American Big Business in Britain and Germany: A Comparative History of Two "Special Relationships" in the 20th Century
American Big Business in Britain and Germany: A Comparative History of Two "Special Relationships" in the 20th Century
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Abstract
While America's relationship with Britain has often been deemed unique, especially during the two world wars when Germany was a common enemy, the American business sector actually had a greater affinity with Germany for most of the twentieth century. This book examines the triangular relationship between the American, British, and German business communities and how the special relationship that Britain believed it had with the United States was supplanted by one between America and Germany. The book begins with the pre-1914 period and moves through the 1920s, when American investments supported German reconstruction rather than British industry. The Nazi seizure of power in 1933 led to a reversal in German–American relations, forcing American corporations to consider cutting their losses or collaborating with a regime that was inexorably moving toward war. Although Britain hoped that the wartime economic alliance with the United States would continue after World War II, the American business community reconnected with West Germany to rebuild Europe's economy. And while Britain thought they had established their special relationship with America once again in the 1980s and 1990s, in actuality it was the Germans who, with American help, had acquired an informal economic empire on the European continent. This book uncovers the surprising and differing relationships of the American business community with two major European trading partners from 1900 through the twentieth century.
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Front Matter
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Introduction
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I
The North Atlantic Business Triangle and the Constellation of 1900–1901
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II
Cooperation, Peaceful Competition, and the Specter of War, 1902–1914
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III
From the Outbreak of War in July 1914 to the Genoa Conference, 1922
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IV
The North Atlantic Triangle: Economic Reconstruction and Collapse, 1923–1933
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V
Nazi Germany, Appeasement, and Anglo-American Big Business, 1933–1941
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VI
British and German Business and Politics under the Pax Americana, 1941–1957
- Conclusions
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End Matter
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