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Crossroads (export edition) [Paperback]

Peter Nolan
5.0 out of 5 stars  See all reviews (1 customer review)

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Book Description

15 Sep 2009
This major book provides an overview of capitalism's global rise and its consequences. The global ecology is profoundly threatened by the uncontrolled energy and material consumption that is at the heart of capitalism. Large global corporations have burst on the scene in pursuit of profits, and have become more important than nation governments. And the revolution in financial markets has produced a system that is essentially flying blind today. Humanity is at a crossroads and disaster is looming. Mechanisms are required to contain the self-created monster of unconstrained global capitalism.

Product details

  • Paperback: 400 pages
  • Publisher: Marshall Cavendish; Export Edition edition (15 Sep 2009)
  • Language: English
  • ISBN-10: 0462099725
  • ISBN-13: 978-0462099729
  • Product Dimensions: 15.7 x 23.3 cm
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (1 customer review)
  • Amazon Bestsellers Rank: 861,471 in Books (See Top 100 in Books)

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Product Description

About the Author

Peter Nolan, CBE, is an eminent professor at Jesus College, Cambridge University. He also holds the Sinyi Chair in the Judge Business School and is visiting professor at Copenhagen Business School. He is the author of China and the Global Economy (Palgrave) and advisor to government ministers and CEOs.

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2 of 2 people found the following review helpful
5.0 out of 5 stars The West, China and the Islamic World 9 Feb 2010
This book makes a seraching analysis of the world economic system and its massive failure in 2008/9. Written by one of our most distinguished academic authorities on issues of economic development, globalization and the changes in former planned economies, Peter Nolan develops a profound and disturbing analyis if what her terms "wild capitalism". He then goes on to consider the rise of China and its relationship to the West - in particular the US. As a China specialist who is involved in public policy issues both in China and the UK, he is well situated to make a nuanaced interpretation of China's current development. He is hopeful for the future of China, although he does not avoid some of the major challenges facing that country. He then discusses the West's relationship with the Islamic world, producing a devastating critique of the approach taken by the West throughout the 20th century and through the first decade of the 21st. Capitalism may have "won" the Cold War, and may appear to offer the only road to successful development, but it has also has its dark side, which was largely forgotten in the euphoria that followed the downfall of the Soviet empire. Recent events have reminded us of the ills that flow from the unregulated pursuit of wealth. Constructive engagement with the rising nations such as China is essential for stability and peace.

This is an important book both for its analysis of the world economic crisis and, perhaps more importantly for its call for a more cooperative economic system.
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