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capitalism has been so conflictual and violently contested. I. INTRODUCTION When communism collapsed in Eastern Europe in 1989, the running quip was that socialism was simply the longest road from capitalism to capitalism. The socialist detour, which carried along roughly one-third of humanity as of the mid-1980s, has nearly
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global histories connected and compared
Meanwhile, global historians, with a few prominent exceptions, have remained indifferent to the history of capitalism.16 This may be partly explained by the sway of cultural theory in the historical discipline since the 1980s and an increasing suspicion of ‘grand narratives’.17 By the moment of the field’s emergence in the 1990s, for a historical profession in the midst of its cultural turn and under the apparent hegemony of neoliberalism, ‘capitalism’ was invisible. One effect of that invisi...
capitalism and global history in past and present: a narrative reappraisal
Over the course of our conversations, it became clear to us that the history of capitalism’s struggle to define its subject and global history’s difficulties in coming to grips with power and causality shared common roots. They suggested three related hypotheses for further investigation. The first is that the history of capitalism will not be able to meaningfully corral its subject until it grapples with the way that capitalism itself moves beyond the bounds of the nation state, as a connect...
capitalism in global history
The newest iteration of the global history of capitalism has returned to the question that drove Hobsbawm and Brenner’s theoretical excursions. Yet some of the conclusions that recent historians have drawn about the nature and development of (especially North American) capitalism fall into similar conceptual traps. Capitalism became about wage labour, they argue, but only after passing through a stage where it was, essentially, about slavery. But that reconfiguration, however promising and ge...
- Andrew David Edwards, Peter Hill, Juan Neves-Sarriegui
- 2020
The mid-18th century gave rise to industrial capitalism, made possible by (1) the accumulation of vast amounts of capital under the merchant phase of capitalism and its investment in machinery, and (2) the fact that the enclosures meant that Britain had a large population of people with no access to subsistence agriculture, who needed to buy basic commodities via the market, ensuring a mass ...
Nov 6, 2024 · From the 16th to the 18th century in England, the industrialization of mass enterprises, such as the cloth industry, gave rise to a system in which accumulated capital was invested to increase productivity—capitalism, in other words. No one person can be said to have invented capitalism, however, and antecedent capitalist systems existed as ...
But to describe the book as simply a history of globalization as the title implies or to remark that it thoroughly and ably covers topics like the evolution of the gold price of silver between 1870 and 1900, the battle between fascism, liberalism and communism in the 1920s or the rise of social democracy is doing the work an injustice.
Jan 7, 2018 · For this reason, American sociologist William I. Robinson dates the beginning of mercantile capitalism at Columbus’s arrival in the Americas in 1492. Either way, at this time, capitalism was a system of trading goods outside of one’s immediate local market in order to increase profit for the traders. It was the rise of the “middle man.”
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A Comeback for Capitalism. In one of his articles, Fred Block has traced. the history of the term "capitalism" and. found some interesting facts (Block 2000). While the term became popular early with opponents of capitalism and also radical aca-demics, people in the business world saw it as tainted and did not like to use it. In the. 1970s ...
