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The global economic system is failing. Third world nations are saddled with debts they cannot pay thus threatening the world banking system. Europe is suffering from an overvalued dollar and the U.S. is fast becoming the largest debtor nation in the world. The World Economy Since The War studies global economics since 1945 from a world systems perspective. The author integrates specific research on particular aspects of the world economy into a unified, coherent discussion, demonstrating the ways in which these seemingly disparate aspects are in fact related. Brett's work points out that the global economic system is in need of major restructuring. In his carefully considered and theoretically informed work, he suggests a democratically controlled global oriented international planning mechanism to rationally and equitably distribute resources.