Global Capitalism by Jeffery Frieden

College
Book Report/Review
Miscellaneous
Pages 3 (753 words)
Download 0
In the book, "Global Capitalism" by Jeffery Frieden, it is apparent that globalization has worked for many people for many centuries. For example, a cow in a European country makes more than anyone. "Jeffrey Frieden, a Harvard professor specializing in international trade and finance, has written a masterly and comprehensive history of capitalism from 1870 to the present…

Introduction

(Labor more so in the first era.) During these years huge amounts of capital moved overseas to America, Canada, and Argentina mainly due to the reduced costs of communication and transportation. The technologies driving this globalization were the telegraph and railroads. It was also facilitated by the fact that most currencies were convertible to gold. The investment in the America was also followed by a huge immigrant population. In these years, America, Canada, and Argentina had much larger immigrant populations at the turn of the 20th century than today" (Global Capitalism). Furthermore, globalization does not need to be restructured to so that economics can work better and effectively for America as well as other countries despite its flaws.
Along with that, the book points that it is easy to gather that Americans want a future that has economic prosperity that will be more abundant. This is because the American life consists of material prosperity as much as in civil liberties or political democracy is an old on as the content of the book suggests. However, since the structure of globalization does not have to be reconstructed in order to work, America is what it is supposed to be.
"What, then is the American, this new man ... ...
Download paper
Not exactly what you need?

Related papers

Capitalism and Democracy
It seems even these have already been thrown to the lap of big business, which had been able to force enactments of legislations that would further strengthen its economic and political hold over governments and citizens not to mention its rival competitors. This it does through lobbying, kickbacks and briberies. From the looks of it, governments have taken the back seat while allowing big…
Capitalism and Marxism
(Elson 1998, p. 53)…
Capitalism and Socialism
Petras (2004) says that the debate between socialism and capitalism is still pressing and he even claims that the battle of ideas has begun to intensify. Petras (2004) continues that the social indicator show that the real capitalism is considerable worse than the full employment and steady employment rates that existed during the socialist period. Another author Bala (2009) argues that critics of…
Global Capitalism by Jeffery Frieden
(Labor more so in the first era.) During these years huge amounts of capital moved overseas to America, Canada, and Argentina mainly due to the reduced costs of communication and transportation. The technologies driving this globalization were the telegraph and railroads. It was also facilitated by the fact that most currencies were convertible to gold. The investment in the America was also…
Golden Age of Capitalism
Railroads and steamships were used for land transportation of goods. This gave birth to the international market with goods being transported between countries such as America and England. The development of international commerce in manufactures on such a scale was only possible because of an increase in international flows of capital and the international provision of financial services (Milward…
Weber's and Marx Capitalism.
This so-called Protestant ethic was the primary impulse for an almost accidental massive social phenomenon that led to the emergence of capitalism. …
Global Capitalism
Basically an economic system aims to answer 3 questions i.e. what to produce, whom to produce and how to produce, in communist states these questions were tackled by the state where the government formed certain bodies for each industry and these bodies would conduct a thorough research to determine the answers to the three economic questions, this kind of an economic system ensured that every one…