Global capitalism: its fall and rise in the twentieth century

Into the twentieth century

I: Last best years of the golden age, 1896-1914. Global capitalism triumphant

Defenders of the global economy

Success stories of the golden age

Failures of development

Problems of the global economy

II: Things fall apart, 1914-1939. "All that is solid melts into air..."

The world of tomorrow

The established order collapses

The turn to Autarky

Building a social democracy

III: Together again, 1939-1973. Reconstruction east and west

The Bretton Woods system in action

Decolonization and development

Socialism in many countries

The end of Bretton Woods

IV: Globalization, 1973-2000. Crisis and change

Globalizers victorious

Countries catch up

Countries fall behind

Global capitalism troubled.