"Masterful . . . [A] painstakingly researched, astonishingly erudite study…Tooze has added his name to the roll call of top-class scholars of Nazism." —Financial Times An extraordinary mythology has grown up around the Third Reich that hovers over political and moral debate even today. Adam Tooze's controversial book challenges the conventional economic interpretations of that period to explore how Hitler's surprisingly prescient vision--ultimately hindered by Germany's limited resources and his own racial ideology--was to create a German super-state to dominate Europe and compete with what he saw as America's overwhelming power in a soon-to- be globalized world. The Wages of Destruction is a chilling work of originality and tremendous scholarship that set off debate in Germany and will fundamentally change the way in which history views the Second World War.

A searing and highly original analysis of the First World War and its anguished aftermath—from the prizewinning economist and author of Shutdown, Crashed and The Wages of Destruction Winner of the Los Angeles Times Book Prize - History Finalist for the Kirkus Prize - Nonfiction In the depths of the Great War, with millions dead and no imaginable end to the conflict, societies around the world began to buckle. The heart of the financial system shifted from London to New York. The infinite demands for men and matériel reached into countries far from the front. The strain of the war ravaged all economic and political assumptions, bringing unheard-of changes in the social and industrialorder. A century after the outbreak of fighting, Adam Tooze revisits this seismic moment in history, challenging the existing narrative of the war, its peace, and its aftereffects. From the day the United States enters the war in 1917 to the precipice of global financial ruin, Tooze delineates the world remade by American economic and military power. Tracing the ways in which countries came to terms with America’s centrality—including the slide into fascism—The Deluge is a chilling work of great originality that will fundamentally change how we view the legacy of World War I.

"This book’s great service is that it challenges us to consider the ways in which our institutions and systems, and the assumptions, positions and divisions that undergird them, leave us ill prepared for the next crisis."—Robert Rubin, The New York Times Book Review "Full of valuable insight and telling details, this may well be the best thing to read if you want to know what happened in 2020." --Paul Krugman, New York Review of Books Deftly weaving finance, politics, business, and the global human experience into one tight narrative, a tour-de-force account of 2020, the year that changed everything--from the acclaimed author of Crashed. The shocks of 2020 have been great and small, disrupting the world economy, international relations and the daily lives of virtually everyone on the planet. Never before has the entire world economy contracted by 20 percent in a matter of weeks nor in the historic record of modern capitalism has there been a moment in which 95 percent of the world's economies were suffering all at the same time. Across the world hundreds of millions have lost their jobs. And over it all looms the specter of pandemic, and death. Adam Tooze, whose last book was universally lauded for guiding us coherently through the chaos of the 2008 crash, now brings his bravura analytical and narrative skills to a panoramic and synthetic overview of our current crisis. By focusing on finance and business, he sets the pandemic story in a frame that casts a sobering new light on how unprepared the world was to fight the crisis, and how deep the ruptures in our way of living and doing business are. The virus has attacked the economy with as much ferocity as it has our health, and there is no vaccine arriving to address that. Tooze's special gift is to show how social organization, political interests, and economic policy interact with devastating human consequences, from your local hospital to the World Bank. He moves fluidly from the impact of currency fluctuations to the decimation of institutions--such as health-care systems, schools, and social services--in the name of efficiency. He starkly analyzes what happened when the pandemic collided with domestic politics (China's party conferences; the American elections), what the unintended consequences of the vaccine race might be, and the role climate change played in the pandemic. Finally, he proves how no unilateral declaration of 'independence" or isolation can extricate any modern country from the global web of travel, goods, services, and finance.

WINNER OF THE LOS ANGELES TIMES PRIZE FOR HISTORY FINANCIAL TIMES AND NEW STATESMAN BOOKS OF THE YEAR 2014 On the centenary of the outbreak of the First World War, Deluge is a powerful explanation of why the war's legacy continues to shape our world - from Adam Tooze, the Wolfson Prize-winning author of The Wages of Destruction In the depths of the Great War, with millions of dead and no imaginable end to the conflict, societies around the world began to buckle. As the cataclysmic battles continued, a new global order was being born. Adam Tooze's panoramic new book tells a radical, new story of the struggle for global mastery from the battles of the Western Front in 1916 to the Great Depression of the 1930s. The war shook the foundations of political and economic order across Eurasia. Empires that had lasted since the Middle Ages collapsed into ruins. New nations sprang up. Strikes, street-fighting and revolution convulsed much of the world. And beneath the surface turmoil, the war set in motion a deeper and more lasting shift, a transformation that continues to shape the present day: 1916 was the year when world affairs began to revolve around the United States. America was both a uniquely powerful global force: a force that was forward-looking, the focus of hope, money and ideas, and at the same time elusive, unpredictable and in fundamental respects unwilling to confront these unwished for responsibilities. Tooze shows how the fate of effectively the whole of civilization - the British Empire, the future of peace in Europe, the survival of the Weimar Republic, both the Russian and Chinese revolutions and stability in the Pacific - now came to revolve around this new power's fraught relationship with a shockingly changed world. The Deluge is both a brilliantly illuminating exploration of the past and an essential history for the present.

Tooze provides an interpretation of the dramatic period of statistical innovation between 1900 and the end of World War II. At the turn of the century, virtually none of the economic statistics that we take for granted today were available. By 1944, the entire repertoire of modern economic statistics was being put to work in wartime economic management. As this book reveals, the Weimar Republic and the Third Reich were in the forefront of statistical innovation in the interwar decades. New ways of measuring the economy were inspired both by contemporary developments in macroeconomic theory and the needs of government. The Weimar Republic invested heavily in macroeconomic research. Under the Nazi regime, these statistical tools were to provide the basis for a radical experiment in economic planning. Based on the German example, this book presents the case for a more wide-ranging reconsideration of the history of modern economic knowledge.

Some years—1789, 1929, 1989—change the world suddenly. Or do they? In 2020, a pandemic converged with an economic collapse, inequalities exploded, and institutions weakened. Yet these crises sprang not from new risks but from known dangers. The world—like many patients—met 2020 with a host of preexisting conditions, which together tilted the odds toward disaster. Perhaps 2020 wasn’t the year the world changed; perhaps it was simply the moment the world finally understood its deadly diagnosis. In The Long Year, some of the world’s most incisive thinkers excavate 2020’s buried crises, revealing how they must be confronted in order to achieve a more equal future. Keeanga-Yamahtta Taylor calls for the defunding of police and the refunding of communities; Keisha Blain demonstrates why the battle against racism must be global; and Adam Tooze reveals that COVID-19 hit hardest where inequality was already greatest and welfare states weakest. Yarimar Bonilla, Xiaowei Wang, Simon Balto, Marcia Chatelain, Gautam Bhan, Ananya Roy, and others offer insights from the factory farms of China to the elite resorts of France, the meatpacking plants of the Midwest to the overcrowded hospitals of India. The definitive guide to these ongoing catastrophes, The Long Year shows that only by exposing the roots and ramifications of 2020 can another such breakdown be prevented. It is made possible through institutional partnerships with Public Books and the Social Science Research Council.

Adam Tooze erzählt in seinem atemberaubenden Buch die Geschichte der zwölf Monate vom Januar 2020 bis Januar 2021. Am Anfang gibt Xi Jinping der Weltöffentlichkeit bekannt, dass sich in China ein tödliches neues Virus ausbreitet. Am Ende zieht Joe Biden als Nachfolger von Donald Trump ins Weiße Haus ein. Dazwischen liegen die Schockwellen einer Pandemie, die keinen Kontinent, kein Land und keine Bevölkerung ungeschoren lässt. Der brillante Wirtschaftshistoriker Tooze schildert nicht nur, wie und warum Staaten und nationale Ökonomien auf jeweils eigene Weise und mit sehr unterschiedlichen Resultaten auf das Geschehen reagiert haben. Er analysiert die Pandemie auch im Kontext der anderen großen Krisen unserer Zeit, von der Finanzkrise über die Klimakrise bis zur Flüchtlingskrise. Welt im Lockdown ist eine tiefenscharfe Diagnose der Gegenwart und ein Buch, aus dem man lernen kann, wie die globalisierte Welt funktioniert, in der wir heute leben.

La Gran Guerra de 1914-1918 transformó por completo el mundo en que vivimos, arruinando la estabilidad que los grandes imperios de Eurasia habían mantenido desde la Edad Media. Adam Tooze ha emprendido en este libro la ambiciosa tarea de analizar estas transformaciones, en un recorrido que parte de los campos de batalla y nos lleva hasta la Gran Depresión de los años treinta. Los primeros culpables de que se perdiera esta oportunidad de asentar una paz duradera fueron los Estados Unidos, que habiendo alcanzado un grado de poder nunca conocido en la historia, fueron responsables de que se firmara una «paz sin victoria», y se desentendieron después de sus consecuencias. Pero no fueron los únicos; Tooze integra en su relato las revoluciones de Rusia y de China, la desastrosa política de Francia y Gran Bretaña o el desmoronamiento de la Alemania de Weimar en un libro que, en opinión de Max Hastings, lo acredita como «un formidable cronista de una época crucial de nuestra historia».