Book description
The Long Twentieth Century traces the relationship between capital accumulation and state formation over a 700-year period. Arrighi argues that capitalism has unfolded as a succession of "long centuries," each of which produced a new world power that secured control over an expanding world-economic space. Examining the changing fortunes of…
Why read it?
1 author picked The Long Twentieth Century as one of their favorite books. Why do they recommend it?
This book is one of the most comprehensive presentations concerning the history of capitalism from early modern times up to the present.
It deals with the mutual reinforcement between capital accumulation and state apparatuses and shows how precisely the dominance of finance and accumulation crises caused the decline of powerful capitalist states.
From Joseph's list on the political power of contemporary finance.
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