PO232 Lecture Notes - Lecture 7: John Maynard Keynes, Byrsonima Crassifolia, Totalitarianism
Document Summary
After ww1, they tried to reconstruct the same system that existed before ww1. These together brought the international economy to its knees terrible economic times and a rapid switch in this direction: great depression forces the abandonment of orthodoxy. Social democracy, autarky and war: 1930"s the 20th c. begins, usa and the new deal (f. d. Made up of their empire, whether formal or informal. Countries that used the british pound in their economic relations between one another. Britain began trading more with its colonies & other countries that were informally involved in the international economic sphere of in uence. Ottawa agreement led to establishment and set up a preferential tariff for the empire; setting up a protective sphere of economic relations within the british empire: ussr and stalinism. Where soviet union starts to move towards a system of totalitarianism: japan, germany, italy fascist empire and drive for autarky.
