Adam Smith in Beijing : lineages of the twenty-first century
"In the late eighteenth century, the political economist Adam Smith predicted an eventual equalization of power between the conquering West and the conquered non-West. In this new work, Giovanni Arrighi shows how China's extraordinary rise invites us to read The Wealth of Nations in a radically different way than is usually done. He examines how the recent US attempt to bring into existence the first truly global empire in world history was done in order to counter China's spectacular economic success of the 1990s, and how the US's disastrous failure in Iraq has made China the true winner of the US War on Terror. In the 21st century China may well become again the kind of non-capitalist market economy that Smith described, under totally different domestic and world-historical conditions."--Jacket
xiii, 418 pages : illustrations ; 25 cm
9781844671045, 9781844672981, 1844671046, 1844672980
154707506
pt. 1. Adam Smith and the new Asian age
Marx in Detroit, Smith in Beijing
The historical sociology of Adam Smith
Marx, Schumpeter, and the "endless" accumulation of capital and power
pt. 2. Tracking global turbulence
The economics of global turbulence
Social dynamics of global turbulence
A crisis of hegemony
pt. 3. Hegemony unraveling
Domination without Hegemony
The territorial logic of historical capitalism
The world state that never was
pt. 4. Lineages of the new Asian age
The challenge of "peaceful ascent"
States, markets, and capitalism, east and west
Origins and dynamic of the Chinese ascent