Bretton Woods wasn’t about military protection. It was about stabilizing the global economy and monetary system. It absolutely gave the US a ton of economic influence, but it didn’t have anything to do with military protection. The Soviet Union even took part in the negotiations that turned into the Bretton Woods Agreement, although they chose not to sign the treaty.
The US’ military hegemony came out of NATO, the Cold War, and the Marshall Plan.
vvilld@lemmy.dbzer0.com 1 week ago
Bretton Woods wasn’t about military protection. It was about stabilizing the global economy and monetary system. It absolutely gave the US a ton of economic influence, but it didn’t have anything to do with military protection. The Soviet Union even took part in the negotiations that turned into the Bretton Woods Agreement, although they chose not to sign the treaty.
The US’ military hegemony came out of NATO, the Cold War, and the Marshall Plan.