Crashed

Crashed

Adam Tooze

History

From a prizewinning economic historian, an eye-opening reinterpretation of the 2008 economic crisis (and its ten-year aftermath) as a global event that directly led to the shockwaves being felt around the world today.In September 2008 President George Bush could still describe the financial crisis as an incident local to Wall Street. In fact it was a dramatic caesura of global significance that spiraled around the world, from the financial markets of the UK and Europe to the factories and dockyards of Asia, the Middle East, and Latin America, forcing a rearrangement of global governance. In the United States and Europe, it caused a fundamental reconsideration of capitalist democracy, eventually leading to the war in the Ukraine, the chaos of Greece, Brexit, and Trump. It was the greatest crisis to have struck Western societies since the end of the Cold War, but was it inevitable? And is it over? Crashed is a dramatic new narrative resting on original themes:...
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The Deluge

The Deluge

Adam Tooze

History

From our generation's foremost economic historian, a searing analysis of the First World War and its anguished aftermathIn the depths of the Great War, with millions dead and no imaginable end to the conflict, societies around the world began to buckle: The heart of the financial systemshifted from London to New York. The infinite demands for men and material reached into countries far from the front. The strain of the war ravaged all economicand political assumptions, bringing unheard-of changes in the social and industrial fabric.A century after the outbreak of fighting, Adam Tooze revisits this seismic moment in history, challenging the existing narrative of the war, its peace, and its aftereffects.From the moment the United States enters the war in 1917 to the precipice of global financial ruin, Tooze brings into new precision the world remade by American economic and military power. Tracing the ways in which countries came to terms...
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