CN 4-5-11

CN 4-5-11 - World History The Crisis of Liberal Capitalism...

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Unformatted text preview: 4/5/11 World History: The Crisis of Liberal Capitalism 1914-45 The Capitalist World in the Early 20 th century • World liberal capitalist order o Liberal= something in line with the broader historical definition of liberalism • In 1900 the world is dominated by a collection of states that were capitalist in economics and with one major exception, liberal in politics o Capitalist in economics- allowing principal role in economy to private capitalist firms Size of state sector varied but in no country was it dominant o Protecting right of property, viewing this protection as a cornerstone of economic and social life o Liberal in that power was defined as coming from a vote of the majority of the voting population This was solely an adult male population o Liberal in that they are constitutionalist Power of government limited o Exception at this time is Russia In no sense democratic, liberal or deomocratic Autocracy The revolutions are seen as attempts to move Russia in direction of other liberal powers o Within this club the extent of liberalism varied Most liberal= US and France Middle= Britain Least= Germany Despite individiaul variations in the broad sweep of political regimes these are similar • Club: Great powers of Europe (Britain, France, Germany, Russia), outside of Europe (US, and arguably Japan) o Japan is only member of club that did not define itself as a white nation but particularly after the conclusion of the 1902 Sino-Anglo they were a minor o Other minors European countries And Britsh dominions o These are the countries that had the power, the wealth, whose decisions determined the fate of the world. • 1910- this liberal capitalist order looks like it’s fairly successful o It has no abolished war but it has limited it o Wars are contained and small and short o Liberal capitalist order has many achievements to its credit Creation of world regimes : standard time, spread of metric system • Creation of passport regime to regulate world travel World trade- president of all trade International peace movement and peace conferences • Growing stronger at this time • Nobel prize is created • International peace conferences • Liberal capitalist version international trae is too important that people wouldn’t go to war o Germany isBritain’s best customer it makes no sense for them to go to waar with each other • War is growing obsolete everyone is too busy doing business • Three threats to liberal capitalist order: o 1. Threat of som First in Socilist international Then in revolutionary communism o 2. Divisions between the capitalist powers themselves Rivalries btw capitalist nations were natural not something that would lead to war Fierce rivalry btw the US and Great Britain • US wants control over LA markets, GB had that control • Conflict over control of ME oil Americans want in very badly • This rivalry does not lead to war...
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This note was uploaded on 09/13/2011 for the course PSC 1001 taught by Professor Dickson during the Spring '11 term at GWU.

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CN 4-5-11 - World History The Crisis of Liberal Capitalism...

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