Mutually assured destruction great britains economy

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Mutually assured destruction Great Britain's economy was left in tatters which left the US to stand off against Stalin In early periods Soviets were seen as liberators; did not last long Iron Curtain- demarcation point between western side and soviets sphere of influence Puppet States Soviets attempted to ideologically reform the population “One was of life is based off the will of the majority… The second way of life is based upon the will of the minority…” -Truman Doctrine America accepted the role of fighting against communism Containment- Where ever we see communist threat we sould be ready to fight them Telegram from moscow- greatly sucessful Marshall Plan- Rapid rebuilding of western europe with tax dollars Better to rebuild (bc keeping a nation artificially weak didn’t work) Rebuilding germany was part of the defenses Highly successful- lead to rapid rebuilding of western europe Soviets prohibited Eastern Europe from rebuilding NATO followed american victory and closly tied to Marshall Plan Berlin Airlift Berlin is island surrounded by sea of coummunist Oct 31 st News Reels could bring communism home in a way that radio could not Fruit Machine- part of witch hunt for people communism Hooked up to something like a lie detector with google projecting images People thought gays and jews were communist; if one reacted to image (like naked man) it was enough to prove communism Policy of Containment Cases of Communism Communist spies found atomic secrets Cultural revolution Lots of bad stuff for Chinese, lots of death In 1949 it seemed to many that Communism was spreading at an alarming rate Korean war put policy of containment to the test Korea had been divided into two after WWII Stoked fears of communism McCarthy was an asshole Late adopter of anti communist crusade Responsible for ruining many people's lives Convenience > Conviction Claimed to have list of known communist in state department but never revealed list Republicans saw McCarthy as path to power and let him attack democrats Allegations seemed plausible due to hysteria Nov 2 nd Affluenza America becomes the richest country of the time and of the species Post war Income distribution Widely dispersed which contributes to economic boom
Fear after second world war that as soon as war ended demand would decrease and US would plunge back into great depression. Poverty becomes an aberration; becomes identifiable as its own subject Question went from “why is there wealth?” to “why is there poverty?” Question of Big governmetn vs small governemt Middle class became what it was after WWII US owes much of its wealth to government spending (Thesis) Progressive tax policy Taxing inherited wealth Landed aristocracy- distorts economy and make votes unequal Success of US contributed Mixed economy- Rested on capitalistic economy supported by government Government and business work together to lay foundation for modern america

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