Includes bibliographical references (pages 390-408) and index.
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.
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"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.
Adam Smith in Beijing.
Smith, Adam,1723-1790.
Smith, Adam, 1723-1790
Smith, Adam,1723-1790.
Smith, Adam,1723-1790.
Economics-- Sociological aspects.
International economic relations.
15.75 history of Asia.
83.30 economic conditions, development and structure: general.