The vietnam war

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The Vietnam War was one of the longest wars in US history, lasting from 1954 to 1975. Over 58,000 American lives were lost during the conflict. The US government's political leadership was uncommitted in the early years of the war and lacked a clear military strategy. Additionally, failures to adequately communicate the reasons for and goals of the war to the American people undermined support for continuing the war effort.

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In the aftermath of the Second World War, Eastern Europe, along with Western Europe, with the United States, sees in the USSR, which liberated it from Nazism, its savior. For this reason, the USSR, which enjoys immense prestige with the countries of Eastern Europe, as the United States with the countries of Western Europe, is a model and guide to follow and imitate. But while in the United States the model is capitalism, in the USSR the model is communism. That is why, between 1945 and 1949, the Eastern countries converted to communism: some quickly, others less spontaneously. Yugoslavia and Albania in 1945 are the first two Eastern European countries led by communist governments: the first in the hands of Josip Broz, called Tito, the second between those of Enver Hoxha, two heroic resistants having liberated their country from Nazism without the support of the Soviet Red Army. Bulgaria in 1946, Poland and Romania in 1947, after having been led for several months by provisional governments called National Front governments, bringing together anti-Nazi resistance on all sides, constitute the second wave of nations to pass under the influence Communist governments. Czechoslovakia in 1948 surrendered itself to communism after a show of force known as the “coup de Prague”. On February 25, 1948, in fact, after the resignation of the National Front government of liberal ministers who judge excessive Communist influence, the President of the Republic, Benes, soon resigning, for lack of being communist, is imposed by the Party. Communist Czechoslovak, author of a show of force through the parade of armed labor militias to spread fear, the formation of a communist government under the orders of Prime Minister Klement Gottwald. Hungary in 1949, also insensitive to the sirens of communism the first years, finally be convinced by the tactics of salami. According to Matyas Rakosi, leader of the Hungarian Communist Party, and the inventor of the term, the salami’s tactic is to divide the political opponents “slice by slice” and then cut them out of politics “one by one” until that there is not one left. As a result, the Hungarian Communist Party, after having used threats against its most distant political opponents (liberals), offers its closest political allies (socialists) no choice but to dissolve their political party in order to to join the Communist Party, which became the only legal party at the same time as the only ruler of the country. Germany, finally, in 1949, is the last country of Eastern Europe passed to communism. As a result of the blockade of West Berlin and the division of Germany into two countries, the birth of the German Democratic Republic (GDR) allows the German Communist Party to seize power and entrust its direction to its most High Representative, Wilhelm Pieck. The USSR, on the other hand, is considered by all these popular democracies as the “big brother” to whom we obey and from whom we receive our orders.

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The board of directors is generally described in terms of its prominent structural attributes, including size, composition, and independence. This Quick Guide examines the importance of these and whether they contribute to board effectiveness and shareholder value. It answers the questions: • What is the composition of a typical board? • Which factors improve governance quality? • Which factors do not? • Can a board’s quality be determined by its structure? For an expanded discussion, see Corporate Governance Matters: A Closer Look at Organizational Choices and Their Consequences (Second Edition) by David Larcker and Brian Tayan (2015): http://www.gsb.stanford.edu/faculty-research/books/corporate-governance-matters-closer-look-organizational-choices Buy This Book: http://www.ftpress.com/store/corporate-governance-matters-a-closer-look-at-organizational-9780134031569 For permissions to use this material, please contact: E: corpgovernance@gsb.stanford.edu Copyright 2015 by David F. Larcker and Brian Tayan. All rights reserved.

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The vietnam war

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