Economic Impact of the Cold War

Introduction

The cold war developed an overriding impact on many facets of American humanity for much of the second half of the 20th century. It intensified due to the antagonism between major societal classes. The rivals escalated the cold war among the representatives of capitalism and democracy, the United States, and the Soviet Union representing the authoritarianism and communism. Cold war contrasted from the rest of the wars since it involved more of economic, political propaganda with limited recourse to weapons. To put the cold war to a halt, specifically communism, the United States employed as military interventions. However, the war did not have the decade’s prolonged impacts on American local and foreign strategy that the cultural, economic, and political battles of the cold war had.

Economic Impact of the Cold War

In the wake of the Cold War, radical shit to economic superiority was among the most significant impact of the Cold War to the American and the nation at large. During the cold war, the Americans developed a new perception and felt that it was their patriotic obligation to purchase consumer goods to aid in the progress of the economy, a strategy known as the containment. The “consumer culture demonstrated the superiority of the Americans way of life to communism and virtually redefined the nation’s historic mission to extend freedom to other countries” (Foner 878). In return, the United States became the leading and dominant economic power during the cold war era and in the present. The United States used its economic might as a weapon against the Soviet Union in the Cold War. Implementation of tax cuts and deregulation by President Reagan helped in the stimulation of massive economic progress. The investment in the military sector stimulated advancement in economic growth.

Social Impact

Not all aspects of the political and cultural conflicts of the Cold War were undesirable. Racial inequality had been for a long time, rated as the worst imperfections on American culture. While changes for minority groups and the blacks came slowly, during the Cold War, the transformation eventually came. It is during the cold war that racial inequality was brought to a standstill. As per Foner (857), President Truman noted that if the United States were to offer more the peoples of the world a choice to of freedom or enslavement, it must correct the remaining imperfections in the practice of democracy. Significant social changes were realized during the Cold War, in the 1950s, states initiated impartial employment directives, they approved laws prohibiting discriminations, and black voter registering began to increase (Foner 856). It is during the cold war that elimination of desegregation in all public learning institutions was realized; this was passed by the Supreme Court after the Brown versus Board of Education case in 1954. The Civil Rights Acts of 1964, helped in ending discrimination in private and public accommodations. While it is not accurate to state that the Cold war led to the establishment of civil rights movements, it is correct to say that Cold War significantly contributed to the realization of equality among Americans and America at large.

Political Transformation

Cold War led to the rebirth and emergence of leaders with different outlook as compared to the previous wars. Political leaders formulated policies to help lessen the war and resolve it with minima militia invasion as possible. For instance, during the Cold war, President Jimmy Carter stressed more on the significance of human privileges rather than anti-communism. President Reagan invested money realized from economic growth in the defense sector (Foner 991). President Truman initiated the policies that emphasized on the concept of “containment,” and the establishment of the mutual defense pact, The North Atlantic Treaty Organization. Policies initiated during the cold war greatly enhanced the lives of the Americans with increased war relaxation of war tensions and cultural interactions.

Conclusion

Cold War was a significant influence on almost all of the American community. The antagonism between the Soviets and the United States had both positive and negative repercussions. The economic and social shift from inequality to equity and fairness pose to be among the positive impacts of the war on the Americans. Due to the bigger effect of the conflict, the the Cold War was the defining episode of the second half of the 20th century and had effects to varying magnitudes, to almost all American and domestic strategy pronouncements.

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