Examining the 1930s and the different reactions to the crisis, this volume offers a global comparative perspective that includes a comparison across time to give insight into the contemporary global recession. Germany, Italy, Austria and Spain with their antidemocratic, authoritarian or fascistic answers to the economic crisis are compared not only to an opposite European perspective - the Swedish example - but also to other global perspectives and their political consequences in Japan, China, India, Turkey, Brazil and the United States. The book offers no recipe for economic, social or political action in today's recession, but it shows a wide range of reactions in the past, some of which led to catastrophe.