The Commanding Heights
IN THIS SUMMARY
Today, Asia’s currencies are collapsing and its stock markets crumbling. Yet, despite this current evidence of the vagaries of market economics, the entire world seems to be embracing its policies. Why? What historic forces have prompted societies worldwide to reject government control of the dominant businesses and industries of the world economy? The Commanding Heights answers that question in riveting detail. It is a sweeping global history that captures this revolution in economic theory with an in-depth analysis of the relationships between business and politics of the world’s major markets since the end of World War II. Offering powerful insights into each region’s economic trends, the authors reveal the personalities, decisions, and events that have led, worldwide, to less government control, more entrepreneurial ownership, and the growth of the private sector.