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Essay / Research Paper Abstract
A 5 page discussion of the lure of "democratic fair dealing". The author contends that there were certain detrimental considerations associated with Harry Truman's vision regarding the capitalistic growth of our country. This so-called democratic fair dealing went hand in hand with certain detrimental impacts to tradition and culture. Americans were hit hard enough by these impacts but third world countries were hit even harder as they became pawns in America's economic growth and/or as they too tried to implement strategies which were in reality quite similar to Truman's. Bibliography lists 7 sources.
Page Count:
5 pages (~225 words per page)
File: AM2_PPdemFai.rtf
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Unformatted sample text from the term paper:
In his 1949 inaugural address as President of the United States, Harry Truman contended that he envisioned a program of development based on the concepts of democratic
fair dealing. Truman believed that greater production was the key to prosperity and peace. In turn, the wider and more vigorous application of modern scientific and technical knowledge
was regarded as the key to greater production. While Trumans vision was certainly positive for the capitalistic growth of our country, it went hand in hand with certain detrimental
impacts to tradition and culture. Americans were hit hard enough by these impacts but third world countries were hit even harder as they became pawns in Americas economic growth
and/or as they too tried to implement strategies which were in reality quite similar to Trumans. In effect the efforts which were initiated in an attempt to
enact such strategies were encompassed in what the world came to know as the neoliberalism and globalism, the adverse impacts of which can be noted in many diverse locations around
the world. After World War II economists began to theorize that the solution to undeveloped economies was structural in nature (Onis). They
believed that implementing a development strategy that relied on free market forces would better the economy (Onis). Numerous models were proposed to describe this phenomena, each based on a
rigid productive structure and the identification and elimination of production bottlenecks (Onis). Structuralism had numerous flaws, however. This included it rigid view of the production process and its
precept that to be effective state involvement was a necessity (Onis). State intervention has since proven itself to be counterproductive (Onis). Following Trumans term in office the concept
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