The Commanding Heights
The Battle for the World Economy
Summary:
The book chronicles the shift from state-controlled economies to market-driven ones since the end of World War II, exploring the economic policies, political changes, and key figures that have shaped this transformation globally. It delves into the ideological struggle between government intervention and free markets, detailing the impact of these economic trends on societies and the global economy.
Key points:
1. Shift to Market Economies: "The Commanding Heights" details the late 20th-century trend of countries moving from state-run to market-driven economies. This involved privatization, deregulation, and adopting free-market principles due to the inefficiency of planned economies.
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