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The end of the Cold War presents a unique opportunity to reinvent American society. In the wake of the Cold War both the problems faced and the resources available to address them are different from those associated with past postwar adjustments. Unfortunately, the adjustment to the end of the war will bring hardship to many. The hardship experienced by defense dependent firms, communities and individuals could delay or halt the transformation of American society. The study presents an introduction to the issue of post-Cold War defense economic adjustment. It defines a number of techniques for adjustment, presents new domestic considerations for defining American national security as well as identifying the dangers presented by regional conflicts and instability. Among the domestic threat are the cradle-tograve cycle of poverty, a crumbling national infrastructure, a failure to invest in productive capacity, a failing educational system, and various threats to the environment. Adjustment techniques need to both provide for post-Cold War national security and facilitate a smooth transition of resources once used for fighting the Cold War to other pressing national concerns with out causing an extended period of hardship to those once dependent on defense

OUT OF THE COLD: A CONCEPTUAL PLAN FOR ADJUSTMENT TO A POST COLD WAR SOCIETY