Global Capitalism has ratings and 29 reviews. Szplug said: As dry as the Global Capitalism: Its Fall and Rise in the Twentieth Century Jeffry A. Frieden. Review: Jeffry A. Frieden, Global Capitalism: Its Fall and Rise in the Twentieth Century, Norton: New York, ; pp.; , $ (hbk). GLOBAL CAPITALISM. Its Fall and Rise in the. Twentieth Century. By Jeffry A. Frieden. pp. W. W. Norton & Company. $
|Published (Last):||20 June 2010|
|PDF File Size:||19.58 Mb|
|ePub File Size:||6.86 Mb|
|Price:||Free* [*Free Regsitration Required]|
Goodreads helps you keep track of books you want to read.
Find in a library : Global capitalism : its fall and rise in the twentieth century
It is a result of policy decisions and the politics that shape In international trade reached unprecedented levels and the world’s economies were more open to one another than ever before.
This early period witnessed a massive expansion of international trade with impressive beginnings for the economies of several South American nations, regular boom-and-bust cycles prior to the steadying two decades of growth fromand a majority of the trading nations agreeing to the gold standard. Thus, we have another cyclical movement in capitalism, the competing interests and systems of the international and national formulations. Books by Jeffry A. The Depression reduced trade and economic growth directly, thus discouraging investment, and in addition goverments often took protectionist measures or instituted controls on foreign investment which further reduced investment.
It was a rather large book, thick with small print; and, although I got the capitalims from t he library I was truly not looking forward to reading it. Open Preview See a Problem? The datasets are globsl available as weekly exports. Neither triumphant nor pessimistic at the end, the author simply points out that globalization has been a mixed bag for the world—though his own evaluation portrays its benefits outweighing its burdens—and one with no guarantees of continuation beyond the immediate future.
Then as now, many people considered globalization to be inevitable and irreversible. Frieden teaches at Harvard University.
Global Capitalism: Its Fall and Rise in the Twentieth Century
Still good, though a bit shallow when it comes capitalis more recent years, and much more a history of the global economy in the West than in the world as a whole. The blurbs on the back of the book would focus on the ‘global’ in the title, and try to convince you that this is a book about globalisation.
Was meffry for me to read – not something I would have finished out of personal interest The former works best with stable currencies and low-barriers to the movement of capital, material, and labor; the latter functions best in an environment where industries are protected from cheaper imports and financial markets are stable.
But not ‘no’ the way a Chomsky or Zinn would argue, somewhat knee-jerkly. Recommended to Kristin by: The postwar boom of the twenties was superficially impressive, but its entirety was erected upon an unstable edifice glogal United States capital and a patched together postwar gold standard; when the markets went belly-up inefforts to support the gold dollar savaged internal industries and ballooned unemployment while the last remaining traces of bank lending disappeared.
Other nations such as Malaysia, Thailand, Indonesia, and Vietnam have also had good economic growth. Between and there was a period of greatly reduced international investment, due originally to the First World War and then to the Depression and Second World War.
As the working and middle classes grew, so did their demands for social reforms to improve the lot of the unemployed, the poor, children, and the elderly. The great alternatives to economic integration failed.
Instead of delving deeper into Latin America in the late 19th century, or giving a more in depth and broad account of how the crash in affected all areas aside from just the developed core countries, we’re treated to a series of lengthy and superfluous digressions about the characters of individual economists.
Crisis and change — Globalizers victorious — Countries catch up — Countries fall behind — Global capitalism troubled. He is the author of Global Capitalism: Blame for the depression was laid at the feet of international finance, and the turn towards isolationism and walled-off trading blocs became the new norm. Mar 03, Marta rated it really liked it. Aug 26, Andrew Feist rated it liked it.
Norton Company first published It’s not a novel, but it’s also not a textbook, and it’s generally jargon free. May 11, Josh rated it did not like it. Basically what feieden expect from a liberal finance prof. Good lord this book was tedious. It is a result of policy decisions and the politics that shape them.
You read it like a good novel, even though it is an academic book. To see what your friends thought of this book, please sign up.
It was on the suggested reading list of the World History course I am taking through coursera. Oct 26, Thomas rated it did not like it. Its also overwhelmingly focused on wedtern europe and usa. Attempts to maintain global capitalism without friexen those ill treated by world markets drove societies toward polarization and conflict.
Thanks for telling us about the problem. Of course there were differences. The crux of the underpinnings of capitalism is that it is both cyclical and leveling in its commercial aspect while being evolutionarily dynamic in its effect upon societal and cultural norms.
Despite these limitations, in general the years between and was a time of generally strong economic growth. Great political-economic history of the twentieth century. However – there is little that is new and the stories and arguments are repeated capitzlism and over again – combined with the frequent escapades into marginal topics.