an absence of interdependence between the communist states and the rest of the world, because such interdependence surely existed, and global peace would surely have benefited from the participation of the communist states in these institutions.
Excluding the Soviet Union, the PRC, and the satellite states from the IMF, the World Bank, and GATT are more easily explained, however, by the second image hypothesis. The second image hypothesis seeks motivation for international actions within the domestic political structure of a country. The United States had an internal motivations to exclude the communist states from the IMF, the World Bank, and GATT. From the time of the rise of communism as a political force in the early part of the twentieth century, American politicians, capitalist theoreticians, and business interests, while denouncing communism as a bankrupt theory, nevertheless, displayed through policies and actions a fear that communism might become acceptable, thus, undermining the power and rights of capital and property. This f
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