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“Superb . . . the best one-volume economic history of the United States in a long time and, perhaps, ever.” —Newsweek In this illuminating history, John Steele Gordon tells the extraordinary story of the world’s first economic superpower. He shows how the American economy became not only the world’s largest, but also its most dynamic and innovative. Combining its English political inheritance with its diverse, ambitious population, the nation was able to develop more wealth for more and more people as it grew. Far from a guaranteed success, America’s economy suffered near constant adversity. It survived a profound recession after the Revolution, an unwise decision by Andrew Jackson that left the country without a central bank for nearly eighty years, and the disastrous Great Depression of the 1930s. Yet, having weathered those trials, the economy became vital enough to Americanize the world in recent decades. Virtually every major development in technology in the twentieth century originated in the United States, and as the products of those technologies traveled around the globe, the result was a subtle, peaceful, and pervasive spread of American culture and perspective.
Shortlisted for the Orwell Prize for Political Writing Longlisted for the British Academy Book Prize for Global Cultural Understanding A Guardian Book of the Year 'Brilliantly arranged and rich with fresh insights' Akala 'A radical, beautifully written understanding of our history' Owen Jones 'You can't understand how Britain works today without reading it' Frankie Boyle 'A challenge to a nation living in the shadow of empire: reckon with your imperial past, or it will come back to bite you' Grace Blakeley 'This book should be part of the national curriculum' Ellie Mae O'Hagan Britain didn't just put the empire back the way it had found it. Uncommon Wealth is the little known and shocking history of how Britain treated its former non-white colonies after the end of empire. It is the story of how an interconnected group of British capitalists enabled horrific inequality across the globe, profiting in colonial Africa, Asia and the Caribbean. However, the greed unleashed in this era would boomerang, now leaving many ordinary Britons wondering where their own prosperity has gone. Ranging from Jamaica to Singapore, Ghana to Britain, this is a blistering account of how buried decisions of decades past are ravaging Britain today.
This book investigates the kinds and quantities of treasure seized by Alexander the Great, from gold and silver to land and slaves, and reassesses the widespread belief that the Macedonian king used the profits of war to improve the ancient economies he conquered. It reveals what became of the king's wealth and what Alexander's redistribution of these vast resources can tell us about his much-disputed policies and personality.
This is an ambitious, meticulous examination of how U.S. foreign policy since the 1960s has led to partial or total cover-ups of past domestic criminal acts, including, perhaps, the catastrophe of 9/11. Peter Dale Scott, whose previous books have investigated CIA involvement in southeast Asia, the drug wars, and the Kennedy assassination, here probes how the policies of presidents since Nixon have augmented the tangled bases for the 2001 terrorist attack. Scott shows how America's expansion into the world since World War II has led to momentous secret decision making at high levels. He demonstrates how these decisions by small cliques are responsive to the agendas of private wealth at the expense of the public, of the democratic state, and of civil society. He shows how, in implementing these agendas, U.S. intelligence agencies have become involved with terrorist groups they once backed and helped create, including al Qaeda.
Two leading experts on China evaluate its rise throughout the past one hundred fifty years, sharing portraits of key intellectual and political leaders to explain how China transformed from a country under foreign assault to a world giant.
The world currently faces a number of challenges that no single country can solve. Whether it is managing a crisis-prone global economy, maintaining peace and stability, or trying to do something about climate change, there are some problems that necessitate collective action on the part of states and other actors. Global governance would seem functionally necessary and normatively desirable, but it is proving increasingly difficult to provide. This accessible introduction to, and analysis of, contemporary global governance explains what it is and the obstacles to its realization. Paying particular attention to the possible decline of American influence and the rise of China and a number of other actors, Mark Beeson explains why cooperation is proving difficult, despite its obvious need and desirability. This is an essential text for undergraduate and postgraduate students studying global governance or international organizations, and is also important reading for those working on political economy, international development and globalization.
Empire of the Fund is an exposé of the way we save now with proposals to fix it. The United States has embarked upon the riskiest experiment in our financial history: to see whether millions of ordinary, untrained citizens can successfully manage trillions of dollars in a system dominated by skilled and powerful financial institutions.
This book investigates how decolonization transformed British society in the 1950s and 1960s, and examines the relationship between the postwar and the postimperial.
Decolonizing Wealth is a provocative analysis of the dysfunctional colonial dynamics at play in philanthropy and finance. Award-winning philanthropy executive Edgar Villanueva draws from the traditions from the Native way to prescribe the medicine for restoring balance and healing our divides. Though it seems counterintuitive, the philanthropic industry has evolved to mirror colonial structures and reproduces hierarchy, ultimately doing more harm than good. After 14 years in philanthropy, Edgar Villanueva has seen past the field's glamorous, altruistic façade, and into its shadows: the old boy networks, the savior complexes, and the internalized oppression among the “house slaves,” and those select few people of color who gain access. All these funders reflect and perpetuate the same underlying dynamics that divide Us from Them and the haves from have-nots. In equal measure, he denounces the reproduction of systems of oppression while also advocating for an orientation towards justice to open the floodgates for a rising tide that lifts all boats. In the third and final section, Villanueva offers radical provocations to funders and outlines his Seven Steps for Healing. With great compassion—because the Native way is to bring the oppressor into the circle of healing—Villanueva is able to both diagnose the fatal flaws in philanthropy and provide thoughtful solutions to these systemic imbalances. Decolonizing Wealth is a timely and critical book that preaches for mutually assured liberation in which we are all inter-connected.
For more than thirty years, Kevin Phillips' insight into American politics and economics has helped to make history as well as record it. His bestselling books, including The Emerging Republican Majority (1969) and The Politics of Rich and Poor (1990), have influenced presidential campaigns and changed the way America sees itself. Widely acknowledging Phillips as one of the nation's most perceptive thinkers, reviewers have called him a latter-day Nostradamus and our "modern Thomas Paine." Now, in the first major book of its kind since the 1930s, he turns his attention to the United States' history of great wealth and power, a sweeping cavalcade from the American Revolution to what he calls "the Second Gilded Age" at the turn of the twenty-first century. The Second Gilded Age has been staggering enough in its concentration of wealth to dwarf the original Gilded Age a hundred years earlier. However, the tech crash and then the horrible events of September 11, 2001, pointed out that great riches are as vulnerable as they have ever been. In Wealth and Democracy, Kevin Phillips charts the ongoing American saga of great wealth–how it has been accumulated, its shifting sources, and its ups and downs over more than two centuries. He explores how the rich and politically powerful have frequently worked together to create or perpetuate privilege, often at the expense of the national interest and usually at the expense of the middle and lower classes. With intriguing chapters on history and bold analysis of present-day America, Phillips illuminates the dangerous politics that go with excessive concentration of wealth. Profiling wealthy Americans–from Astor to Carnegie and Rockefeller to contemporary wealth holders–Phillips provides fascinating details about the peculiarly American ways of becoming and staying a multimillionaire. He exposes the subtle corruption spawned by a money culture and financial power, evident in economic philosophy, tax favoritism, and selective bailouts in the name of free enterprise, economic stimulus, and national security. Finally, Wealth and Democracy turns to the history of Britain and other leading world economic powers to examine the symptoms that signaled their declines–speculative finance, mounting international debt, record wealth, income polarization, and disgruntled politics–signs that we recognize in America at the start of the twenty-first century. In a time of national crisis, Phillips worries that the growing parallels suggest the tide may already be turning for us all.