Ruins to Riches

'Stokes provides a highly accessible and nuanced comparative history of the evolution of German and Japanese capitalism after World War II, highlighting the key if ambiguous role of the United States in their success.' Geoffrey Jones, author of Deeply Responsible Business. A Global History of Values-Driven Leadership 'Ray Stokes presents a marvelous synthetic history of the remarkable (and as he shows, somewhat surprising) post World War II recovery and growth of the German and Japanese economies. The book is an excellent resource for anyone wanting to understand the remarkable and enduring success of both of these highly successful political economies.' Gary Herrigel, author of Manufacturing Constructions: Creative Action and Industrial Recomposition in the US, Germany and Japan 'Ray Stokes is one of the foremost international experts on the history of German industrialization and now he has turned his historical acumen to Japan as well. The result is extraordinarily good, filled with fresh insights and fascinating details. We have needed a work like this for a long time, and Stokes has provided it with masterful style and verve.' Mark Metzler, author of Capital as Will and Imagination: Schumpeter's Guide to the Postwar Japanese Miracle 'Writing with clarity and force, Ray Stokes tells one of the most important economic stories in modern history. The economic recovery of Japan and Germany after World War II, when in a few decades they transformed from defeated nations with devastated infrastructures into economic powerhouses with the second and third largest economies in the world, remains a stunning development. This is an important book both to understand the past and think towards the future, and Stokes should be commended for writing it.' Phillips O'Brien, author of How the War Was Won: Air-Sea Power and Allied Victory in World War II