In this sense, Pax Americana has come to describe the military and economic position of the United States relative to other nations. The U.S. Marshall Plan, which saw the country transfer $13.3 billion (the equivalent of $173 billion in 2023) in economic recovery programs to Western European countries, has been described as "the launching of the Pax Americana".[5]
^Nye, Joseph S. (1990). "The Changing Nature of World Power". Political Science Quarterly. 105 (2): 177–192. doi:10.2307/2151022. JSTOR2151022.
^Abbott, Lyman, Hamilton Wright Mabie, Ernest Hamlin Abbott, and Francis Rufus Bellamy. The Outlook. New York: Outlook Co, 1898. "Expansion not Imperialism" p. 465. (cf. [...] Felix Adler [states ...] "if, instead of establishing the Pax Americana so far as our influence avails throughout this continent, we should enter into' the field of Old World strife, and seek the sort of glory that is written in human blood." Here it is assumed that we have failed in establishing self-government, and propose to substitute, at least in other lands, an Old World form of government. This sort of argument has no effect on the expansionist, because he believes that we have magnificently succeeded in our problem, in spite of failures, neglects, and violations of our own principles, and because what he wishes to do is, not to abandon the experiment, but, inspired by the successes of the past, extend the Pax Americana over lands not included in this continent.")