History 1807 Lecture Notes - Lecture 28: Bretton Woods System, United States Dollar, Ho Chi Minh
Document Summary
Seems now that things like imf are focused on maintaining shareholder value instead of maintaining bretton wood system. United states is most powerful nation in world. By middle of 1960s, systems begins to break apart: europe of back last of controls to deal with reconstruction after the war. March 5, 2015: postwar period was anomaly b/c had no competition, taking place in context of collapsing european system, beyond its control, could say that its america"s own fault b/c of its contribution to marshall. Plan (funded infrastructure in europe: self-inflicted problem of getting itself into war vietnam war, wwii was supposed to put end of colonial/empirical system. Devastated colonial powers b/c they"re liquidating their empires. France vs vietnam: americans begin to send money but eventually send supplies to south. Vietnam: sends troops to vietnam but loses war 1978 south vietnam falls.