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If you take a walk through history with Jeffry A. Frieden's new book, Global Capitalism: Its Fall and Rise in the Twentieth Century, you will observe the author's attempt to draw comparisons to the economic and political policies of today and the decades leading up to the crash of 1914.
Frieden, suggests the, "Global economy and culture form a nearly seamless web in which the national boundaries are increasingly irrelevant to trade, investment, finance and other economic activity."
Frieden sites numerous examples, including the mass migration of people from rural to urban communities in search of jobs, the continued reliance and integration of international trade and commerce reaching unprecedented levels and his belief that major industrialized and emerging economies of the world are becoming more open than ever before...
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