Find out more about The Commanding Heights by Daniel Yergin, Joseph Stanislaw at Simon & Schuster. Read book reviews & excerpts, watch author videos. Daniel Yergin’s and Joseph Stanislaw’s The Commanding Heights Yergin is the Pulitzer-prize winning author of The Prize, the tale of the. Daniel Yergin, Joseph Stanislaw. The Commanding Heights: The Battle Between Government and the Marketplaces That Is Remaking the Modern World.
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Goodreads helps you keep track of books you want to read. Want to Read saving…. Want to Read Currently Reading Read. Refresh and try again. Open Preview See commaning Problem? Thanks for telling us about the problem. Return to Book Page. The Pulitzer Prize-winning author of The Prize joins a leading expert on the global economy to present an incisive narrative of the risks and opportunities that are emerging as the balance of power shifts around the world between governments and markets — and the battle over globalization comes front and center.
A brilliant narrative history, The Commanding Heights is abou The Pulitzer Prize-winning author of The Prize joins a leading expert on the global economy to present an incisive narrative of the risks and opportunities that are emerging as the balance of power shifts around the world between governments and markets — and the battle over commandinf comes front and center.
A brilliant narrative history, The Commanding Heights is about the most powerful economic forces at work in the world today, and about the people and the ideas that are shaping the future.
Across the globe, it has become increasingly accepted dogma that economic activities should be dominated by market forces, not political concerns. With chapters on Europe, the US, Britain, the Third World, the Arab States, Asia, China, India, Latin America, and the former communist countries, Yergin and Stanislaw provide an incisive overview of the state of the economy, and of the battles between governments and markets in each region.
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Now updated throughout and with two new chapters, The Commanding Heights explains a revolution which is unfolding before our very eyes. Paperbackpages. Published December 1st by Free Press first published To see what your friends thought of this book, please sign up.
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Be the first to ask a question about The Commanding Heights. Lists with This Book. This is really well done but It’s way more entertaining. May 14, Szplug rated it liked it. The Anti-Shock Doctrine —Yergin runs through many of the same market-transition scenarios that Klein examined in her more recent book, concluding that this trend has been, overall, a very positive and necessary thing.
A brief assessment of the Liberal Consensus developed subsequent to the Second World War and carried forward into the late seventies—when a mixture of centralized government economic management, high commodity read oil prices, rampant inflation, persistent unemployment, and runawa The Anti-Shock Doctrine —Yergin runs through many of the same market-transition scenarios that Klein examined in her more recent book, concluding that this trend has been, overall, a very positive and necessary thing.
A brief assessment of the Liberal Consensus developed subsequent to the Second World War and carried forward into the late seventies—when a mixture of centralized government economic management, high commodity read oil prices, rampant inflation, persistent unemployment, and runaway union confrontations and shutdowns had rendered the world one vast puddle of stagnant economic water—sets the stage for the main event: Yergin—a clear but sere writer—brings out the analytic lens to such additional locales as Bolivia, India, Poland, and, in the most fascinating case, that of China’s unique evolution towards a Communist-Capitalist hybrid, a development directed by the patient hand of a perseverant Deng Xiaoping.
Yergin is intellectually honest enough not to elide the inevitable problems and hiccups that accompanied this radical transformation—though he treats of them comparatively briefly—and his enthusiasm eventually proves contagious for this reader, at any rate. It is likely that if you read both Yergin’s and Klein’s better written and equally convincing opposing viewpoints, your understanding of the turn towards Free Market Globalism over the past three decades will be that much sounder.
Oct 06, Peter Mcloughlin rated it liked it Shelves: One of these markets rule, end of history, and “globalization is the bomb” books of the s. Didn’t have a long shelf life. View all 3 comments.
May 21, Lobstergirl rated it liked it Recommended to Lobstergirl by: Geightsa year after putting the Commanving Economic Policy in place, Lenin defended letting some small market activity proliferate, declaring that the state would still control the “commanding heights” of the economy. The authors of this book show how the opposite is true today writing between and In the battle between governments and markets, markets have won, all over the world. All of this is to society’s benefit, they say.
The chapters on economic developments in Asia, Height America, and India were very informative, and well done. The discussion of Thatcher’s Britain fell somewhat flat.
Only two of the fourteen chapters concern the U. A subsection criticizing the explosion of “rights” – affirmative action, civil litigation brought by employees in the workplace, etc. The book is not just extremely one-sided, but also very top-down. It heightd odd in a book about markets and globalization that labor is so rarely mentioned. One of the largest consequences of both globalization and the ascendancy of markets is the cheapness of labor.
This fact is not mentioned at all by the authors. Nor is wealth and income equality, except for a scarce few words near the end.
The Commanding Heights
When the authors ever so briefly suggest that social safety nets are needed to help people adjust to globalization, it comes across as an afterthought, crumbs tossed. When they mention that surging numbers of unemployed and underemployed young men in developing countries create “a combustible mix of idleness, poverty, disillusionment, and a bitterness that can be a tremendous source of political and economic instability that spills over borders,” you want to inform them that this is not just happening in other places – check out America.
Luttwak see below did check out America, and he did find bitter young black men there and wrote incisively about them. For a much more balanced look at markets and governments, read Politics and Markets: For the other side of what Yergin and Stanislaw present here, check out Turbo-Capitalism: Luttwaka book which lucidly discusses the catastrophic consequences of labor being so incredibly cheap. The central question in Luttwak’s book is: Yergin and Stanislaw would sidestep the question.
The market has a Smithian “essential morality” for them. Mar 26, DoctorM rated it liked it Shelves: This should be read in tandem with Klein’s “The Shock Doctrine”, though I’m not quite sure which is the antidote to the other. The enthusiasm for the brave new free-market world seems so utterly dated now after the global meltdown of and the retreat of much of the wo This should be read in tandem with Klein’s “The Shock Doctrine”, though I’m not quite sure which is the antidote to the other.
The enthusiasm for the brave new free-market world seems so utterly dated now after the global meltdown of and the retreat of much of the world from free-market fantasies. But it’s well worth reading Yergin’s early chapters to get a sense of the economic stagnation of the late ’70s and the failures of socialist systems that made Chicago economics and Thatcherism seem fresh and hopeful and vital.
Stiglitz and Dani Rodrick’s later works or even doing a compare-and-contrast with Naomi Kleinwell Mar 10, Maxpower rated it it was ok. I bought this book after reading Yergin’s great epic saga about the oil industry The Prize, expecting it to offer the same kind of rich and insightful and entertaining history about capitalism. Alas, Yergin could not recapture the magic he created when he wrote The Prize. The Commanding Heights is uninteresting, not very insightful, and overall tough to get through.
Jan 01, Frank Stein rated it liked it.
There were a bunch of points where I felt like quitting the book. Unlike Yergin’s other book, “The Prize,” on the history of yeegin oil industry, this one can be maddeningly imprecise and repetitive. Here, he’ll commandinh pages discussing “deregulation” or “tariff reduction,” without going into a single specific. Key figures are sometimes just identified as “important reformers” instead of minister of such and heihhts, or chairman of such a commission.
It’s hard to know where all these reforms Yergin talk There were a bunch heiights points where I felt like quitting the book.
It’s hard to know where all these reforms Yergin talks about are coming from. In the end, though, it is a nice synopsis of the the monumental changes that have taken place in the world economy since the early s, and there are many fantastic stories here. For instance, I had no idea that, Vaclav Klaus, the first prime minister of the post-Communist Czech republic, was originally employed by the communist Czechoslovakian regime to read and “refute” Western economists like Friedman and Hayek, until of course he realized that these guys made a lot of sense, and then used what he learned to overturn the old system he even wrote an essay titled “The University of Chicago and I”.
Or that Yeogar Gaidar, one of Yelstin’s aides, explicitly came up with the infamous “loans-for-shares” program inwhich gave away many of the Soviet Union’s state resources for a song, in order to create a “critical mass” of wealthy Yelstin supporters who would give him cash and help him beat the communists in that years election the money the state got from the sales also went directly into Yelstin’s election campaign.
Yergin interviews Gaidar who says that he would do it again in a heartbeat to fight the communists Yergin commaanding admittedly get some great interviews for the book.
The book really yegin a wonderful global reach, from the commandint of the Salinas regime of Mexico to post-Communist Russia to Steven Breyer’s work on deregulation in the United States. As “The Economist” blurb on the back says, this is “a book that certainly needed to be written,” and despite its faults I’m glad I conmanding it. Mar 25, Clif rated it it was amazing. If you want to know how the economic world got to cmomanding it is today from the position it was in after World War II, then this is the book to read.
You need not be an economist to understand the process as the author is careful to define terms, to yergih back to the origin of concepts and to present economic schools of thought in uncluttered prose.
Yergin follows the progression of economic thinking as it developed from the “corporatist” idea of the ‘s to the free market thinking that dominates th If you want to know how the economic world got to where it is today from the position it was in after World War II, then this is the book to read. Yergin follows the progression of economic thinking as it developed from the “corporatist” idea of the ‘s to the free market thinking that dominates the world today.
Why were people so eager to try out socialist heightss What experiences formed minds wary of unfettered capitalism, even in the United States? Then, later on, why were political leaders driven to discard the government-led model of the economy that had seemed so full of promise? Why would governments willingly get out of the business of business?
Following the process of freeing the markets that began in the ‘s with Margaret Thatcher in Great Britain and was taken up by the Reagan “revolution” commsnding the United States, Yergin takes us around the world to find out how the process worked and who the people behind it were from Bolivia to Malaysia commanding many countries in between.
We all live busy lives where we can’t attend commandinv even major events, let along follow trends that progress through the years. It’s great to gain the depth of understanding that such books as this can provide. If you are at all interesting in the economy and we all should be then get The Commanding Heights. I checked it out from the library and followed my read by purchasing a copy for my bookshelf. Aug 14, Robert Jerome rated it liked it. This book is an attempt to make a political appeal sound like a neutral world history.
It portrays the last fifty years on earth as a great lesson in which human kind learned that free market capitalism is the yrrgin way to effectively manage and economy. The necessary omissions are plentiful. There is no Finland, Denmark, or Heughts.
The violently repressive dictators installed through Latin America, especially Nicaragua, are portrayed as heroes of the Chicago School. Stalin’s only fault was that This book is an attempt to make a political appeal sound like a neutral world history.