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1 Burnside Economics- General

The Cash Nexus: Money and Power in the Modern World, 1700-2000

by

The Cash Nexus: Money and Power in the Modern World, 1700-2000 Cover

 

Synopses & Reviews

Publisher Comments:

Does money make the world go round, as Cabaret's Master of Ceremonies sang to us? In The Cash Nexus, acclaimed historian Niall Ferguson offers a radical and surprising answer-No.Conventional wisdom has long claimed that economic change is the prime mover of political change, whether in the age of industry or the Internet. In our own time Paul Kennedy has claimed that economics provided the key to international power, while Francis Fukuyama and others have argued that capitalism doomed socialism and ensured the victory of democracy. Small wonder politicians are obsessed with the economy: the Clinton campaign motto-"It's the economy stupid" -sums up a central tenet of modern life.But is it the economy? Ferguson thinks it is high time we re-examined the link-the "nexus," to use Thomas Carlyle's term-between economics and politics, in the aftermath not only of the failure of socialism but also of the apparent triumph of American-style capitalism. His central argument is that the conflicting impulses of sex, violence, and power are together more powerful than money. In particular, political events and institutions have often dominated economic development. A bold synthesis of political history and modern economic theory, Cash Nexus will transform the landscape of modern history and draw challenging and unsettling conclusions about the prospects of both capitalism and democracy.

Book News Annotation:

Ferguson (political and financial history, U. of Oxford, UK) offers an explanation of how the modern world of economics has been shaped over the past three centuries, arguing that major political events such as wars explain the evolution of our fundamental economic and political institutions.
Annotation c. Book News, Inc., Portland, OR (booknews.com)

Synopsis:

An acclaimed historian offers a radical new history of the links between politics and economics, one that draws unsettling conclusions about the future of both capitalism and democracy

Product Details

ISBN:
9780465023257
Subtitle:
Economics And Politics From The Age Of Warfare Through The Age Of Welfare, 1700-2000
Author:
Ferguson, Niall
Publisher:
Basic Books
Location:
New York
Subject:
History
Subject:
History, modern
Subject:
History & Theory
Subject:
Money
Subject:
Finance, public
Subject:
Economic History
Subject:
World politics
Subject:
Modern - General
Subject:
General History
Edition Description:
Trade Cloth
Series Volume:
12
Publication Date:
20010307
Binding:
Hardback
Language:
English
Illustrations:
Yes
Pages:
576
Dimensions:
9.25 x 6.13 in

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Related Subjects

History and Social Science » Economics » General

The Cash Nexus: Money and Power in the Modern World, 1700-2000 Used Hardcover
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Product details 576 pages Basic Books - English 9780465023257 Reviews:
"Synopsis" by ,
An acclaimed historian offers a radical new history of the links between politics and economics, one that draws unsettling conclusions about the future of both capitalism and democracy

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