|
|
This topic comprises 4 pages: 1 2 3 4
|
|
Author
|
Topic: What is this key that came with my car?
|
|
|
Michael Schaffer
"Where is the Boardwalk Hotel?"

Posts: 4143
From: Boston, MA
Registered: Apr 2002
|
posted 02-21-2007 04:12 AM
quote: Leo Enticknap we were paying off massive debts incurred during the war, whereas mainland Europe was receiving substantial long-term investment through the Marshall plan
Not true. Great Britain was actually *donated* most of the help it received from the US through the lend-lease act. They were also the main recipients of funds from the Marshall plan. Great Britain received more than any other European country although they had less actual damage than all or most other countries.
I think the reality is that British economy was simply based mostly on economic exploitation of other countries through colonialism, not on their own technological development and industrial progress. Once the colonial base fell away, it could only go downhill.
The Marshall plan was a great idea because it helped rebuild Europe after the war and avoid a lot of human suffering, because otherwise, an expansion of the influence of the USSR would have been pre-programmed, it also created new economies that could trade with the US (American economy was really booming in that time, but if you have overproduction and nobody you can sell the goods to, economic collapse can follow quickly) and it made sure that the mistakes made after WWI wouldn't be repeated when Germany was made to pay immense reparations which led to an economic burden the country could hardly bear and from there to the flourishing of radical movements like the Nazis and a desire for revenge. It worked out fabulously well. I mean, the Marshall plan, not the revenge.
But it is often misunderstood. The Marshall plan was not that substantial as far as the actual funds which flowed across the Atlantic were concerned, its main effect was that it helped get things just started again. It was also very well administrated to make sure that the funds went into the right channels (not like in Russia in the 90s when countless billions of help offered from Western countries just kind of syphoned off, with the result that you have a lot of immensely rich people there, but still a vast majority of direly poor). What happened after the 4 years the Marshall plan ran was mostly up to the individual countries. German economy boomed so enormously during the 50s that they actually had massive need for foreign guest workers at the end of the decade. The reason for that was that there was already a strong industrial and intellectual base there which could be revived after the war even though the entire country lay in ruins.
Things didn't go so well for Great Britain because they lost their most substantial colonies (like India) as a result of the war (oops) and they simply didn't have the substance to make up for that loss of essentially free resources from enslaved colonies.
| IP: Logged
|
|
|
|
Leo Enticknap
Film God

Posts: 7474
From: Loma Linda, CA
Registered: Jul 2000
|
posted 02-21-2007 06:51 AM
quote: Michael Schaffer Not true. Great Britain was actually *donated* most of the help it received from the US through the lend-lease act.
That help was received during the war itself, and for the sole purpose of fighting it. Lend-lease had nothing whatsoever to do with the post-war reconstruction period, which was what my earlier post referred to. You're right in that the residual infrastructure that was in or en route to the UK at the time the Truman Administration suddenly terminated the agreement in December 1945, was sold to the British government at 10% of its pre-war cost price. But we had to pay that 10% back, and doing so imposed a significant financial burden (during the 1945-55 period, this was equivalent to 2.8% of the income tax paid by each British adult). The axis countries didn't have to pay anything, while at the same time their industrial infrastructure was being rebuilt, largely funded by the ERP.
quote: Michael Schaffer I think the reality is that British economy was simply based mostly on economic exploitation of other countries through colonialism...
That statement would be true if you were talking about the century before the First World War. The Empire had ceased to deliver any net economic benefits to the UK by the early '20s (see Correlli Barnett, The Lost Victory, London, 1995, for the figures). We handed back all the major colonies as soon as we safely could after WWII without the risk of leaving behind civil wars or worse (which, in the case of India/Pakistan, the Palestine Mandate and Kenya, was a very real threat).
In answer to Stephen's question, we finally paid back the last installment (of around £45 milliion, if I remember the news story correctly) in December 2006.
| IP: Logged
|
|
|
|
|
|
John Walsh
Film God

Posts: 2490
From: Connecticut, USA, Earth, Milky Way
Registered: Oct 1999
|
posted 02-21-2007 02:57 PM
Yes, but many good conversations drift away from the original topic, no? That's why it's called 'yak-king.' Growing up, the schools I went mostly only taught what happened to Americans in foreign countries, not what happended to foreigners in foreign countries. Personally, I find comments made by Leo, Michael, Stephen, (and others across the Big Pond) really interesting.
| IP: Logged
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
All times are Central (GMT -6:00)
|
This topic comprises 4 pages: 1 2 3 4
|
Powered by Infopop Corporation
UBB.classicTM
6.3.1.2
The Film-Tech Forums are designed for various members related to the cinema industry to express their opinions, viewpoints and testimonials on various products, services and events based upon speculation, personal knowledge and factual information through use, therefore all views represented here allow no liability upon the publishers of this web site and the owners of said views assume no liability for any ill will resulting from these postings. The posts made here are for educational as well as entertainment purposes and as such anyone viewing this portion of the website must accept these views as statements of the author of that opinion
and agrees to release the authors from any and all liability.
|