NEW YORK TIMES BESTSELLER • The fast-paced inside story of America’s plunge into a volatile rivalry with the other two great nuclear powers—Xi Jinping’s China and Vladimir Putin’s Russia—from the Pulitzer Prize–winning journalist and bestselling author of The Perfect Weapon “[A] cogent, revealing account of how a generation of American officials have grappled with dangerous developments in the post-Cold War era . . . vividly captures Washington.”—The New York Times (Editors’ Choice) ONE OF NPR’S BEST BOOKS OF THE YEAR For years, the United States was confident that the newly democratic Russia and increasingly wealthy China could be lured into a Western-led order that promised prosperity and relative peace—so long as they agreed to Washington’s terms. By the time America emerged from the age of terrorism, it was clear that this had been a fantasy. Now the three powers are engaged in a high-stakes struggle for military, economic, political, and technological supremacy, with nations around the world pressured to take sides. Yet all three are discovering that they are maneuvering for influence in a far more turbulent world than they imagined. Based on a remarkable array of interviews with top officials from five presidential administrations, U.S. intelligence agencies, foreign governments, and tech companies, Sanger unfolds a riveting narrative spun around the era’s critical questions: Will the mistakes Putin made in his invasion of Ukraine prove his undoing and will he reach for his nuclear arsenal—or will the West’s famously short attention span signal Kyiv’s doom? Will Xi invade Taiwan? Will both men deepen their partnership to undercut America’s dominance? And can a politically dysfunctional America still lead the world? Taking readers from the battlefields of Ukraine—where Russia uses bullets from North Korea and drones from Iran—to the Taiwan headquarters where the world’s most advanced computer chips are produced and on to tense debates in the White House Situation Room, New Cold Wars is a remarkable first-draft history chronicling America’s return to superpower conflict, the choices that lie ahead, and what is at stake for the United States and the world.

"In this classic work of economic history and social theory, Karl Polanyi tracks the economic and social changes brought about by the "great transformation" of the Industrial Revolution. He pays particular attention to capitalism's rise and its role in fundamentally altering life after the Industrial Revolution. This seminal analysis explains not only the deficiencies of the self-regulating market, but the potentially dire social consequences of untempered market capitalism"-- Provided by publisher.

"Why do democracies keep lurching from success to failure? The current financial crisis is just the latest example of how things continue to go wrong, just when it looked like they were going right. In this wide-ranging, original, and compelling book, David Runciman tells the story of modern democracy through the history of moments of crisis, from the First World War to the economic crash of 2008. A global history with a special focus on the United States, The Confidence Trap examines how democracy survived threats ranging from the Great Depression to the Cuban missile crisis, and from Watergate to the collapse of Lehman Brothers. It also looks at the confusion and uncertainty created by unexpected victories, from the defeat of German autocracy in 1918 to the defeat of communism in 1989. Throughout, the book pays close attention to the politicians and thinkers who grappled with these crises: from Woodrow Wilson, Nehru, and Adenauer to Fukuyama and Obama.The Confidence Trap shows that democracies are good at recovering from emergencies but bad at avoiding them. The lesson democracies tend to learn from their mistakes is that they can survive them--and that no crisis is as bad as it seems. Breeding complacency rather than wisdom, crises lead to the dangerous belief that democracies can muddle through anything--a confidence trap that may lead to a crisis that is just too big to escape, if it hasn't already."--

"A vibrant, colorful, and revelatory inner history of China during a moment of profound transformation From abroad, we often see China as a caricature: a nation of pragmatic plutocrats and ruthlessly dedicated students destined to rule the global economy--or an addled Goliath, riddled with corruption and on the edge of stagnation. What we don't see is how both powerful and ordinary people are remaking their lives as their country dramatically changes. As the Beijing correspondent for The New Yorker, Evan Osnos was on the ground in China for years, witness to profound political, economic, and cultural upheaval. In Age of Ambition, he describes the greatest collision taking place in that country: the clash between the rise of the individual and the Communist Party's struggle to retain control. He asks probing questions: Why does a government with more success lifting people from poverty than any civilization in history choose to put strict restraints on freedom of expression? Why do millions of young Chinese professionals--fluent in English and devoted to Western pop culture--consider themselves "angry youth," dedicated to resisting the West's influence? How are Chinese from all strata finding meaning after two decades of the relentless pursuit of wealth? Writing with great narrative verve and a keen sense of irony, Osnos follows the moving stories of everyday people and reveals life in the new China to be a battleground between aspiration and authoritarianism, in which only one can prevail"--

In 1976, Daniel Bell€™s historical work predicted a vastly different society developing—one that will rely on the “economics of information€ rather than the “economics of goods.€ Bell argued that the new society would not displace the older one but rather overlie some of the previous layers just as the industrial society did not completely eradicate the agrarian sectors of our society. The post-industrial society€™s dimensions would include the spread of a knowledge class, the change from goods to services and the role of women. All of these would be dependent on the expansion of services in the economic sector and an increasing dependence on science as the means of innovating and organizing technological change.Bell prophetically stated in The Coming of the Post-Industrial Society that we should expect “ new premises and new powers, new constraints and new questions—with the difference that these are now on a scale that had

In a myth-busting analysis of the world's most intractable conflict, a star of Middle East reporting, "one of the most important writers" in the field ( The New York Times ), argues that only one weapon has yielded progress: force. Scattered over the territory between the Jordan River and the Mediterranean Sea lie the remnants of failed peace proposals, international summits, secret negotiations, UN resolutions, and state-building efforts. The conventional story is that these well-meaning attempts at peacemaking were repeatedly, perhaps terminally, thwarted by violence. Through a rich interweaving of reportage, historical narrative, and powerful analysis, Nathan Thrall presents a startling counter-history. He shows that force—including but not limited to violence—has impelled each side to make its largest concessions, from Palestinian acceptance of a two-state solution to Israeli territorial withdrawals. This simple fact has been neglected by the world powers, which have expended countless resources on initiatives meant to diminish friction between the parties. By quashing any hint of confrontation, promising an imminent negotiated solution, facilitating security cooperation, developing the institutions of a still unborn Palestinian state, and providing bounteous economic and military assistance, the United States and Europe have merely entrenched the conflict by lessening the incentives to end it. Thrall’s important book upends the beliefs steering these failed policies, revealing how the aversion of pain, not the promise of peace, has driven compromise for Israelis and Palestinians alike. Published as Israel's occupation of East Jerusalem, the West Bank, and Gaza reaches its fiftieth anniversary, which is also the centenary of the Balfour Declaration that first promised a Jewish national home in Palestine, The Only Language They Understand advances a bold thesis that shatters ingrained positions of both left and right and provides a new and eye-opening understanding of this most vexed of lands.

"From a Nobel Prize-winning pioneer in environmental economics, an innovative account of how and why "green thinking" could cure many of the world's most serious problems-from global warming to pandemics Solving the world's biggest problems-from climate catastrophe and pandemics to wildfires and corporate malfeasance-requires, more than anything else, coming up with new ways to manage the powerful interactions that surround us. For carbon emissions and other environmental damage, this means ensuring that those responsible pay their full costs rather than continuing to pass them along to others, including future generations. In The Spirit of Green, Nobel Prize-winning economist William Nordhaus describes a new way of green thinking that would help us overcome our biggest challenges without sacrificing economic prosperity, in large part by accounting for the spillover costs of economic collisions. In a discussion that ranges from the history of the environmental movement to the Green New Deal, Nordhaus explains how the spirit of green thinking provides a compelling and hopeful new perspective on modern life. At the heart of green thinking is a recognition that the globalized world is shaped not by isolated individuals but rather by innumerable interactions inside and outside the economy. He shows how rethinking economic efficiency, sustainability, politics, profits, taxes, individual ethics, corporate social responsibility, finance, and more would improve the effectiveness and equity of our society. And he offers specific solutions-on how to price carbon, how to pursue low-carbon technologies, how to design an efficient tax system, and how to foster international cooperation through climate clubs. The result is a groundbreaking new vision of how we can have our environment and our economy too"--

The true cost of the Iraq War is $3 trillion rather than the $50 billion projected by the White House. Apart from its tragic human toll, the Iraq War will be staggeringly expensive in financial terms. This sobering study by Nobel Prize winner Joseph E. Stiglitz and Harvard professor Linda J. Bilmes casts a spotlight on expense items that have been hidden from the U.S. taxpayer, including not only big-ticket items like replacing military equipment (being used up at six times the peacetime rate) but also the cost of caring for thousands of wounded veterans for the rest of their lives. Shifting to a global focus, the authors investigate the cost in lives and economic damage within Iraq and the region. Finally, with the chilling precision of an actuary, the authors measure what the U.S. taxpayer's money would have produced if instead it had been invested in the further growth of the U.S. economy. Written in language as simple as the details are disturbing, this book will forever change the way we think about the war.

Publisher's description: Robert Rubin was sworn in as the seventieth U.S. Secretary of the Treasury in January 1995 in a brisk ceremony attended only by his wife and a few colleagues. As soon as the ceremony was over, he began an emergency meeting with President Bill Clinton on the financial crisis in Mexico. This was not only a harbinger of things to come during what would prove to be a rocky period in the global economy; it also captured the essence of Rubin himself--short on formality, quick to get into the nitty-gritty. From his early years in the storied arbitrage department at Goldman Sachs to his current position as chairman of the executive committee of Citigroup, Robert Rubin has been a major figure at the center of the American financial system. He was a key player in the longest economic expansion in U.S. history.

"Many of the great legislative achievements of the past sixty years stem from FDR's 1944 State of the Union address. This book that argues for a new vision of FDR and of constitutional history"-- Provided by publisher.

"John Maynard Keynes (1883-1946) was arguably the most important economist of the twentieth century; his ideas have fundamentally altered the way governments approach economic policy. Exploring the enduring relevance of his ideas, Robert Skidelsky emphasizes Keynes's conception of economics as a moral science. Keynes was deeply invested in the broader societal implications of economic policies, and this book highlights his belief in economics as a tool for achieving the good life. Skidelsky sheds new light on Keynes's views on capitalism, discusses his advocacy of low interest rates, and delves into his thoughts on economic instability. He also offers fresh insight into Keynes's ideas about money, his philosophical foundations, and his unique approach to uncertainty and probability. Ultimately, Skidelsky shows how Keynes's vision of an economic policy that prioritizes the common good can be adapted to help solve our current economic and political challenges"--

This study begins with a brief survey of economic thought on the relationship between foreign trade and national power, from the Mercantilists on. Chapter II attempts a systematic theoretical approach to the subject. It first makes clear the fundamental basis of the possible use of foreign trade as an instrument of national power policy. Using well-known concepts of economic analysis, it proceeds to show under what conditions and by means of what policies this instrument is likely to attain its highest efficiency. The principles of power policy thus deduced theoretically are then compared with the actual practices followed by German trading methods in recent years. Toward the end of this chapter the reader will be carried into a detailed discussion of certain problems of the theory of international trade, which are touched upon earlier in the chapter. Chapter III is applied to the historical background of our problem. It gives a survey of the literature on "economic aggression" before and during World War I and brings out the importance of the Paris Economic Conference of the Allies in 1916 for the Versailles Treaty and postwar economic policies. In Chapter IV we review in the light of our theoretical and historical analyses certain safeguards or remedies which could be or have been proposed to prevent the use of foreign trade as an instrument of national power policies. Certain questions raised in Part 1 can be answered in quantitative terms. Part 2 consists, therefore, of an exposition of various trends of international trade in recent years disclosed by statistical analysis. In Chapter V we calculate an index number expressing the extent to which the trade of the large trading nations is or has been directed by preference toward the smaller trading countries. Chapter VI gives index numbers for the degree of concentration of their foreign trade on one or a few big markets or sources of supply. Finally, in Chapter VII we measure the extent to which world trade has been based primarily on an exchange of manufactures against raw materials and foodstuffs. This title is part of UC Press's Voices Revived program, which commemorates University of California Press’s mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1945, with an expanded edition published in 1980.

William Letwin's thorough, carefully argued, and elegantly written work is the only book length study of the Sherman Antitrust Act, a law designed to shape the economic life of a large complex society through maintaining the "correct" level of competition in the economy. This is a superb history and complete analysis of the Act, from its English and American common law antecedents to the events that led to the first revisions of the Act in the form of the Clayton Antitrust and Federal Trade Commission Acts.

The all-encompassing embrace of world capitalism at the beginning of the twenty-first century was generally attributed to the superiority of competitive markets. Globalization had appeared to be the natural outcome of this unstoppable process. But today, with global markets roiling and increasingly reliant on state intervention to stay afloat, it has become clear that markets and states aren’t straightforwardly opposing forces. In this groundbreaking work, Leo Panitch and Sam Gindin demonstrate the intimate relationship between modern capitalism and the American state, including its role as an “informal empire” promoting free trade and capital movements. Through a powerful historical survey, they show how the US has superintended the restructuring of other states in favor of competitive markets and coordinated the management of increasingly frequent financial crises. The Making of Global Capitalism , through its highly original analysis of the first great economic crisis of the twenty-first century, identifies the centrality of the social conflicts that occur within states rather than between them. These emerging fault lines hold out the possibility of new political movements transforming nation states and transcending global markets.

A celebrated historian recounts Hubert Humphrey’s role as a liberal hero of twentieth-century America Hubert Humphrey was liberalism’s most dedicated defender, and its most public and tragic sacrifice. As a young politician in 1948, he defied segregationists and forced the Democratic Party to commit itself to civil rights. As a senator in 1964, he made good on that commitment by helping pass the Civil Rights Act. But as Lyndon B. Johnson’s vice president, his support for the war in Vietnam made him a target for both Right and Left, and he suffered a shattering loss in the presidential election of 1968. Though Humphrey’s defeat was widely seen as the end of America’s era of liberal optimism, he never gave up. Even after his humiliation on the most public stage, he crafted a new vision of economic justice to counter the yawning political divisions consuming American politics. This biography reveals a deep-dyed idealist willing to compromise and even fight ugly in pursuit of a better society. Elegantly crafted and strikingly relevant to the present, True Believer celebrates Hubert Humphrey’s long struggle for justice for all.

"Cochinchine" is a vivid and penetrating account of the author's travels through French Indochina in the early 20th century. Written by the acclaimed journalist and critic Léon Werth, this work stands as a landmark of anti-colonial literature, offering a stark contrast to the romanticized depictions of the East common during the era. Werth's observations are both sharp and empathetic, providing a detailed look at the social, political, and economic realities of Southern Vietnam under colonial rule. The narrative delves into the complexities of the relationship between the French administration and the local population, highlighting the tensions and inequalities inherent in the colonial system. Through a series of sketches and reflections, Werth captures the essence of the landscape, the bustle of the cities, and the quiet dignity of the people he encounters. "Cochinchine" is not merely a travelogue but a profound social commentary that questions the ethics of imperialism and the impact of cultural displacement. This book remains a vital resource for readers interested in the history of Southeast Asia, French colonial studies, and the development of political consciousness in modern literature. This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you may see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

Leon Trotsky has become one of the twentieth century’s most enduring political legends. Joining the Bolsheviks on the eve of the 1917 revolution he played a vital role as Lenin’s right-hand man in the insurrection and went on to lead the Red Army to victory in the ensuing civil war. Having lost to Stalin the struggle for power which followed Lenin’s death, he became an implacable opponent of the dictator over the next three decades—a stance which cost him his political career, his citizenship and ultimately his life. A charismatic orator, a prolific author and a political philosopher whose ideas continue to resonate in the wake of the collapse of the Stalinist regimes of Eastern Europe, Trotsky made an indelible mark on world history. Ernest Mandel, one of the foremost leaders of the international movement which Trotsky founded before the Second World War and an influential economist and political theorist, is uniquely placed to review the life and work of Trotsky. In Trotsky as Alternative he presents a portrait of his subject which is appreciative yet critical. He shows that Trotsky’s contribution to the history of the twentieth century was primarily political rather than sociological, and this in a practical as well as a theoretical sense. He locates Trotsky’s theory of uneven and combined development as a crucial tool whose explanatory power of the mechanisms of world imperialism is as relevant to the late capitalism of the 1990s as it was to the first three decades of the century when it was formulated. Ranging across Trotsky’s struggles against Stalin’s bureaucracy, his formulation of an alternative economic strategy, his theories relating to the Third World, fascism and the national question, his extensive literary criticism, and concluding with a moving assessment of an extraordinary life, this book is a fitting testimony to a man who, in Mandel’s words, “will be judged by history as the most important strategist for the socialist movement.”

Few documents have had more of an impact on the course of history as has the Communist Manifesto. From its famous opening lines--"A specter is haunting Europe: the specter of Communism"--to its final rallying cry--"Workers of the world unite!"--the words of Marx and Engels have moved millions to join in the struggle against capitalism. But they have also inspired a legion of critics, detractors, and even a few despots to intentionally distort their meanings so as to sow confusion and justify untold horrors. According to Hal Draper, these mis-readings have, in part, been made possible by the enduring prevalence of translations from the original German that fail to accurately capture the intended meaning of certain key phrases. In this magisterial volume, Draper assembles the original German text, the first English translation, the officially authorized English translation--providing enlightening commentary throughout--as well as his own new translation of the pamphlet.

With a new introduction by the author, this is an enduring analysis of British politics, stressing the lessons to be learnt from history. By the winner of the 1993 Wolfson History Prize awarded as 'tribute to a lifetime's contribution to the study of history.'

For more than a decade the leaders of the United States, Japan, Western Europe and Canada have met annually to discuss international economic and political issues. Hanging Together analyses the history of these seven-power summits and the relations between the Western allies during these turbulent years. New chapters in this edition relate the story of Western economic diplomacy until the Reagan Years. They give lucid accounts of the revamped international economic strategy after 1984 and how the Europeans and Japanese reacted to it. A new introduction and conclusion place the summits in a theoretical framework.