"In World War II the hostility and the exasperation resulting from the statification of the economy and the strain of the war have been directed as much against the government as against private capital"

This quote by C. L. R. James is referring to the hostility and exasperation that was felt by the public during World War II. The statification of the economy, which is the process of the government taking control of the economy, and the strain of the war caused a great deal of tension and anger amongst the public. This anger was not just directed at private capital, however also at the government. Individuals were frustrated with the government for taking control of the economy and for the pressure of the war that was being felt. This quote is highlighting the fact that the general public was not delighted with the government throughout this time which their anger was directed at both personal capital and the government.