May 1987 Issue [Article] Perils of policy. The Marshall Plan only worked once Download PDF Adjust Share by William Pfaff, Subscribe or log in to continue reading. Tags 1945-1989 20th century Economic aspects Economic assistance, American Europe Foreign relations History Marshall Plan United States World War II, 1939-1945 More from William Pfaff Armed and Dangerous The inexorable rise of American militarism The American Model Won’t Work for Europe William Pfaff has been contributing to Harper’s Magazine since 1961. Germany’s Chancellor Angela Merkel is not the only European convinced that the European crisis, now a political as well as… What we’ve lost George W. Bush and the price of torture Adjust Share