“In his article, Fred Block examines the 1950 decision to implement a massive increase in military spending, originally proposed in the then secret document NSC-68. Traditionally this decision has been interpreted in purely military terms, i.e. as an effort to protect US interests against the Soviet military threat. Block, however, suggests that there were important economic reasons for this decision. What according to Block were the economic reasons that led to the 1950 decision to increase military expenditures?” Economic Instability and Military Strength: Article: The Paradoxes of the 1950 Rearmament Decision Fred Block Joyce Kolko and Gabriel Kolko, The Limits of Power: The World and United States’ Foreign Policy, 1945-1954 (New York: Harper & Row, 1972), Introduction and Chap. 1 THe fred block article should be used the most, but the second article can help no bibliography needed
