The Age of Equality : The Twentieth Century in Economic Perspective / Richard Pomfret.
2011
HC54 .P638 2011eb
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Title
The Age of Equality : The Twentieth Century in Economic Perspective / Richard Pomfret.
Author
ISBN
9780674063303
Published
Cambridge, MA : : Harvard University Press, [2011]
Copyright
©2011
Language
English
Language Note
In English.
Description
1 online resource (296 p.) : 2 maps, 3 graphs, 15 tables
Item Number
10.4159/harvard.9780674063303 doi
Call Number
HC54 .P638 2011eb
Dewey Decimal Classification
330.9/04
Summary
In 1900 the global average life expectancy at birth was thirty-one years. By 2000 it was sixty-six. Yet, alongside unprecedented improvements in longevity and material well-being, the twentieth century also saw the rise of fascism and communism and a second world war followed by a cold war. This book tells the story of the battles between economic systems that defined the last century and created today's world.The nineteenth century was a period of rapid economic growth characterized by relatively open markets and more personal liberty, but it also brought great inequality within and between nations. The following century offered sharp challenges to free-wheeling capitalism from both communism and fascism, whose competing visions of planned economic development attracted millions of people buffeted by the economic storms of the 1930s. The Age of Equality describes the ways in which market-oriented economies eventually overcame the threat of these visions and provided a blueprint for reform in nonmarket economies. This was achieved not through unbridled capitalism but by combining the efficiency and growth potential of markets with government policies to promote greater equality of opportunity and outcome. Following on the heels of economic reform, rapid catch-up growth in countries such as China, India, Indonesia, Brazil, and Poland helped to reduce global inequality.At a time when inequality is on the rise in nations as disparate as the United States and Egypt, Pomfret's interpretation of how governments of market economies faced the challenges of the twentieth century is both instructive and cautionary.
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Access limited to authorized users.
System Details Note
Mode of access: Internet via World Wide Web.
Digital File Characteristics
text file PDF
Source of Description
Description based on online resource; title from PDF title page (publisher's Web site, viewed 18. Sep 2023)
In
Available in Other Form
print 9780674062177
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Table of Contents
Frontmatter
Contents
Preface
Introduction
CHAPTER 1. The Age of Liberty
CHAPTER 2. War and Depression
CHAPTER 3. The Soviet Economic Model
CHAPTER 4. Multilateralism and Welfare State in the First World
CHAPTER 5. Decolonization and Cold War
CHAPTER 6. The Conservative Reaction in the West
CHAPTER 7. The Collapse of Central Planning
CHAPTER 8. The End of the Third World
CHAPTER 9. From the Age of Equality to the Age of Fraternity
Glossary and Abbreviations
Notes
References
Index
Contents
Preface
Introduction
CHAPTER 1. The Age of Liberty
CHAPTER 2. War and Depression
CHAPTER 3. The Soviet Economic Model
CHAPTER 4. Multilateralism and Welfare State in the First World
CHAPTER 5. Decolonization and Cold War
CHAPTER 6. The Conservative Reaction in the West
CHAPTER 7. The Collapse of Central Planning
CHAPTER 8. The End of the Third World
CHAPTER 9. From the Age of Equality to the Age of Fraternity
Glossary and Abbreviations
Notes
References
Index