The “Marshall Plan” speech at Harvard University

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“Aside from the demoralizing effect on the world at large and the possibilities of disturbances arising as a result of the desperation of the people concerned, the consequences to the economy of the United States should be apparent to all. It is logical that the United States should do whatever it is able to do to assist in the return of normal economic health in the world, without which there can be no political stability and no assured peace. Our policy is directed not against any country or doctrine but against hunger, poverty, desperation and chaos. Its purpose should be the revival of a working economy in the world so as to permit the emergence of political and social conditions in which free institutions can exist. Such assistance, I am convinced, must not be on a piecemeal basis as various crises develop. Any assistance that this Government may render in the future should provide a cure rather than a mere palliative. Any government that is willing to assist in the task of recovery will find full co-operation I am sure, on the part of the United States Government. Any government which maneuvers to block the recovery of other countries cannot expect help from us. Furthermore, governments, political parties, or groups which seek to perpetuate human misery in order to profit therefrom politically or otherwise will encounter the opposition of the United States.” -George C. Marshall

In his speech at Harvard University, George C. Marshall lays out the necessity of economic intervention in Europe. Marshall argues that the political stability can only follow economic stability. One of the most important aspects of the plan is the fact that the money will be distributed to both axis and allied nations across Europe. This is clearly a lesson learned after World War One and the disastrous reconstruction attempt that led Europe in the rise of Nazism and World War Two.