The Postwar Period, 1945-1992: An Overview
The past half-century can now be seen as the completion of a historic period. We are entering a new and probably markedly different cycle. With hindsight, the period just completed can be described more accurately than was possible even a few years ago.
The postwar system rested on three pillars: Fordism in the Western countries, Sovietism in the East European countries, and developmentalism in the third world.
These pillars defined the social and political order for each of the regions and the economic, political, and ideological relations between them. The international order was itself the effect of confrontations between the dominant forces in each of the world’s subsystems. These competing and complementary systems gradually wore down until at the end of the cycle they collapsed one after another.[32] A period of storms accompanied the restructuring and subsequent articulation along qualitatively new lines. The postwar period may be subdivided into three phases.4.2
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