The Global Economic System since 1945
Distributed for Reaktion Books
The Global Economic System since 1945 does not shun economic theory, but rather uses it as a tool to reassess recent world economic history. Allen describes how, starting at the end of World War Two, powerful corporations lobbied governments in an effort to reduce the perceived constraints of regulation. In the past twenty-five years these voices have grown increasingly influential, as governments worldwide adopted free-market policies, reduced economic regulation, and promoted the virtues of free-market capitalism.
The Global Economic System since 1945 presents a fresh and wide-ranging synthesis of economic history and theory that will be valuable to both scholars and curious participants in today's global economy.
"This is really one for the dedicated economist. Allen attempts to provide new interpretations of world economic history. He follows the forces of capitalism since the Second World War and shows how the voice of the powerful conporations have become increasingly influential in promoting the free market."