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Main article: Cold War US President Ronald Reagan (left) and Soviet General Secretary Mikhail Gorbachev, former leaders of the Cold War's two rival superpowers, meeting in Geneva in 1985. The Suez Crisis, which ended British Empire's status as superpower and the dissolution of the Soviet Union in 1991 left the United States as the only superpower. This remains unchanged.[1] The 1956 Suez Crisis suggested that Britain, financially weakened by two world wars, could not then pursue its foreign policy objectives on an equal footing with the new superpowers without sacrificing convertibility of its reserve currency as a central goal of policy.[19] As the majority of World War II had been fought far from its national boundaries, the United States had not suffered the industrial destruction nor massive civilian casualties that marked the wartime situation of the countries in Europe or Asia. The war had reinforced the position of the United States as the world's largest long-term creditor nation[20] and its principal supplier of goods; moreover it had built up a strong industrial and technological infrastructure that had greatly advanced its military strength into a primary position on the global stage.[21] Despite attempts to create multinational coalitions or legislative bodies (such as the United Nations), it became increasingly clear that the superpowers had very different visions about what the post-war world ought to look like, and after the withdrawal of British aid to Greece in 1947 the United States took the lead in containing Soviet expansion in the Cold War.[22] The two countries opposed each other ideologically, politically, militarily, and economically. The Soviet Union promoted the ideology of communism: planned economy and a one-party state, whilst the United States promoted the ideologies of liberal democracy and the free market. This was reflected in the Warsaw Pact and NATO military alliances, respectively, as most of Europe became aligned with either the United States or the Soviet Union. These alliances implied that these two nations were part of an emerging bipolar world, in contrast with a previously multipolar world.[citation needed] The idea that the Cold War period revolved around only two blocs, or even only two nations, has been challenged by some scholars in the post–Cold War era, who have noted that the bipolar world only exists if one ignores all of the various movements and conflicts that occurred without influence from either of the two superpowers.[23] Additionally, much of the conflict between the superpowers was fought in "proxy wars", which more often than not involved issues more complex than the standard Cold War oppositions.[24] After the Soviet Union disintegrated in the early 1990s, the term hyperpower began to be applied to the United States, as the sole remaining superpower of the Cold War era.[1] This term, coined by French foreign minister Hubert Védrine in the 1990s, is controversial and the validity of classifying the United States in this way is disputed. One notable opponent to this theory, Samuel P. Huntington, rejects this theory in favor of a multipolar balance of power. Other international relations theorists, such as Henry Kissinger, theorize that because the threat of the Soviet Union no longer exists to formerly American-dominated regions such as Japan and Western Europe, American influence is only declining since the end of the Cold War, because such regions no longer need protection or have necessarily similar foreign policies as the United States.[25] The Soviet Union and the United States fulfilled the superpower criteria in the following ways: Soviet Union Soviet Union United States United States Political Strong Communist state. Anti-colonialist movements and labour parties. Permanent seat on the United Nations Security Council. Strong ties with Central and Eastern Europe, countries in Latin America, Southeast Asia, and Africa. Also had an alliance with the People's Republic of China up until 1961. Supported Communist and socialist countries around the world. Strong capitalist federation/constitutional republic. Permanent seat on the United Nations Security Council plus two allies (France and Britain) with permanent seats. Strong ties with Western Europe, some countries in Latin America, the Commonwealth of Nations, and several East Asian countries. Supported democracies and right-wing dictatorships around the world. Cultural Press explicitly controlled and censored. Promoted, through the use of propaganda, its Communist and Socialist ideal that workers of all countries should unite to overthrow capitalist society and what they called the dictatorship of the bourgeoisie and replace it with a socialist society where all means of production are publicly owned. Rich tradition in literature, classical music, and ballet. Maintained constitutional guarantees for freedom of speech and freedom of press, though the ongoing Cold War did lead to a degree of censorship, particularly during the Vietnam War era and the Second Red Scare when censorship was the heaviest. Rich cultural influence in music, literature, film, television, cuisine, art, and fashion. Military Possessed largest armed forces and air force in the world, and the second of the world's largest navies. Possessed bases around the world, Also held the world's largest stockpile of nuclear weapons for the second half of the Cold War. Founder of Warsaw Pact with satellite states in Central and Eastern Europe. Global intelligence network with GRU and the First Chief Directorate of KGB. Ties with paramilitary and guerrilla groups in the developing world. Large armament production industry with global distribution. Highest military expenditure in the world,[26] with the world's largest navy surpassing the next 13 largest navies combined,[27][28] and an army and air force rivaled only by that of the Soviet Union. Possessed bases around the world, particularly in an incomplete "ring" bordering the Warsaw Pact to the West, South and East. Largest nuclear arsenal in the world during the first half of the Cold War. Powerful military allies in Western Europe (NATO) with their own nuclear capabilities. Global intelligence network, the CIA. Ties with paramilitary and guerrilla groups in the developing world. Large armament production through defense contractors along with its developed allies for the global market. Economic GDP of $2.9 trillion in 1990. Second largest economy in the world.[29] Enormous mineral energy resources and fuel supply. Generally self-sufficient using a minimal amount of imports, though suffered resource inadequacies such as in agriculture. Marxist economic theory based primarily on production: industrial production directed by centralised state organs leading to a high degree of inefficiency. Five-year plans frequently used to accomplish economic goals. Economic benefits such as guaranteed employment, free healthcare, free education on all levels formally assured for all citizens. Economy tied to Central and Eastern-European satellite states. GDP of $5.2 trillion in 1990. Largest economy in the world. Capitalist free market economic theory based on supply and demand: production determined by customers' demands, though it also included rising income inequality since 1979.[30] Enormous industrial base and a large and modernized farming industry. Large volume of imports and exports. Large resources of minerals, energy resources, metals, and timber. High standard of living with accessibility to many manufactured goods. Home to a multitude of the largest global corporations. U.S. Dollar served as the dominant world reserve currency under Bretton Woods Conference. Allied with G7 major economies. Supported allied countries' economies via such programmes as the Marshall Plan. Demographic & Geographic Had a population of 286.7 million in 1989, the third largest on Earth behind China and India.[31] Largest country in the world, with a surface area of 22.27 million km².[31] Had a population of 248.7 million in 1990, at that time the fourth largest on Earth.[32] Fourth largest country in the world (after the Soviet Union, Canada, China), with an area of 9,526,468 km².[33] |
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