In The Soviet Union and the Construction of the Global Market. Energy and the Ascent of Finance in Cold War Europe, 1964–1971 (Cambridge University Press, 2023), Oscar Sanchez-Sibony reveals the origins of our current era in the dissolution of the institutions that governed the architecture of energy and finance during the Bretton Woods era. He shows how, in the second half of the 1960s, the Soviet Union sought to dismantle the compartmentalized nature of Bretton Woods in order to escape its material ostracism and pave a path to global finance and exchange that the United States had vetoed during the 1950s and 1960s. Through the construction of a set of pipelines that helped Europe's energy regime change from coal to oil and gas, the Soviet Union succeeded in developing market relations and a relationship with Western capital as durable as the pipelines themselves. He shows how a history of the development of capitalism needs to integrate the socialist world in bringing about the new form of capitalism that regiments our lives today.
Learn more about your ad choices. Visit megaphone.fm/adchoices
Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/world-affairs
View all episodes
By New Books Network
4.3
2323 ratings
In The Soviet Union and the Construction of the Global Market. Energy and the Ascent of Finance in Cold War Europe, 1964–1971 (Cambridge University Press, 2023), Oscar Sanchez-Sibony reveals the origins of our current era in the dissolution of the institutions that governed the architecture of energy and finance during the Bretton Woods era. He shows how, in the second half of the 1960s, the Soviet Union sought to dismantle the compartmentalized nature of Bretton Woods in order to escape its material ostracism and pave a path to global finance and exchange that the United States had vetoed during the 1950s and 1960s. Through the construction of a set of pipelines that helped Europe's energy regime change from coal to oil and gas, the Soviet Union succeeded in developing market relations and a relationship with Western capital as durable as the pipelines themselves. He shows how a history of the development of capitalism needs to integrate the socialist world in bringing about the new form of capitalism that regiments our lives today.
Learn more about your ad choices. Visit megaphone.fm/adchoices
Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/world-affairs
290 Listeners
251 Listeners
790 Listeners
112 Listeners
211 Listeners
160 Listeners
148 Listeners
46 Listeners
64 Listeners
27 Listeners
1,600 Listeners
188 Listeners
606 Listeners
165 Listeners
30 Listeners
60 Listeners
1,449 Listeners
317 Listeners
145 Listeners
713 Listeners
350 Listeners
366 Listeners
23 Listeners
347 Listeners
447 Listeners