Liberal Democracy and Capitalism after World War 1

The aftermath of the First World War proved it difficult for capitalism to be transformed into socialism in and peaceful way. A new ideology found its way in driving the world economy to respond to the changing economic and political spectrum that Britain and its empire was embedded. Capitalist competition was increasing amongst the states and their colonies. The nations were not only in need for a strong economy and political power but there was great scramble for military strength. The lessons learned from the First World War saw states struggling to have more advantage against their rivalry states (Bowles & Gintis, 2008). Despite the fact that the war was over, there was seemingly an atmosphere suggesting that a cold war was taking place. This undermined would definitely undermine efforts for liberal democracy because the capitalist did not want to engage the rival states.

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The representative governments faced challenges of democratization since nations that would they would wish to engage in diplomatic relations appeared to be more concerned about their military strength for fear of another war. The wounds of the past events were still fresh. The treaties were singed to enhance democracy although some of the treaties like the treaty of versatile appeared to have affected Germany the hard way (Bowles & Gintis, 2008). As a result, the diplomatic relations between Germany and its allied powers with the rest of Europe was ruined is one the major causes of the Second World War. Despite the fact that the treaty ended the war, it changed diplomatic ties between nations and created a cold war atmosphere in the European world. The aftermath of the WWI greatly affected the economy of the representative governments lowering their determination. Capitalism dominated the economically affected nations alike Germany and Britain and for the purposes of restring their economic status (Hicks, 2009). Liberal democracy was suppressed and diplomacy way silently exercised.

The failure of economic systems threatened the stability of the European governments because the source of finance for military strength was from their stable economy. A failed economy exposed them to threats of attack if another war broke out. Since the stability of governments was marked by its economy, the risk of disasters such as hunger and diseases was a great worry for the affected states. The challenges in governorship undermined the global order of events with a shift in states that were much powerful (Hicks, 2009).The global error of colonialism gained much strength as colonialists gained much entry and control of their colonies in efforts to recover from a period of massive destruction. The nations that felt stronger wanted to rule the world by being superpowers. The Soviet Union and Britain were perceived to be stronger than any other nation in the world. Some of the challenges that the governments at this juncture faced were being attributed to selfishness of the leaders. There arose dictatorial leaders like Hitler who wanted to establish a certain world order in their countries.

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Liberal Democracy and Capitalism after World War 1. (2019, Feb 15). Retrieved May 24, 2022 , from
https://studydriver.com/liberal-democracy-and-capitalism-after-world-war-1/

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