quote by Tony Judt

“Whatever their other differences, French Gaullists, Christian Democrats and Socialists shared a common faith in the activist state, economic planning and large-scale public investment. Much the same was true of the consensus that dominated policy-making in Scandinavia, the Benelux countries…” quote by Tony Judt
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““Whatever their other differences, French Gaullists, Christian Democrats and Socialists shared a common faith in the activist state, economic planning and large-scale public investment. Much the same was true of the consensus that dominated policy-making in Scandinavia, the Benelux countries, Austria and even ideologically-riven Italy.””

Tony Judt

About This Quote

The quote observes that despite ideological splits, post‑war European parties converged on a belief in a strong, interventionist state that directs the economy through planning and major public works.

In simple terms: Cross‑ideological consensus on state‑led economic development.

Key Takeaway

State intervention unified diverse political groups.

Themes

political consensus state interventionism post‑war Europe economic planning public investment ideological convergence

Mood

analytical historical optimistic

Type

analytical historical policy

When to use this quote

  • post‑war reconstruction
  • building welfare states
  • addressing economic crises
  • regional policy coordination
  • national development strategies

Key Concepts

activist state economic planning public investment cross‑party cooperation

Practical Applications

  • designing infrastructure projects
  • formulating macro‑economic policy

Questions to Reflect On

  • What mechanisms enable parties with differing ideologies to cooperate on economic policy?
  • How does the belief in an activist state shape long‑term societal outcomes?
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