Category Archives: Cold War
Summary : (Part 1 of 4) I critique commenter Matt’s argument that, at the deepest level, American foreign policy has sought a “favourable investment climate” for itself in the Third World.
Summary : (Part 2 of 4) As the prelude to a critique of commenter Matt’s view of American foreign policy presented in Part 1, I sketch a brief history of foreign investment as context. Fear not the drear of evil, for the post is mostly pictures … Continue reading
(Part 3 of 4) I argue that commenter Matt’s view of US foreign policy, as presented in Part 1, makes no sense because the “returns” from that investment climate are laughably low. I present a balance sheet of American internationalism … Continue reading
(Part 4 of 4) I argue that American behaviour on the world stage defies any rational explanation. I also question whether the United States has derived much economic benefit from its activist and interventionist approach in the world.
In the comments section of an unrelated blogpost, the commenter Matt doggedly argues that the Truman administration deliberately prohibited the European beneficiaries of the Marshall Plan from using American funds to purchase Argentinian wheat in 1948-50. This discrimination, Matt contends, was an … Continue reading