As the 20th century drew to its close, and our new century began, the battle over the world economy intensified. Some people feared globalization and questioned the benefits.
The year is Worldwide war results, exhausting the resources of the great powers and convincing many that the economic system itself is to blame. From the ashes of the catastrophe, an intellectual and political struggle ignites between the powers of government and the forces of the marketplace, each determined to reinvent the world's economic order.
Two individuals emerge whose ideas, shaped by very different experiences, will inform this debate and carry it forward.
One is a brilliant, unconventional Englishman named John Maynard Keynes. But a worldwide depression holds the capitalist nations in its grip. In opposition to both Keynes and Hayek stand not only Hitler's Third Reich but Stalin's Soviet Union, schooled in the communist ideologies of Marx and Lenin and bent on obliterating the capitalist system altogether.
For more than half a century the battle of ideas will rage. From the totalitarian socialist systems to the fascist states, from the independent nations of the developing world to the mixed economies of Europe and the regulated capitalism of the United States, government planning will gradually take over the commanding heights.
But in the s, with Keynesian theory at its height and communism fully entrenched, economic stagnation sets in on all sides. When a British grocer's daughter and a former Hollywood actor become heads of state, they join forces around the ideas of Hayek, and new political and economic policies begin to transform the world.
As the s begin and the Cold War grinds on, the existing world order appears firmly in place. Yet beneath the surface powerful currents are carving away at the economic foundations. Western democracies still struggle with deficits and inflation, while communism hides the failure of its command economy behind a facade of military might.
In Latin America populist dictators strive to thwart foreign economic exploitation, piling up debt and igniting hyperinflation in the process. In India and Africa bureaucracies established to end poverty through scientific planning spawn black markets and corruption and stifle enterprise.
Worldwide, the strategies of government planning are failing to produce their intended results. From Bolivia and Peru to Poland and Russia, the free-market policies of Thatcher and Reagan are looked to as a possible blueprint for escape. One by one, economies in crisis adopt "shock therapy" -- a rapid conversion to free-market capitalism.
As the command economies totter and collapse, privatization transfers economic power back into entrepreneurial hands, and whole societies go through wrenching change. For some the demands and opportunities of the market provide a longed for liberation.
Others, lacking the means to adapt, see their security and livelihood swept away. In this new capitalist revolution enlightened enterprise and cynical exploitation thrive alike.The Commanding Heights Storyline provides a complete netcast of the six-hour television program as originally broadcast -- in three two-hour episodes.
The episodes are subdivided into chapters. NARRATOR: One by one the Thatcher government put the commanding heights of the British economy up for sale: electricity, telephones, oil, gas, coal, steel, trains, and planes -- even water.
San Juan Heights. Without question, San Juan Hill is the pivotal feature of American involvement in the Santiago Campaign.
As soon as American forces landed and began moving west, the "San Juan Heights," on Santiago's eastern edge, became the major strategic element of both the Spanish defense of Santiago and the American offensive aimed at dislodging the Spanish fleet.
The Commanding Heights: The Battle for the World Economy is a book by Daniel Yergin and Joseph Stanislaw first published as The Commanding Heights: The Battle Between Government and the Marketplace That Is Remaking the Modern World in In , it was adapted as a documentary of the same title and later released on DVD..
The Commanding Heights attempts to trace the rise of free .
Satans World-System, Past, Present and Future: Part 4 of the Satanic Rebellion: Background to the Tribulation. A biblical analysis of the devil's method's and tactics in the administration of his present worldly kingdom, including the status of believers as Strangers in the Devil's Realm and Sojourners in the devil' world, The vanity of life apart from Christ, The hostility of the world to.
Lenin's successor would tighten the Communist Party's iron grip on the commanding heights of the economy. Joseph Stalin introduced central planning. Under him, the Communist Party planned and.