Global Capitalism
Global Capitalism by Jeffry A Frieden, published by National Geographic Books on July 21, 2020, is a comprehensive exploration of the history of modern capitalism. This reissue spans 576 pages and is presented in English. The book delves into the evolution of international trade, highlighting the unprecedented levels of openness among the world’s economies in 1900 and the subsequent collapse of this system in 1914.
Readers will find an insightful examination of globalization as a choice shaped by policy decisions and political contexts. Frieden’s narrative covers significant historical periods, including the golden age of globalization, the crises from 1914 to 1945, and the Cold War divisions, ultimately leading to a renewed focus on global integration at the century’s end. The work is rich in character and event, providing a detailed account of economic history and the dynamics of free enterprise and capitalism.
Official synopsis Publisher
“Magisterial history…one of the most comprehensive histories of modern capitalism yet written.” —Michael Hirsh, New York Times Book Review
In 1900 international trade reached unprecedented levels and the world’s economies were more open to one another than ever before. Then as now, many people considered globalization to be inevitable and irreversible. Yet the entire edifice collapsed in a few months in 1914.
Globalization is a choice, not a fact. It is a result of policy decisions and the politics that shape them. Jeffry A. Frieden’s insightful history explores the golden age of globalization during the early years of the century, its swift collapse in the crises of 1914-45, the divisions of the Cold War world, and the turn again toward global integration at the end of the century. His history is full of character and event, as entertaining as it is enlightening.
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