Global Capitalism: Its Fall and Rise in the Twentieth Century

Abstract

Into the twentieth century -- I: Last best years of the golden age, 1896-1914. Global capitalism triumphant -- Defenders of the global economy -- Success stories of the golden age -- Failures of development -- Problems of the global economy -- II: Things fall apart, 1914-1939. All that is solid melts into air... -- The world of tomorrow -- The established order collapses -- The turn to Autarky -- Building a social democracy -- III: Together again, 1939-1973. Reconstruction east and west -- The Bretton Woods system in action -- Decolonization and development -- Socialism in many countries -- The end of Bretton Woods -- IV: Globalization, 1973-2000. Crisis and change -- Globalizers victorious -- Countries catch up -- Countries fall behind -- Global capitalism troubled.

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