When Globalization Fails: The Rise and Fall of Pax Americana
Author | : | |
Rating | : | 4.71 (835 Votes) |
Asin | : | 0374229635 |
Format Type | : | paperback |
Number of Pages | : | 320 Pages |
Publish Date | : | 2013-12-14 |
Language | : | English |
DESCRIPTION:
. He lives in England. James Macdonald is a former investment banker and the author of A Free Nation Deep in Debt: The Financial Roots of Democracy (FSG, 2003)
An analysis of peace,war and international trade over the past 200 years. In When Civilization Fails British author and former investment banker James Macdonald comments on what he calls the “Rise and fall of Pax Americana.” He argues that in a multipolar world militarism grows out of globalization itself. Macdonald looks at war, peace and trade over the last two centuries and much of the book is devoted to this history. He states that the 19th century was one of largely free trade and dominance by Pax Britannica. That situation changed with WWI and the first half of the 20th century was marked by two major world wars. WWI failed to solve the economic problems Europe was facing and the world tur. Want to know why and what. Read this. Thomas Smith If you want to know just how recent history (last 100 years or so) has evolved and would like an idea what to expect in the near future, read this book. It gives very clear and insightful explanations of the dynamics at work in our world. I consider it a must read by almost everyone regardless of focus or occupation.. A compelling combination of economic and military history Glenn J. This is a remarkable book. It is more than the story of globalization and Pax Americana -- it is also a very sturdy economic and military history of the last two centuries. Macdonald's treatment of his subject is at once comprehensive and concise, and always compelling. He offers more insights per chapter than many authors manage per book.
“Highly readable and informative Macdonald's history of the past two centuries gives us an insightful view of the past and provides a helpful guide to what the future might hold for the forces of geopolitics, which, as the author elucidates, are always at work.” John Steele Gordon, The Wall Street Journal“Macdonald squeezes a lot into a book of some 250 pages. He traces, from the 1820s to the present, the pendulum swings between open economies at one end and closed, protected ones at the other. Whether this new state of affairs bodes well or ill for the rest of us is the big question. To answer, Macdonald looks to the history of the 20th century for guidance.” Robert Collison, Toronto Star“Macdonald returns with a two-century history, noting how, continually, events and violence have shattered the notion
Seeking the safety of economic self-sufficiency, nations turned first to protectionism and then to territorial expansion in the 1930sleading again to devastating conflict. Following the Second World War, the globalists tried once more. In Macdonald's telling, the First World War's naval blockades were as important as its trenches, and the Second World War can be understood as an inevitable struggle for vital raw materials in a world that had rejected free trade. It makes nations wealthier, but also more vulnerable. And while economic interdependence pushes toward cooperation, the resulting sense of economic insecurity pulls in the opposite directiontoward repeated conflict. IS GLOBALIZATION AN UNINTENDED RECIPE FOR WAR? Taking thi