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Slouching Towards Utopia

An Economic History of the Twentieth Century
Summary:

The book provides an analysis of the global economic growth and transformations that occurred from 1870 to 2010, examining how technological advancements, political shifts, and policy decisions shaped the modern world. It explores the paradox of immense wealth generation alongside persistent inequality, reflecting on the successes and failures of the century's pursuit of a better economic future for all.

Key points:

1. Great Convergence: The gap between rich Western countries and the rest of the world shrank due to technology, trade, and better policies.

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