Historical capitalism previously published by Verso in 1983.
HISTORICAL CAPITALISM. Introduction ---- The commodification of everything : production of capital --- The politics of accumulation : struggle for benefits --- Truth as opiate : rationality and rationalization --- Conclusion : on progress and transitions ---- CAPITALIST CIVILIZATION. A balance sheet --- Future prospects.
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"In this short, highly readable book, the master of world-systems theory provides a succinct anatomy of capitalism over the past five hundred years. Considering the way capitalism has changed and evolved over the centuries, and what has remained constant, he outlines its chief characteristics. In particular, he looks at the emergence and development of a world market, and of labor; in doing so, he argues that capitalism has brought about immiseration in the Global South. As long as they remain within a framework of world capitalism, Wallerstein concludes, the economic and social problems of developing countries will remain unresolved."--Publisher description.