In these years of recessionary trends dominating global economy, a look at the experience of the great depression of 1930s and the great recession 2008 would give a parameter to compare them and focus on the global economy with a new perspective and vision. Certainly our days are marked by unprecedented increase in financial and economic crises which requires a new impetus to develop models which can enrich capitalist economy towards a better tomorrow. With new technology shaping economies and lives, this book provides a comparative understanding into these two major crises of the past century and helps us to comprehend our disturbing times with some insight into the possible future.