Information Technology and Globalization since 1845
Chapter 4: Telematics and the Post-war International Order
The post-war international political economy that existed up until the late 1960s can be broadly characterized as being caused by the attempt to extend the logic of national industro-militarism in a global context. One aspect of this system was the reconstruction of an international liberal order under US hegemony; but another aspect was the sustained industro-military confrontation between this structure and the Soviet Union and other socialist states. The US, the European countries and Japan were to form a central capitalist industro-military core which would confront socialism militarily and ideologically, and deal with other non-core regions as changing economic and political interests dictated. Nation states were still the key institutional structures in this new order, but they were typically organized into larger transnational politico-military formations at specific levels through US, and to a lesser extent, Soviet hegemonic power.1 As well as through politico-military cooperation, international order within the non-socialist world was to be maintained through the Bretton Woods financial system, foreign (often military) aid from the rich nations to the poor, and a raft of more or less international organizations, most importantly those associated with the United Nations. Behind all these things, however, stood the irrefutable material power of the US industro-military system. The strong US dollar and effective US control of the IMF and World Bank formed the central operational condition of the Bretton Woods system. Foreign aid, necessary to get the international economy up and running again, such as the Marshall Plan, was achieved basically by the reallocation...
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