Description
The authors explore the global financial crisis that began in 1929 and continued into the 1930s in this collection of essays dealing with the era. Using a global comparative perspective, they assess the varied actions taken by several governments and the political as well as financial consequences that arose. While no prescriptions for social, economic, or political initiatives are offered, the book does offer interesting insights into today's recession. Editors are Konrad (contemporary history, U. of Graz, Austria) and Maderthaner (scientific and administrative director, Austrian Labour History Society). Annotation ©2013 Book News, Inc., Portland, OR (booknews.com)
Read More
Examining the 1930s and the different reactions to the crisis, this volume offers a global comparative perspective that includes a comparison across time to give insight into the contemporary global recession. Germany, Italy, Austria and Spain with their antidemocratic, authoritarian or fascistic answers to the economic crisis are compared not only to an opposite European perspective – the Swedish example – but also to other global perspectives and their political consequences in Japan, China, India, Turkey, Brazil and the United States. The book offers no recipe for economic, social or political action in today’s recession, but it shows a wide range of reactions in the past, some of which led to catastrophe.
Read Less