JOURNAL ARTICLE

"A Strange Paradox": U.S. Global Economic Power and the British Welfare State, 1944–1951.

  • Published In: Diplomatic History, 2024, v. 48, n. 4. P. 549 1 of 3

  • Database: Academic Search Ultimate 2 of 3

  • Authored By: Zdencanovic, Ben 3 of 3

Abstract

This article examines the tensions and complexities that arose between the United States and the United Kingdom after World War II. The British Labour Party's victory in the 1945 general election, with its promises of nationalization and social welfare programs, caused concern among U.S. conservatives. The United States provided financial aid to the UK, but this aid came with conditions that influenced the shape of the British welfare state. The negotiations for a loan between John Maynard Keynes and the United States government were influenced by the Labour government's domestic policies. The loan was approved, but the conditions proved challenging for the British government. The article also discusses the impact of U.S. tobacco imports on the UK's economy and social welfare system, as well as the relationship between U.S. economic aid and the development of social welfare policies in Western Europe. [Extracted from the article]

Additional Information

  • Source:Diplomatic History. 2024/09, Vol. 48, Issue 4, p549
  • Document Type:Article
  • Subject Area:Economics
  • Publication Date:2024
  • ISSN:0145-2096
  • DOI:10.1093/dh/dhae036
  • Accession Number:179059370
  • Copyright Statement:Copyright of Diplomatic History is the property of Oxford University Press / USA and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Looking to go deeper into this topic? Look for more articles on EBSCOhost.