Does Capitalism Have a Future?

In Does Capitalism Have a Future?, a global quintet of distinguished scholars cut their way through to the question of whether our capitalist system can survive in the medium run. Despite the current gloom, conventional wisdom still assumes that there is no real alternative to capitalism. The authors argue that this generalization is a mistaken outgrowth of the optimistic nineteenth-century claim that human history ascends through stages to an enlightened equilibrium of liberal capitalism. All major historical systems have broken down in the end, and in the modern epoch several cataclysmic events-notably the French revolution, World War I, and the collapse of the Soviet bloc-came to pass when contemporary political elites failed to calculate the consequences of the processes they presumed to govern. At present, none of our governing elites and very few intellectuals can fathom a systemic collapse in the coming decades. While the book's contributors arrive at different conclusions, they are in constant dialogue with one another, and they construct a relatively seamless-if open-ended-whole. Written by five of world's most respected scholars of global historical trends, this ambitious book asks the most important of questions: are we on the cusp of a radical world historical shift?

Business & Money

WALLERSTEIN, Immanuel

Mann, Michael

Calhoun, Craig

Derluguian, Georgi

Collins,Randall

Economics

Oxford University Press

Africa: The Politics of Unity

Politics & Social Sciences

Politics & Government

Vintage Books

Immanuel Wallerstein’s highly influential, multi-volume opus, The Modern World-System, is one of this century’s greatest works of social science. An innovative, panoramic reinterpretation of global history, it traces the emergence and development of the modern world from the sixteenth to the twentieth century.

The Modern World-System I: Capitalist Agriculture and the Origins of the European World-Economy in the Sixteenth Century (Modern World-system, 1)

University of California Press

Modern World-System II: Mercantilism and the Consolidation of the European World-Economy, 1600–1750

The Modern World-System III: The Second Era of Great Expansion of the Capitalist World-Economy, 1730s-1840s

The Modern World-System IV: Centrist Liberalism Triumphant, 1789-1914

Immanuel Wallerstein’s highly influential, multi-volume opus, The Modern World-System, is one of this century’s greatest works of social science. An innovative, panoramic reinterpretation of global history, it traces the emergence and development of the modern world from the sixteenth to the twentieth century. This new volume encompasses the nineteenth century from the revolutionary era of 1789 to the First World War. In this crucial period, three great ideologies―conservatism, liberalism, and radicalism―emerged in response to the worldwide cultural transformation that came about when the French Revolution legitimized the sovereignty of the people. Wallerstein tells how capitalists, and Great Britain, brought relative order to the world and how liberalism triumphed as the dominant ideology.

The Modern World-System IV: Centrist Liberalism Triumphant, 1789–1914

Immanuel Wallerstein’s highly influential, multi-volume opus, The Modern World-System, is one of this century’s greatest works of social science. An innovative, panoramic reinterpretation of global history, it traces the emergence and development of the modern world from the sixteenth to the twentieth century. This new volume encompasses the nineteenth century from the revolutionary era of 1789 to the First World War. In this crucial period, three great ideologies―conservatism, liberalism, and radicalism―emerged in response to the worldwide cultural transformation that came about when the French Revolution legitimized the sovereignty of the people. Wallerstein tells how capitalists, and Great Britain, brought relative order to the world and how liberalism triumphed as the dominant ideology.

The Capitalist World-Economy (Studies in Modern Capitalism)

In The Capitalist World-Economy Immanuel Wallerstein focuses on the two central conflicts of capitalism, bourgeois versus proletarian and core versus periphery, in an attempt to describe both the cyclical rhythms and the secular transformations of capitalism, conceived as a singular world-system. The essays include discussions of the relationship of class and ethnonational consciousness, clarification of the meaning of transition from feudalism to capitalism, the utility of the concept of the semi peripheral state, and the relationship of socialist states to the capitalist world-economy. This book is the first in a three volume collection of Wallerstein's essays. The Politics of World-Economy (1984) elaborates on the role of states, the antisystemic movements and the civilizational project. Geopolitics and Geoculture (1991) analyses both the events leading up to the collapse of the Iron Curtain, and the subsequent process of perestroika in the light of Wallerstein's own interpretations, and the ways in which the renewed concern with culture is a product of the changing world-system.

Cambridge University Press

In these essays, written (with one exception) between 1978 and 1982, Immanuel Wallerstein elaborates on the political and theoretical implications of the world-systems perspective outlined in his celebrated books The Modern World-System and The Capitalist World-Economy. Whereas those books centred on the historical development of the modern world-system, the essays in this volume explore the nature of world politics in the light of Wallerstein's analysis of the world-system and capitalist world-economy. Throughout, the essays offer new perspectives on the central issues of political debate today: the roles of the USA and the USSR in the world-system, the relations of the Third World states to the capitalist 'core', and the potential for socialist or revolutionary change. Different sections deal with the three major political institutions of the modern world-system: the states, the antisystemic movements, and the civilizations. The states are a classic rubric of political analysis. For Wallerstein, the limits of sovereignty are at least as important as the powers - these limits deriving from the obligatory location of the modern state in the interstate system. Social movements are a second classic rubric. For Wallerstein, the principal questions are the degree to which such movements are antisystemic, and the dilemmas state power poses for antisystemic movements. Civilizations, in contrast, are not normally seen as a political institution. That however is for Wallerstein the key to the analysis of their role in the contemporary world, and thereby a key to understanding the politics of social science.

The Politics of the World-Economy: The States, the Movements and the Civilizations (Studies in Modern Capitalism)

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