The collapse of the center refers to the collapse of western influence. European ideology was seriously brought into question after the Great Depression, the Holocaust, the two World Wars and the Cold War, all of which were brought up from a lack of capitalism working properly. For years leading up to these events European ideology was seen as the superior way to go upon living whether it were in terms of politics (democracy), economics (capitalism), religion (Christianity and Catholicism), or even just language (European native languages); however, without regulation the core structures easily collapsed.
I feel that I was extremely shocked when it came to the collapse in capitalism during the Great Depression. The United States history books put a huge emphasis on how terrible and evil communism is as a structure, but do not care to lay out the limits that capitalism has. The introduction to loans and credit cards were used so immensely that the value in money heavily decreased, for the printing of money and the use of credit was not regulated enough to work. Now that our economics structure has been further studied and heavily payed attention to, we have created numerous rules and laws to help protect us from this situation ever taking place again. This is just one example of the many ways in which capitalism is not perfect.
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