This remarkable book offers a closely argued and persuasive interpretation of the political economy of Europe and the U.S. from 1970 to the present, based on a much wider discussion ranging in time from the late 19th century, and touching on the history of the industrializing countries of Asia and Latin America. The interpretation of contemporary political economy offers fresh and challenging perspectives to the ongoing debate about world economic policy.
   --Duncan K. Foley, The New School for Social Research

Gérard Duménil is a director of research at the Centre National de la Recherche Scientifique, Paris.

Dominique Lévy is a director of research at the Centre National de la Recherche Scientifique, Paris.