International Theory

After years of ill health, capitalism is now in a critical condition. Growth has given way to stagnation; inequality is leading to instability; and confidence in the money economy has all but evaporated. In How Will Capitalism End?, the acclaimed analyst of contemporary politics and economics Wolfgang Streeck argues the world is about to change.

Scattered over the territory between the Jordan River and the Mediterranean Sea lie the remnants of failed peace proposals, international summits, secret negotiations, UN resolutions, and state-building efforts. The conventional story is that these well-meaning attempts at peacemaking were repeatedly, perhaps terminally, thwarted by violence. Through a rich interweaving of reportage, historical narrative, and powerful analysis, Nathan Thrall presents a startling counterhistory.

In the early 1990s, North America was the vibrant center of an increasingly democratic and revitalized western hemisphere. The United States and Canada were close allies working together to implement a bilateral free trade agreement and build an integrated manufacturing and export economy. By the late 2000s, the economic and diplomatic ties between the two countries were strained as policies stagnated or slipped backward and passports were needed to cross the border for the first time in history.

As World War II came to an end, General George Marshall was renowned as the architect of Allied victory. Set to retire, he instead accepted what he thought was a final mission - this time not to win a war, but to stop one. Across the Pacific, conflict between Chinese Nationalists and Communists threatened to suck in the United States and escalate into revolution. His assignment was to broker a peace, build a Chinese democracy, and prevent a Communist takeover, all while staving off World War III.

Chronicling the rise and fall of the efficient market theory and the century-long making of the modern financial industry, Justin Fox’s The Myth of the Rational Market is as much an intellectual whodunit as a cultural history of the perils and possibilities of risk. The book brings to life the people and ideas that forged modern finance and investing, from the formative days of Wall Street through the Great Depression and into the financial calamity of today.

Doing the same thing over and over and expecting different results is insanity. For decades, the U.S. State Department called it diplomacy. David Friedman was an outside candidate when President Trump appointed him U.S. ambassador to Israel. He took office to find U.S.-Israel policy stuck in stalemate. For years, accepted wisdom was that extensive experience and detailed knowledge of Middle Eastern history and culture were necessary to negotiate treaties. In truth, Friedman realized, all parties played on that accepted wisdom to stall—expecting to get a better deal further down the road.

While most historians of the Vietnam War focus on the origins of US involvement and the Americanization of the conflict, Lien-Hang T. Nguyen examines the international context in which North Vietnamese leaders pursued the war and American intervention ended. This riveting narrative takes the listener from the marshy Mekong Delta swamps to the bomb-saturated Red River Delta, from the corridors of power in Hanoi and Saigon to the Nixon White House, and from the peace negotiations in Paris to high-level meetings in Beijing and Moscow.

The United States was once the hope of the world, a beacon of freedom, and the defender of liberal democracy. Nations and peoples on all continents looked to America to stand up for the values that created the Western world, and to oppose autocracy and repression. But as Bernard-Henri Levy lays bare in this powerful and disturbing analysis of the world today, America is retreating from its traditional leadership role, and in its place have come five ambitious powers, former empires eager to assert their primacy and influence.

Kissinger on Kissinger is a series of faithfully transcribed interviews conducted by the elder statesman's longtime associate Winston Lord that captures Kissinger's thoughts on the specific challenges that he faced during his tenure as NSA, his general advice on leadership and international relations, and stunning portraits of the larger-than-life world leaders of the era. The result is a frank and well-informed overview of US foreign policy in the first half of the '70s - essential listening for anyone hoping to understand tomorrow's global challenges.

Anthony Appiah's landmark work, featured on the cover of The New York Times Magazine, challenges the separatist doctrines espoused in books like Samuel Huntington's The Clash of Civilizations. Reviving the ancient philosophy of "cosmopolitanism", a school of thought that dates to the Cynics of the fourth century BC, Appiah traces its influence on the ethical legacies of the Enlightenment, the French Revolution, and the UN's Universal Declaration of Human Rights.

It’s easy to overlook the underlying strategic forces of war, to see it solely as a series of errors, accidents, and emotions gone awry. It’s also easy to forget that war shouldn’t happen—and most of the time it doesn’t. Around the world, there are millions of hostile rivalries, yet only a tiny fraction erupt into violence. Too many accounts of conflict forget this. With a counterintuitive approach, Blattman reminds us that most rivals loathe one another in peace. That’s because war is too costly to fight.

During the 45 years of the Cold War, policymakers from the US and the Soviet Union vied for primacy in the Middle East. Their motives, long held by historians to have had an ideological thrust, were, in fact, to gain control over access to oil and claim geographic and strategic advantage. In his new audiobook, Rashid Khalidi, considered the foremost US historian of the Middle East, makes the compelling case that the dynamics that played out during the Cold War continue to exert a profound influence even decades after the collapse of the Soviet Union.

When a Serbian-backed assassin gunned down Archduke Franz Ferdinand in late June 1914, the world seemed unmoved. Even Ferdinand’s own uncle, Franz Josef I, was notably ambivalent about the death of the Hapsburg heir, saying simply, "It is God’s will." Certainly, there was nothing to suggest that the episode would lead to conflictmuch less a world war of such massive and horrific proportions that it would fundamentally reshape the course of human events.

A new understanding of the post-World War II era, showing what occurred when the British Empire wouldn't step aside for the rising American superpower - with global insights for today.

America need look no further than its own lauded leaders for a war criminal whose offenses rival those of the most heinous dictators in recent history: Henry Kissinger. Employing evidence based on firsthand testimony, unpublished documents, and new information uncovered by the Freedom of Information Act, and using only what would hold up in international courts of law, The Trial of Henry Kissinger outlines atrocities authorized by the former secretary of state in Indochina, Bangladesh, Chile, Cyprus, and more.

George Mitchell knows how to bring peace to troubled regions. He was the primary architect of the 1998 Good Friday Agreement for peace in Northern Ireland. But when he served as US special envoy for Middle East peace from 2009 to 2011 - working to end the Israeli-Palestinian conflict - diplomacy did not prevail. Now, for the first time, Mitchell offers his insider account of how the Israelis and the Palestinians have progressed (and regressed) in their negotiations through the years.

Using breakthrough reporting and interviews with long-silent sources, Gus Russo and Stephen Molton have crafted a dramatic retelling of the time before, during, and after the killing of John F. Kennedy. The book centers on the two opposed sets of brothers - the Kennedys and the Castros - who collectively authored one of modern history's most dangerous, and tragically ironic, chapters.

Covering the development of the atomic bomb during the Second World War, the origins and early course of the Cold War and the advent of the hydrogen bomb in the early 1950s, Churchill and the Bomb in War and Cold War explores a still neglected aspect of Winston Churchill's career: his relationship with and thinking on nuclear weapons.

Former CIA operative Robert Baer examines the dangers behind America's collaboration with Saudi Arabia. Nominally based on a "harmony of interests" - the Saudis sold their oil to the American government very inexpensively - what we offered in exchange has damaged our position in the Middle East and left our country vulnerable to economic and terrorist threats. Baer goes behind the scenes to show how the US willingly overlooked the corruption of the Saudi royal family, its financing of violent Islamic fundamentalist groups, and its bribery of American officials.

A landmark book that completely transforms our understanding of the crisis of liberalism, from two preeminent intellectuals. Why did the West, after winning the Cold War, lose its political balance? In the early 1990s, hopes for the eastward spread of liberal democracy were high. And yet the transformation of Eastern European countries gave rise to a bitter repudiation of liberalism itself, not only there but also back in the heartland of the West.