Dollar imperialism

Dollar imperialism

Dollar imperialism was a term coined by the Soviet Foreign Minister Vyacheslav Molotov at the start of the Cold War; it was used in reference to the American government's Marshall Plan.[1]

The Soviet Union believed that the Marshall Plan was being used by the United States in an attempt to create a 'sphere of influence' in Western Europe after World War II. Dollar imperialism is prevalent in our world today, the US still flexes its economic power to accomplish her desires[dubious ]

See also

References

  1. ^ Phillips, Steve (2001) [2001]. Martin Collier, Erica Lewis. ed. The Cold War. Heinemann Educational Publishers. ISBN 0435 32736 4. http://www.heinemann.co.uk/Series/product.aspx?isbn=9780435327361&xmark=gbook#contents. Retrieved 2008-09-22. 

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