The years immediately after World War II provided American policy makers with a unique opportunity to help shape the international economic order for a generation to come. United States objectives are usually described in terms of enlightened idealism or capitalist expansionism. But much of the way policy makers envisaged international economic reconstruction derived from the ambivalent way in which domestic economic conflict had been resolved before and during the New Deal. In the inconclusive struggle between business champions and the spokesmen for reform, Americans achieved consensus by celebrating a supposedly impartial efficiency and productivity and by condemning allegedly wasteful monopoly. Looking outward during and after World War II, United States representatives condemned Fascism as a form of monopoly power, then later sought to isolate Communist parties and labor unions as adversaries of their priorities of production. American blueprints for international monetary order, policy toward trade unions, and the intervention of occupation authorities in West Germany and Japan sought to transform political issues into problems of output, to adjourn class conflict for a consensus on growth. The American approach was successful because for almost two decades high rates of growth made the politics of productivity apparently pay off. Whether an alternative approach could have achieved more equality remains an important but separate inquiry.
The Harvard community has made this article openly available. Please share how this access benefits you. Your story matters Citation Maier, Charles S. 1981. The two postwar eras and the conditions for stability in twentieth-century Western Europe. American Historical Review 86(2): 327-352.
The author, one of the most prominent contemporary scholars of European history, published this, his first book, in 1975. Based on extensive archival research, the book examines how European societies progressed from a moment of social vulnerability to one of political and economic stabilization. Arguing that a common trajectory calls for a multi country analysis, the book provides a comparative history of three European nations—France, Germany, and Italy—and argues that they did not simply return to a prewar status quo, but achieved a new balance of state authority and interest group representation. While most previous accounts presented the decade as a prelude to the Depression and dictatorships, the author suggests that the stabilization of the 1920s, vulnerable as it was, foreshadowed the more enduring political stability achieved after World War II. The immense and ambitious scope of this book, its ability to follow diverse histories in detail, and its effort to explain stabilization—and not just revolution or breakdown—have made it a classic of European history.
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