Adam Tooze’s magnificent 2007 book, “The Wages of Destruction,” provided a thorough reevaluation of the economic life and death of Nazi Germany. It was a challenging but satisfying read. In his new work, “The Deluge,” Tooze embarks on an even bigger and more ambitious undertaking. Economics is still the focus, but the scope is global, with the narrative moving from striking metalworkers in Buenos Aires to imperial brinkmanship between Japan and China to postwar U.S.

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