The Cult of Adam Tooze

{
  "authors": [
    "Adam Tooze"
  ],
  "type": "other",
  "centerAffiliationAll": "dc",
  "centers": [
    "Carnegie Endowment for International Peace"
  ],
  "collections": [],
  "englishNewsletterAll": "ctw",
  "nonEnglishNewsletterAll": "",
  "primaryCenter": "Carnegie Endowment for International Peace",
  "programAffiliation": "EP",
  "programs": [
    "Europe"
  ],
  "projects": [],
  "regions": [
    "North America",
    "United States",
    "Iran"
  ],
  "topics": [
    "Economy"
  ]
}

Other

The Cult of Adam Tooze

If you want to do critical analysis of contemporary capitalism, stick with the trouble, stay inside the machine. Follow the people who are operating the machine and you’ll be amazed what they’ll tell you. Absolutely staggering what they will say out loud.

By Adam Tooze

Published on Mar 28, 2022

About the Author

Adam Tooze

Nonresident Scholar, Europe Program, Carnegie Europe

Tooze is a nonresident scholar with the Europe Program and Carnegie Europe.

Economy North America United States Iran

Carnegie India does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.

More Work from Carnegie India

Commentary
AI in Outer Space: Opportunities, Risks, and the Governance Gap
How is AI reshaping space security, creating governance challenges, and where does international diplomacy stand today?
Tejas Bharadwaj, Almudena Azcárate Ortega
Commentary
The Unresolved Challenges in U.S.–India Semiconductor Cooperation
The U.S.–India semiconductor cooperation story is well-stocked with top-level strategic intent. What remains unresolved, however, are some underlying challenges that will determine whether the cooperation actually functions. Three such friction points stand out.
Shruti Mittal
Article
India’s Press Note 3 Gamble: Opening the FDI Door to China
On March 10, 2026, India’s Union Cabinet approved amendments to Press Note 3, a regulation that mandated government approval on all foreign direct investment (FDI) from countries sharing a land border with India. This amendment raises questions primarily about whether its stated benefits will materialize and if the risks have been adequately weighed. This piece will address the same.
Konark Bhandari
Article
What Could a Reciprocal Defense Procurement Agreement Do for U.S.-India Ties?
India and the United States are close to concluding a Reciprocal Defense Procurement Agreement (RDPA) that will allow firms from the two countries to sell to each other’s defense establishments more easily. While this may not remedy the specific grievances both sides may have regarding larger bilateral issues, an RDPA could restore some momentum, following the trade deal announcement.
Konark Bhandari
Commentary
India Signs the Pax Silica—A Counter to Pax Sinica?
On the last day of the India AI Impact Summit, India signed Pax Silica, a U.S.-led declaration seemingly focused on semiconductors. While India’s accession to the same was not entirely unforeseen, becoming a signatory nation this quickly was not on the cards either.
Konark Bhandari

More Work from Carnegie India

Commentary

AI in Outer Space: Opportunities, Risks, and the Governance Gap

How is AI reshaping space security, creating governance challenges, and where does international diplomacy stand today?

Tejas Bharadwaj, Almudena Azcárate Ortega

Commentary

The Unresolved Challenges in U.S.–India Semiconductor Cooperation

The U.S.–India semiconductor cooperation story is well-stocked with top-level strategic intent. What remains unresolved, however, are some underlying challenges that will determine whether the cooperation actually functions. Three such friction points stand out.

Shruti Mittal

Article

India’s Press Note 3 Gamble: Opening the FDI Door to China

On March 10, 2026, India’s Union Cabinet approved amendments to Press Note 3, a regulation that mandated government approval on all foreign direct investment (FDI) from countries sharing a land border with India. This amendment raises questions primarily about whether its stated benefits will materialize and if the risks have been adequately weighed. This piece will address the same.

Konark Bhandari

Article

What Could a Reciprocal Defense Procurement Agreement Do for U.S.-India Ties?

India and the United States are close to concluding a Reciprocal Defense Procurement Agreement (RDPA) that will allow firms from the two countries to sell to each other’s defense establishments more easily. While this may not remedy the specific grievances both sides may have regarding larger bilateral issues, an RDPA could restore some momentum, following the trade deal announcement.

Konark Bhandari

Commentary

India Signs the Pax Silica—A Counter to Pax Sinica?

On the last day of the India AI Impact Summit, India signed Pax Silica, a U.S.-led declaration seemingly focused on semiconductors. While India’s accession to the same was not entirely unforeseen, becoming a signatory nation this quickly was not on the cards either.

Konark Bhandari