Recovery and Cold War

I. What was destroyed in the War

A. People, Cities, Nations

B. Ideologies

1. fascism

2. nihilism

3. social Darwinism

4. imperialism

5. nationalism

6. romanticism?

C. That leaves socialism and liberalism still standing

II. Economic and Political Recovery in the West

A. Economic devastation

1. Half of European economy destroyed

2. demand for economic security--pensions, health, education

B. Key steps to recovery

1. Centrist consensus for hybrid of capitalism and socialism

a. financial protections build consumer confidence

b. Marshall Plan grants from US (from 1947)

c. prosperity helps neutralize communism

2. Common Market created (1957)

a. learning painful lessons from European disunity

b. long-range goal of European economic and political unity

III. Cold War

A. Problem of Europe

1. Crisis in Turkey and Greece

2. Truman Doctrine (1947)

3. Disputes about Germany

a. treatment of Nazis

b. competing economic ideologies

c. Stalin closes Berlin � Berlin Airlift (1948-49)

B. Global Competition between USA and Soviet Union

1. NATO formed (1949)

2. Soviets test A-bomb (1949)

3. Mao's Communists take over China (1949)

4. North Korea attacks South Korea (1950)

5. Hydrogen bomb project begins (1950)

6. House Un-American Activities Committee formed (1950)