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The Military-Industrial Complex in the West and the Opposing Power Sphere in the East

  • Luiz Alberto Moniz Bandeira
Chapter

Abstract

After the defeat of the Axis powers in the Second World War, the world was divided into the spheres of influence of the two remaining great powers: the United States and the Soviet Union. The United States claimed to represent the Free World, but the western democracies had incorporated many elements of a totalitarian state into their ideological arsenal, especially in the context of the Cold War, supporting dictatorships in the war against the eternal enemy, communism, and promoting the expansion of financial capital. Steadily rising inequality exacerbated, especially in the United States, these authoritarian tendencies. After the financial collapse of 2008, more power was concentrated in the Wall Streets banks, which further increased their grip on the economy and their influence over the White House and the Congress.

Keywords

Spheres of influence Cold War Wall Street Financial crisis of 2008 Authoritarian tendencies 

Copyright information

© Springer Nature Switzerland AG 2019

Authors and Affiliations

  • Luiz Alberto Moniz Bandeira
    • 1
  1. 1.Emeritus professor for HistoryUniversity of BrasíliaSt. Leon-RotGermany

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