domingo, 23 de agosto de 2009

The Great Depression

The Great Depression was an economic slump in North America, Europe, and other industrialized areas of the world that began in 1929 and lasted until about 1939. It was the longest and most severe depression ever experienced by the industrialized Western world.

Though the U.S. economy had gone into depression six months earlier, the Great Depression may be said to have begun with a catastrophic collapse of stock-market prices on the New York Stock Exchange in October 1929. During the next three years stock prices in the United States continued to fall, until by late 1932 they had dropped to only about 20 percent of their value in 1929. Besides ruining many thousands of individual investors, this precipitous decline in the value of assets greatly strained banks and other financial institutions, particularly those holding stocks in their portfolios. Many banks were consequently forced into insolvency; by 1933, 11,000 of the United States' 25,000 banks had failed. The failure of so many banks, combined with a general and nationwide loss of confidence in the economy, led to much-reduced levels of spending and demand and hence of production, thus aggravating the downward spiral. The result was drastically falling output and drastically rising unemployment; by 1932, U.S. manufacturing output had fallen to 54 percent of its 1929 level, and unemployment had risen to between 12 and 15 million workers, or 25-30 percent of the work force.

The Great Depression began in the United States but quickly turned into a worldwide economic slump owing to the special and intimate relationships that had been forged between the United States and European economies after World War I. The United States had emerged from the war as the major creditor and financier of postwar Europe, whose national economies had been greatly weakened by the war itself, by war debts, and, in the case of Germany and other defeated nations, by the need to pay war reparations. So once the American economy slumped and the flow of American investment credits to Europe dried up, prosperity tended to collapse there as well. The Depression hit hardest those nations that were most deeply indebted to the United States, i.e., Germany and Great Britain. In Germany, unemployment rose sharply beginning in late 1929, and by early 1932 it had reached 6 million workers, or 25 percent of the work force. Britain was less severely affected, but its industrial and export sectors remained seriously depressed until World War II. Many other countries had been affected by the slump by 1931.


More about it: here & here

jueves, 13 de agosto de 2009

World War II


Our current topic of class discussion is WW II, causes, idelogy behind, course of action and consequences.Here are some links to download PPP of the subject.

miércoles, 12 de agosto de 2009

Maus -Art Spiegelman


Winner of the Pulitzer prize for literature, Art Spiegelman's "Maus: A Survivor's Tale" is a unique and unforgettable work. This two-volume set of book-length comics (or "graphic novels," if you prefer) tells the story of the narrator, Artie, and his father Vladek, a Holocaust survivor. "Maus" is thus an important example of both Holocaust literature and of the graphic novel. The two volumes of "Maus" are subtitled "My Father Bleeds History" and "And Here My Troubles Began"; they should be read together to get the biggest impact.Artie is a comic book artist who is trying to create art that is meaningful, not just commercial. As the two volumes of "Maus" unfold, he gradually learns the full story of his father's history as a Jewish survivor of the World War II Holocaust. There is a complex "book within the book" motif, since the main character is actually writing the book that we are reading. This self-referentiality also allows Spiegelman to get in some satiric material.

The distinguishing conceit of "Maus" involves depicting the books' humanoid characters as having animal heads. All the Jews have mice heads, the Germans are cats, the Americans dogs, etc. It is a visually provocative device, although not without problematic aspects. To his credit, Spiegelman addresses some of the ambiguities of this visual device in the course of the 2 volumes. For example, Artie's wife, a Frenchwoman who converted to Judaism, wonders what kind of animal head she should have in the comic.

"Maus" contains some stunning visual touches, as well as some truly painful and thought-provoking dialogue. Vladek is one of the most extraordinary characters in 20th century literature. As grim as the two books' subject matter is, there are some moments of humor and warmth. Overall, "Maus" is a profound reflection on family ties, history, memory, and the role of the artist in society.


A book to accompany the subject of WWII in our syllabus, it´s highly advisable to read to have another view on the War and the Holocaust.