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by chipsy
4002 days ago
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A glib way of answering this is to look at how much of U.S. GDP went to military spending. It was extremely high during the war and has remained at a higher average level ever since - thus Eisenhower's "military-industrial complex" remarks at the end of his term. Minus that spending, it's not clear what would have happened, since we never had a return to the old status quo. The military investments of the war motivated the early development of Silicon Valley - thus, we'd be looking at a present day where "somewhere else" might have gained the tech hub crown. That said, the current moment is one where the premises could change again. China has a strong and growing influence in the world, just as the U.S. did coming into the Depression. The particular circumstances differ, but a broad "cycle of empire" is one way to interpret things. |
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