The Economic Government of the World

Description

An epic history of the people and institutions that have built the global economy since the Great Depression.In this vivid landmark history, the distinguished economic historian Martin Daunton pulls back the curtain on the institutions and individuals who have created and managed the global economy over the last ninety years, revealing how and why one economic order breaks down and another is built. During the Great Depression, trade and currency warfare led to the rise of economic nationalism—a retreat from globalization that culminated in war. From the Second World War came a new, liberal economic order. Squarely reflecting the interests of the West in the Cold War, liberalism faced collapse in the 1970s and was succeeded by neoliberalism, financialization, and hyper-globalization.Now, as leading nations are tackling the fallout from COVID-19 and threats of inflation, food insecurity, and climate change, Daunton calls for a return to a more just and...