James Harold views the current global economic crisis from a historical perspective in his book, The Creation and Destruction of Value: The Cycle of Globalization. Harold takes a detailed look at how the Great Depression compares to the current situation and the chain of events that led to everything that happened. The points he makes suggest that globalization and values ​​follow a continuous cycle in which they are constructed and then broken down in a repetitive sequence. Harold does a good job establishing his credibility and clearly lays out his points. By taking a historical approach over a purely economic point of view, Harold reaches more readers and makes a better and more complete argument. Throughout the book, various topics are presented to help the reader understand all the different aspects of the current global situation. economic crisis. The first part of the book provides an in-depth review of what happened during the Great Depression. By showing what happened during that time, Harold connects it to the dots of globalization. The world had become increasingly globalized with more international trade than existed before the Great Depression. Through a series of inexplicable events, the values ​​of this increasing globalization together with the collapse of individual businesses have sent the entire world into a vortex. One of the most important distinctions that Harold pointed out was the difference between the crash of 1929 and that of 1931. The crash of 1929 took place exclusively in the United States. The stock market crash in the following days and the resulting market volatility caused the American economy to collapse in an instant. However, at this time the rest of the world economy has not suffered as dramatically… halfway… it is time to rebuild the trust and values ​​that drive globalization, but there is certainly a possibility that it will return and will be more efficient than it was before. The Creation and Destruction of Value: The Cycle of Globalization by Harold James takes a different approach than other books currently available that analyze the current economic crisis. James establishes credibility and historical facts to help the reader get a good foundation of information before moving on to the current situation. The reader is given a broad overview of all aspects of the crisis and what the possible solutions are. James does a great job laying out his argument and informing the reader of all the necessary details that lead to his conclusions. After reading Harold James' book, any reader will have a greater understanding of the current global economy and economic crisis.