The Long 20th Century: A Collection of Translations on Modern Thought (Volume 5)

Author: (Italian) Arrighi, translated by Yao Naiqiang et al.
Publisher:
Publishing Date: 2001-01-01
Features: This book is a study of the 1970s global economic crisis. The crisis is conceptualized as the third stage of a single historical process, the concluding stage. This process is defined as the rise, full expansion, and demise of the U.S. capitalist accumulation system on a global scale. Do you remember the economic crisis of the late 1920s to early 1930s? That crisis left a deep impression with its devastating impact, vast scope, and prolonged duration. However, capitalism has also continuously expanded and undergone internal revolutions, enabling it to overcome one crisis after another and maintain its ever-renewed vitality. But how long can the power of capital sustain itself, from Genoa to the Netherlands, Britain, and the United States? How far can capitalism still progress? The author provides an in-depth and compelling description of capitalism's expansion over centuries in the book, and it is no exaggeration to say that, even when compared to the masterpieces of Braudel and Wallerstein, it holds its own without fail!