The Great Crash | Selwyn Parker

The Great Crash: How the Stock Market Crash of 1929 Plunged the World into Depression

Extended Synopsis

In The Great Crash: How the Stock Market Crash of 1929 Plunged the World into Depression, Selwyn Parker delivers a sweeping narrative of the financial cataclysm that originated on Wall Street. The book meticulously traces how an unprecedented market collapse set in motion a devastating series of economic, political, and social events, reshaping the lives of millions across America, Britain, Europe, and Australia.

Moving far beyond the initial panic on the trading floor, Parker illustrates how the crash rolled across the globe like a tidal wave. He examines its profound secondary effects, from the toppling of established governments and the acceleration of dictatorships in Italy and Germany to the crippling of entire industries that left millions in poverty. Concluding with a sobering analysis of whether such a global financial disaster could happen again, this insightful work stands as both a detailed historical account and a modern cautionary tale.

Key Features

• Global Scope: Expands the narrative of the 1929 crash beyond the United States to explore its devastating international ripple effects.
• Geopolitical Context: Analyzes how mass unemployment and economic despair fueled the rise of totalitarian regimes in 20th-century Europe.
• Visual Documentation: Features selected historical black-and-white archival photography that brings the era's struggles to life.

Reader Targeting

• Readers of economic history and classical finance literature.
• Students and enthusiasts of 20th-century global history and political science.
• Investors and professionals seeking historical context on market volatility and systemic financial risk.

About the Author

Selwyn Parker is an accomplished author, journalist, and researcher who specializes in financial and economic history. His work frequently explores the intersections of international markets, geopolitical shifts, and the profound human impact of global financial crises.

Bust-Down Books: Armed With Education