Bookmarker is a personal project by @dellsystem to help with retaining reading material. Source on GitHub.

Activity

You added a note
6 years, 10 months ago

military Keynesianism

Despite his grudging admiration for the stolid Truman, Forrestal’s Wall Street background had left him at ease in a more speculative or liquid universe; at that precise moment, he was devising accounting gimmicks to offset near billion-dollar costs of stockpiling raw materials as a “capital item” t…

—p.27 Evil Empire (Boston Review / Forum Book 8) Banking on the Cold War (16) by Nikhil Pal Singh
You added a note
6 years, 10 months ago

the Soviet “empire of justice” and the U.S. “empire of liberty”

Over the next quarter century, fewer than 400 individuals operated the national security bureaucracy, with some individuals enjoying decades of influence. That the top tier was dominated by white men who were Ivy League–educated lawyers, bankers, and corporate executives (often with ties to armamen…

—p.25 Banking on the Cold War (16) by Nikhil Pal Singh
You added a note
6 years, 10 months ago

the forms of political authority that sustained economic inequality

[...] the possibility of potential alignments between decolonizing nations and Soviet power was far less concrete and worrisome to the United States than the more definite and delineated material losses faced by the United States and the colonial powers with which it had aligned itself—namely, bein…

—p.24 Banking on the Cold War (16) by Nikhil Pal Singh
You added a note
6 years, 10 months ago

to maintain this position of disparity

The following year, for example, George Kennan, author of the “containment” doctrine, a protégé of Forrestal, and the single most influential strategic foreign policy thinker of the moment, offered a strikingly candid version of the task at hand, in a classified memo that consciously punctured the …

—p.20 Banking on the Cold War (16) by Nikhil Pal Singh
You added a note
6 years, 10 months ago

the property of the American people

Henry Wallace, the secretary of commerce and former vice president, agreed with Stimson, as did Undersecretary of State Dean Acheson (though he later changed his position), but Secretary of the Navy James Forrestal laid down the definitive opposition. “The Russians, like the Japanese,” he argued, “…

—p.17 Banking on the Cold War (16) by Nikhil Pal Singh