Contemporary historian Ian Kershaw had to write a book on twentieh century Europe for the Penguin History of Europe-series - he decided to write two books. The first book, To Hell and Back, covers the period 1919 to 1949, while the second book, Roller-Coaster, covers the period 1950-2017 (year of publishing).
Before going into Roller-Coaster, I'd like to comment on the whole Penguin series. I have been a big fan of this series, which focuses on Europe from the time of pre-classical Greece up to 2017. Each book deals with a specific era and is written by a different author. The problem with this is the huge imbalance it creates. Some authors are, frankly, better writers, than others, which means that some books are simply better than others. Also, each author is a historian, bringing his own attitude and convictions to the book, which means, in effect, that each part of the story is written from a different angle. Lastly, the timespan covered in each book differs tremendously, meaning that some historical periods are glossed over while other periods are covered in-depth.
As to this last point, I am aware of the scarcity of evidence-problem for the historian - in general, the further we go back in time, the more scarce our historical resources become, the less we can write about the period. But this problem simply doesn't cover the whole ground of imbalances inherent in the Penguin-series. For example, the period from pre-classical Greece to the fall of the western Roman Empire (ca. 1000 BC - 400 AD), is described in one meagre book of about 300 pages. Consider the period 1919-2017, which is covered in two (!) books, preceding the 1000 pages mark (!).
I don't mention this to be a sour grape, but - havinbg read the whole series of books - I can make up the balance, and I have to conclude that the further, chronologically, the series progresses, the more pages are needed to cover smaller spans of time. For me, this is a big minus, especially since the historical material doesn't warrant this approach.
Anyway, back to Kershaw's book.
Kershaw has an accessible and attractive style of writing (he's gifted), and his approach to the twentieth century - covering all political, economic, social, etc. perspectives from all different European angles - deserves applause. He sketches the developments in the Western and Eastern European blocs in relation to the background of developments in the USSR and the USA.
The content of the first 2/3 book (in general, up to 2001) is extremely interesting. Me, having been born in 1988, I grew up in a globalized world in which liberal democracy was deemed to be the golden standard for individual happiness. A unipolar world in which the USA was the shining light of freedom. So, reading about Europe's post-World War past offers me gems of insight which are very helpful to put contemporary phenomena in perspective.
For example, the concept of an 'ever closer union' is a key thought in European integration movements - such as the EU, the Eurozone, etc. - and which has to be explained in terms of massive World War II-trauma. Also, the history of Eastern European countries, which had to resist terrible bureaucratic centralized oppression - and paid dearly for it - explains why countries like Poland and Hungary are so opposed to ever-increasing centralization in the EU and the Eurozone. And to understand the Brexit, one has to take into account Great Britain's god-complex as well as their perception of European integration (the term 'common market' is illustrating).
Kershaw's beautiful description of what happened to all the Soviet states after the fall of the Berlin Wall in 1989 enlightens a lot of things. In general, all over the world countries were plugged into the neoliberal deregulated free-market, which created some winners but even more losers. Some success stories - Poland, Hungary, Czech Republic, most of all Germany - are significant, but many other countries suffered a massive fall into criminal anarcho-capitalism, in which certain individuals and groups took control over vital resources, such as oil or steel, and were able to become overnight billionaires, at the expense of immense economic suffering by the masses. Putin's popularity and his attitude towards the 'West' is entirely explainable (and understandable) in light of these events.
Another insight Kershaw illustrates clearly is how certain regions developed throughout the period covered, and how seeds of later horrors were planted in post-World War II settings. Some regions, like Yugoslavia, were able to suppress these seeds for many many years, due to charismatic or despotic leaders such as Tito, whose personality cults unified their fragmented countries - albeit only superficially. For example, when Tito finally came down in 1980, the civil war that erupted in the early 1990's - and which cost the lives of over 100.000 people and created huge displacements (resembling the aftermath of both World Wars - was almost inevitable.
Kershaw not only is able to illustrate political developments, but he is also a magnificent story-teller about the underlying economic and social structures, which were in many respects more determining and important in driving changes. For example, the de facto bankruptcy of communist economic planning ensured that the first leader who started reforming - Gorbachev in this case - would usher in the end of the biggest political experiment humanity has ever experienced. When Gorbachev decided that perestroika was the way to go, the fate of all the Soviet states, including Russia, was effectively sealed.
Behind these events, in the background, were developing economic ideas. After World War II - which whiped out much and enable Europe, with the help of US Marshall Aid - to start from scratch - a conservative consensus allowed the continent to recover. Government, companies and people realized that they had to work together to rebuild their nations, which meant in effect that social democratic ideals - access to housing, education and health care, higher wages, etc. - were put into practice. This Keynesian world was a world of boom and prosperity, which was partly fuelled by new technology, but also partly by fear of World War II. It was only after 1973 that this 'golden age' was done away with, mostly due to stagnating productivity and huge inflation ('stagflation').
These problems could only be tackled within a new economic framework, which focused on liberalizing and deregulating all products and services, including government services, and cutting government expenditures, including social welfare and healthcare. This neoliberal age saw the de-coupling of currencies from the gold standard and the dollar, severe austerity measures to cut government debts and the boom of deregulated financial markets (enabled by new information and communication technologies).
This dominant neoliberal framework spread all across the globe and forced post-communist countries to plunge into huge shortages, unemployment and massive social and economic suffering - euphemistically labeled 'shock therapy' - which they only left behind them after a decade of problems. This framework is also the main explanation for the financial crisis in 2008, that plunged economies into serious problems. It is ironic that the same framework that caused to problem was used to solve the problem (austerity, quantitive easing, etc.).
These are some of the main developments that chracterize the era 1950-2017. Of course, there's more to be said (the islamic threat, the rise of populism, etc.), but it is impossible to do justice to such a huge work (600+ pages), so I rather leave it at that.
It's an incredibly interesting book and Kershaw is a truly gifted writer, yet I found the last 1/3 of the book (dealing with post-9/11 Europe) to be a bit tiresome. This period is too fresh in our memories to offer an interesting story in such a book. Also, the more we approach here and now, the more ideology and interpretation becomes involved. For example, Kershaw fulminates against populism (populist-nationalism), which characterizes much of contemporary European politics and led to Trump, Brexit, European populist parties, etc. I don't agree with him on that - populism is a reaction to growing income and wealth inequalities in the West due to policies of globalization, neoliberalism and unchecked democracy. Not seeing this, hinders one's understanding of the situation - you can't understand Trump or Brexit without understanding the consequences of neoliberalism post-1973.
What people like Trump and Farage offer might not be likeable to academics nor be solutions to the problem, yet one has to acknowledge that all the mainstream media and parties offer now solution either, while refusing to agree on the obvious analysis. People inherently feel this misleading of the people - parties that used to exist for protecting the worker have now adopted a neoliberal framework in which they look for solutions to problems. Trump and Brexit offer people the only available tangible alternatives to the current status quo by which they are injured. Former left- and rightwing parties have become mainstream technocrats, trying to look for solutions within the current system. But more and more people feel like we need a new system to begin with - which damages the interests of the mainstream parties and media, etc. I find it extremely frustrating that academics and intellectuals refuse to face these facts; the cognitive dissonance might be too much for people who grew up within the system and who have been conditioned to look at the current system as intrinsically 'good'.
A second issue is Kershaw's own ideological stance when it comes to economics: it is easy to read he rejects neoliberalism (especially Thatcher), while accepting that Keynes offers no solution (anymore) either. Even though I agree with him, I don't like to read politics in a book on history - also neoliberalism was a natural product of economic developments in the period 1950-1973. By now it has become more a hindrance to progress, but it will itself be the fountain of a new economic development.
In short: it's a good book, highly recommendable and readable, yet the timespan (1950-2017) is a bit too limited to justify a book of 600+ pages. The last two chapters (100 pages) could have been left out, as well as Kershaw's personal views - besides this: I have nothing to complain!
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EDIT: I have found a sort of appendix to his book, written in 2018, in which he reviews the big recent trends and tries to sketch some (very borad) future outlines for Europe. In this afterword, Kershaw does acknowledge the gradual destruction of the social contract through neoliberalism; the continuing individualization & automation and the toll both take on the social sides of our societies; the problems with the shift to a multipolar world, especially with relation to the fragmentary nature of Europe itself; and the bibbest future threats to European safety and prosperity.
In short: this afterwords shows me that Kershaw does get the points I mentioned above, and that I was much too hasty to condemn him as someone that doesn't see the problems for what they are. And with this, I raise my review of this book with one star - I'm even more impressed by Kershaw's witty analysis and his sharp remarks!