Wealth and Poverty: An Economic History of the Twentieth Century

256 pp. The world in which an empire could be gained or lost on a battlefield has long since passed into one where power means production and where empires grow out of industry and commerce. From the collapse of once-mighty Britain, with its closed factories and lost colonies, to the rise of Japan out of the destruction of war, it is economic developments, to an unprecedented extent, that have shaped the history of our century.