Teeple writes with sophistication and confidence, describing the creation of a Keynesian Welfare State (and it’s contradiction of social services both maintaining and competing against capitalism) along with it’s demise following the end of the nation state’s pioneering role in economic activity—since succumbed to powerful international capital. During this process of neoliberalism, global social inequities and the relentless forces of capitalism on environmental degradation are mentioned, though could be elaborated with clear and specific examples. Nevertheless, the book does well describing the farce of the mythical “free-market”. Though now outdated, it still provides a compelling snapshot of the flows of capital in the 1900s, and the dramatic consequences of globalization for us all.