Librería Portfolio

In the late eighteenth century, the political economist Adam Smith predicted an eventual equalization of power between the West and the territories it had conquered. In this magisterial new work, Giovanni Arrighi shows how China´s extraordinary rise invites us to reassess radically the conventional reading of The Wealth of Nations. He examines how recent US attempts to create the first truly global empire were conceived to counter China´s spectacular economic success Now America´s disastrous failure in Iraq has made the People´s Republic of China the true winner in the US War on Terror.
China may soon become again the kind of noncapitalist market economy that Smith described, an event that will reconfigure world trade and the global balance of power.



Table of Contents:
List of Figures -- Preface and Acknowledgments -- Introduction -- Part I. Adam Smith and the New Asian Age -- 1. Marx in Detroit, Smith in Beijing -- 2. The Historical Sociology of Adam Smith -- 3. Marx, Schumpeter, and the Endless Accumulation of Capital and Power -- Part II. Tracking Global Turbulence -- 4. The Economics of Global Turbulence -- 5. Social Dynamics of Global Turbulence -- 6. A Crisis of Hegemony -- Part III. Hegemony Unraveling -- 7. Domination without Hegemony -- 8. The Territorial Logic of Historical Capitalism -- 9. The World State that Never Was -- Part IV. Lineages of the New Asian Age -- 10. The Challenge of Peaceful Ascent -- 11. States, Markets, and Capitalism, East and West -- 12. Origins and Dynamic of the Chinese Ascent -- Epilogue -- Bibliography -- Index.