Ideology, Capitalism

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  • Created by: miataylor
  • Created on: 28-04-15 19:48

Basic description of revisionist interpretation: US economic imperalism which provoked greater threat to Soviet security. 

US commited to 'pax Americana' and motivated by capitalist expansion and pursuit of open markets to sustain economic growth and prevent recession. Given power, expansion translated into global domination. 

Soviets react by establishing security to prevent capitalist inflitration. 

Post-War strength

  • Nuclear monoploy 1949. Truman admitted he felt 'tremendously pepped up' by news. Observers too reported a new vigour and confidence in approach. Nuclear monopoly: Diplomatic negociation/advantage. 
  • Victory over Japan and Germany had created a mood of confidence. 
  • 0.9% of population. 
  • 1940-44 industrial capacity increases by 90%
  • 50% of worlds goods. 
  • Truman: 'the most powerful nation in the world.' the New York Herald Tribune 'it stands first among the peoples of the earth' 

US attempts to force the USSR to accept an open-door policy in Eastern Europe.

Harry Hopkins, Rooselvelt's advisor: 'to foster and encourage democratic government throughout the world.'

  • Bretton Woods 1944. Shapes economy. International Monetary Fund, World Bank. Peace plans were global in scope. Mould world through American-led institutions. 
  • Lend-lease abruptly ended May 1945, despite US economic…


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