Economic Theories and Policies After World War II

World War II brought several changes to the world and specifically America. It not only changed the world map but also set impact on the behaviours. WWII played a major role in building turning points during different periods. Before WWII, African Americans were not offered equal rights in the community. It was considered an impossible thing that African could ever do a white collar or even a blue collar job. However, soon after the WWII, there came a turning point in the lives of African American with the Civil Rights Act in 1964.

Final Exam: Between the beginning of World War II and the present decade, the United States underwent significant reform through key legislative acts, which addressed race relations, poverty, and gender. Explain these different categories of reform, their early proponents, their evolution into legislation, and whether or not this legislation truly addressed the issues.

Ayn Rand's Anthem shows us her view of our world united under what seems to be communist rule. For example their view of right and wrong; which Anthem portrays is a system of very strict rules which mainly make sure that everyone is involved in a collective role within the society in this system no one is considered an individual or that they can even think as an individual.

I believe that Ayn rand was trying to tell us that people will blindly follow the people that are ahead of them in life. Some examples are when they started this new age of humanity they made sure that everyone was equal although some being more equal than others. Then they also completely got rid of some things like freedom, individualism, and the free use of electricity. Even though some people might not agree, Having a government that controls what you chose works because people who are scared and are not leaders can be led astray from what is right.

Believing in yourself and the things you can do is what sets you apart from the others surrounding you. In a world of dystopian collectivism, rules and regulations have turned life negative for generations upon generations of people. The perfect world that they have created has begun to crack. Ayn Rand believed that collectivism was not beneficial to this dystopian life and showed her reasonings through the character Equality 7-2521, the exclusion of the word “I”, and fear.

Following World War II, economic policies were marked by two major trends. On one hand, industrialized economies gradually removed trade barriers. These policies were based on the idea that free trade is not only a factor for economic prosperity of nations, but also for the promotion of peace. On the other hand, economic policies of many developing countries with the exception of few countries in Southeast Asia have been conditioned by the belief that the key to development rests in the establishment of a powerful manufacturing sector, and that the best way to create such an area was to protect local industries from international competition through substitution imports policies.

Ayn Rand went through her childhood living in communist Russia and used her experiences and own philosophies to help write Anthem. It describes how human nature does not to form societies using systems of government, where private property does not allowed and dictators typically rule, because humans are naturally free thinkers and fight for survival. As proposed by Charles Darwin survival in the animal world is determined by the genes that are passed onto offspring to keep the species or group alive. Dictators with power typically take away many freedoms of their citizens because they can. Humans will constantly search for ways to make their genes the most desirable to produce more offspring, it is not in human nature to be equal to everyone else.

Before World War II the United States had a horrible economy many people weren`t working the country was just getting worse and worse. The United States getting brought into the war was a horrible mistake for the axis but an amazing tragedy and advantage for the United States. Pearl Harbor was a tragedy leaving American lives dead and an army base destroyed. As the men went off to war the women stepped in taking men`s jobs and helping the war effort. After the war the United States economy did a complete 180 and they were left booming.

At the beginning of the presidency of Franklin D. Roosevelt, many policies emerged to control the current situation the nation was living. One of them was the economy act, which acted to reduce the federal spending. National Industrial Recovery Act was another important policy of the time, which established some industry codes and working condition. Another policy was the Tennessee Valley Authority that helped to stop the deforestation and ensured an easier to pay electricity prizes for homes and industries. There were also many others like the Emergency Banking Act and the Agricultural Adjustment Act.

Although Ayn Rand may have achieved a lot during her lifetime from writing novels, writing plays, and screen writing. But what stands out the most about her character is her extreme selfishness. She believed that you won't achieve anything in life if you believed in the idea of altruism. She was self-interested and her number on priority was herself. Without her arrogance and selfishness, she would’ve never got to where she got during her lifetime.

Is it possible to know what Americans thought of World War II, if they believed that the war was a just war or whether they did not agree for what the United States was fighting for? The historian Studs Terkel believes he knows this answer and that Americans saw themselves as liberators of an oppressed world fighting for the just war which can be concluded from his famous volume, The Good War. Of course one person’s beliefs should not be believed as easily just by reading a book. A person should base their opinions on something much more analytical than that. In order to decide whether some Americans actually thought that World War II was a just war, a thorough analysis should be done of American life looking at all the facts found. Beginning with American experience before the war then analyzing the experience of the war and the home-front itself and finally ending with the analysis of America after World War II a conclusion can be made regarding the American point of view.

The second World War affected the United States economy in several ways. When World War II began, the United States was in the Great Depression- a time of intense economic suppression and widespread dejection across the nation lasting from 1929 until 1939. The effects of World War II are still represented today. For example, the price of one gallon of gas in 1940 was only eleven cents (Myers). Today, the cost of a gallon of gas has been increased by eighteen times the amount it was before the war. This stark difference is due to a state of inflation brought upon by World War II. Inflation was not the only side effect of the war. World War II affected the United States by ending the Great Depression, transforming American industry, and mobilizing the economy.

When World War I ended the United States was in a recession. Millions of veterans were looking for jobs when all the industries were in cancellation of billions of war contracts. There was also a shortage in goods that were not produced that caused high prices and inflation. The cost living also doubled and that caused stress for many Americans. The Americans had little patience for the economic problems. They just wanted to start over and put it all behind them. They felt the business sector was going to help the recession. When you unions would strike they were viewed badly and had harsh punishments. They were afraid that the communists might be able to succeed and come into America.

Over the years, wars have increased. Today, countries like Iraq are devastated from wars and some people think it helps the economy even though it clearly doesn’t. World War II was horrible and ever since World War III is trying to be prevented as well. The economy needs a boost but wars decrease it by a tremendous margin and some countries are striving to regain their economy and population. The US still thinks that the Middle Eastern countries are hoarding oil, but they’re not helping in any possible way. Wars decline the economy in many ways. It increases taxes, decreases population, and causes inflation.

The fiction novel, The Fountainhead, by Ayn Rand is based off of her philosophy of Objectivism. Ayn Rand defines and separates her philosophy of Objectivism into four different and distinct parts. The first part Ayn Rand explains is Metaphysics. Metaphysics is an objective reality where you only accept facts as reality and not fantasies or desires. The next part of Objectivism is Epistemology, which is reasoning by perceiving reality by using knowledge or facts as your guide. The third part is Ethics and self-interest. The final part of Objectivism is laissez-faire capitalism, which is equal trade while the government acts as a police force only. The third part of Objectivism, Ethics and Self-Interest, is explained by Ayn Rand as