The Cambridge history of Capitalism Volume II. The Spread of Capitalism: From 1848 to the Present

The second volume of The Cambridge History of Capitalism provides an authoritative reference on the spread and impact of capitalism across the world, and the varieties of responses to it. Employing a wide geographical coverage and strong comparative outlook, a team of leading scholars explore the global consequences that capitalism has had for industry, agriculture, and trade, along with the reactions by governments, firms, and markets. The authors consider how World War I halted the initial spread of capitalism, but global capitalism arose again by the close of the twentieth century. They explore how the responses of labor movements, compounded by the reactions by political regimes, whether defensive or proactive, led to diverse military and welfare consequences. Beneficial results eventually emerged, but the rise and spread of capitalism has not been easy or smooth. This definitive volume will have widespread appeal amongst historians, economists, and political scientists. This book provides an authoritative reference on the spread and impact of capitalism across the world, and the varieties of responses to it. Employing a wide geographical coverage and strong comparative outlook, a team of leading scholars explore the global consequences that capitalism has had for industry, agriculture and trade, along with the reactions by governments, firms and markets. The authors consider how World War I halted the initial spread of capitalism, but global capitalism arose again by the close of the twentieth century. They explore how the responses of labor movements, compounded by the reactions by political regimes, whether defensive or proactive, led to diverse military and welfare consequences. Beneficial results eventually emerged, but the rise and spread of capitalism has not been easy or smooth. This definitive volume will have widespread appeal amongst historians, economists and political scientists Modern Economic Growth, Defined As A Sustained Rise In Per Capita Income (kuznets 1966c001-025), Has Created Higher Levels Of Prosperity For Many More People On Earth Than Was Ever Thought Possible Before It Began. Moreover, It Began Not So Very Long Ago, Perhaps As Late As The Middle Of The Nineteenth Century And Certainly Not Before The End Of The Seventeenth Century-- Vol. 1 The Rise Of Capitalism: From Ancient Origins To 1848. Vol. 2 The Spreed Of Capitalism: From 1848 To The Present. Edited By Larry Neal And Jeffrey G. Williamson. Includes Bibliographical References And Index. "Modern economic growth, defined as a sustained rise in per capita income (Kuznets 1966C001-025), has created higher levels of prosperity for many more people on earth than was ever thought possible before it began. Moreover, it began not so very long ago, perhaps as late as the middle of the nineteenth century and certainly not before the end of the seventeenth century"-- Provided by publisher