After the Great Depression

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Book Report

Book Report

Topic 1 - Society and Culture

Since the Great Depression seems to have conformed, in some way, one specific kind of exhaustion (or chronic tendency to stagnation) by the modern capitalism. The system does not cease to grow, to expand, to produce goods facing the productive consumption nor to accumulate capital and growing mass of profits this field, but the tendency to disproportionate military-industrial sector will be highlighted in whole of the capitalist economy, and the increasing destruction of productive forces and unceasing will develop a scale unprecedented for peacetime. The Second World War (1939-45), at the expense of nearly 40 million deaths, and destruction of huge mass forces of production was the process whereby United States emerged from stagnation to double its national wealth, becoming as the hegemonic power of the first order. Its capitalist rivals were devastated by war and came under pressure from a USSR expanded toward Eastern Europe (Coastworth, 2002).

In the United States, after World War II, strongly emphasize the contradictions between: "the colossal growth of the production possibilities of capitalism, based on obtaining the maximum of capitalist profits and relative decrease in the purchasing power of the working masses that capitalists try to continuously maintain the minimum level.” The relative reduction of the internal market of the United States after the war that depends on much more than previously foreign markets (which in turn were shaken by the destruction of war) strongly emphasized the issues of realization of the American economy (Romer, 1990). The cyclical economic crisis threatens to disrupt the stability of American and world capitalism. American capitalism attempts to resolve the difficulties and internal contradictions by expansion of imperialist expansion. The United States, the leading force of the imperialist camp, emerged from the war, not weakened as the overwhelming majority of the capitalist countries, but strengthened in terms of military and economic. However, the strengthening of economic and military power of the United States does not mean absolutely that the position of American capitalism has become stable, as they proclaim their "wise" apologists domesticated. Unlike the capitalist economic system in the United States was disrupted further then the war (Coastworth, 2004).

Topic 2- Conflict and Deadlock: The Eisenhower Years

U.S. and USSR fought a big dispute with regard to space development. Both ran to try and achieve significant goals in this area. This occurred because there was some dispute between the powers, in ...
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