3 results for "Economic History"

Autocracy, Inc. The Dictators Who Want to Run the World

Anne Applebaum
From the Pulitzer-prize winning, New York Times bestselling author, an alarming account of how autocracies work together to undermine the democratic world, and how we should organize to defeat them We think we know what an autocratic state looks like: There is an all-powerful leader at the top. He controls the police. The police threaten the people with violence. There are evil collaborators, and maybe some brave dissidents. But in the 21st century, that bears little resemblance to reality. Nowadays, autocracies are underpinned not by one dictator, but by sophisticated networks composed of kleptocratic financial structures, surveillance technologies, and professional propagandists, all of which operate across multiple regimes, from China to Russia to Iran. Corrupt companies in one country do business with corrupt companies in another. The police in one country can arm and train the police in another, and propagandists share resources and themes, pounding home the same messages about the weakness of democracy and the evil of America. International condemnation and economic sanctions cannot move the autocrats. Even popular opposition movements, from Venezuela to Hong Kong to Moscow, don't stand a chance. The members of Autocracy, Inc, aren't linked by a unifying ideology, like communism, but rather a common desire for power, wealth, and impunity. In this urgent treatise, which evokes George Kennan's essay calling for "containment" of the Soviet Union, Anne Applebaum calls for the democracies to fundamentally reorient their policies to fight a new kind of threat.
Random House 2024-07-23 272 pages

Three Days at Camp David How a Secret Meeting in 1971 Transformed the Global Economy

Jeffrey E. Garten
The former dean of the Yale School of Management and Undersecretary of Commerce in the Clinton administration chronicles the 1971 August meeting at Camp David, where President Nixon unilaterally ended the last vestiges of the gold standard--breaking the link between gold and the dollar--transforming the entire global monetary system. Over the course of three days--from August 13 to 15, 1971--at a secret meeting at Camp David, President Richard Nixon and his brain trust changed the course of history. Before that weekend, all national currencies were valued to the U.S. dollar, which was convertible to gold at a fixed rate. That system, established by the Bretton Woods Agreement at the end of World War II, was the foundation of the international monetary system that helped fuel the greatest expansion of middle-class prosperity the world has ever seen. In making his decision, Nixon shocked world leaders, bankers, investors, traders and everyone involved in global finance. Jeffrey E. Garten argues that many of the roots of America's dramatic retrenchment in world affairs began with that momentous event that was an admission that America could no longer afford to uphold the global monetary system. It opened the way for massive market instability and speculation that has plagued the world economy ever since, but at the same time it made possible the gigantic expansion of trade and investment across borders which created our modern era of once unimaginable progress. Based on extensive historical research and interviews with several participants at Camp David, and informed by Garten's own insights from positions in four presidential administrations and on Wall Street, Three Days at Camp David chronicles this critical turning point, analyzes its impact on the American economy and world markets, and explores its ramifications now and for the future.
Harper 2022 464 pages

Year 501 The Conquest Continues

Noam Chomsky
Noting that the current period has much in common with the Colombian Age of Imperialism, during which Western Europe conquered most of the world, Chomsky focuses on various historical moments in this march of imperial power, up to and including the current axis where the U.S., Germany, and Japan share world economic control with the U.S. reveling in a monopoly of military might.
Black Rose Books Ltd. 1993 331 pages