1. U.S. foreign policy, Cold War history, and history of capitalism: An interview with Fritz Bartel.
- Author:
- Fritz Bartel and Asensio Robles
- Publication Date:
- 02-2024
- Content Type:
- Commentary and Analysis
- Institution:
- The Toynbee Prize Foundation
- Abstract:
- It is an exciting time for Cold War historiography. Long gone are debates that were once central to the field, such as those about the origins of the Cold War and the responsibilities for its emergence. Perhaps the most important aspect of the Cold War for our present, some historians now argue, was not its outbreak but its end. Why did the Eastern bloc collapse in the late 1980s? How was it possible for this collapse to occur without triggering major international and domestic turmoil (Romania’s case notwithstanding)? And why did neoliberalism prevail over other economic paradigms in the new post-socialist democracies? Answering all these questions has become an urgent task in light of today's war in Ukraine, the continuing rise of populism, the growing delegitimization of liberal democracies, and the exhaustion of neoliberalism and globalization as reliable agents of growth in post-industrial societies. These are precisely the three big questions that Fritz Bartel sets out to answer in The Triumph of Broken Promises: The end of the Cold War and the Rise of Neoliberalism (Cambridge, Ma.: Harvard University Press, 2022). Bartel’s book offers a picture of the end of the Cold War that has at its core a particular interpretation of the nature of the East-West conflict. Eastern communism and Western capitalism shared the same base: the Cold War was a politico-economic contest between two industrial ideologies over how best to ensure the continued social and economic well-being of their own populations. As such, both systems were largely successful during the golden years of post-war economic growth. However, if Western capitalism ultimately won the Cold War, Bartel argues, it was because Western liberal democracies proved to be much more flexible and capable of breaking their socio-economic promises in an increasingly globalized world than the Eastern Bloc after the 1973 oil shock. It was not geopolitics that ultimately decided the end of the Cold War, but rather the different strategies that East and West chose in a world increasingly shaped by oil, international finance, the exhaustion of extensive economic growth, and globalization. I had the pleasure of interviewing Bartel on December 5, 2023. What follows is a summary of our discussion about the origins of The Triumph of Broken Promises, its place in today's literature on U.S. foreign policy and Cold War history, and the lessons this book might have for our turbulent times.
- Topic:
- Foreign Policy, Cold War, History, Capitalism, Neoliberalism, Interview, and Historiography
- Political Geography:
- North America and United States of America