The Long Twentieth Century: Money, Power and the Origins of Our Time (upd. ed. 2010)

"The Long Twentieth Century" traces the epochal shifts in the relationship between capital accumulation and state formation over a 700-year period. Borrowing from Braudel, Arrighi argues that the history of capitalism has unfolded as a succession of "long centuries" - ages during which a hegemonic power deploying a novel combination of economic and political networks secured control over an expanding world-economic space. The book concludes with an examination of the forces which have shaped and are now poised to undermine America's world power.Contents/Summary:Bibliography (Includes bibliographical references (p. 387-404) and index)Contents: Hegemony, capitalism, and territorialismThe origins of the modern interstate systemBritish hegemony and free-trade imperialismUS hegemony and the rise of the free enterprise systemTowards a new research agendaThe antecedents of systemic cycles of accumulationThe genesis of high financeThe first (Genoese) systemic cycle of accumulationThe second (Dutch) systemic cycle of accumulationThe dialectic of state and capitalThe third (British) systemic cycle of accumulationThe dialectic of capitalism and territorialismThe dialectic of capitalism and territorialism (continued)Reprise and previewThe dialectic of market and planThe fourth (US) systemic cycle of accumulationThe dynamics of global crisis.