CHAPTER 10

Business in War and Postwar America: 1940–1960

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Frequently, foreign observers understand America better than Americans. Certainly the young French aristocrat, Alexis de Tocqueville, proved uncanny with his predictions and unerring in his analysis of American culture and politics. In the case of World War II, historians have long maintained that the exceptional skill of American fighting men won the war, only to be challenged by Europeanists who claim that the overwhelming might of the Soviet infantry was the decisive factor. Still another group suggests that the superior technology of the United States—culminating in the atomic bomb—made ...

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