The Long Twentieth Century: Money, Power, and the Origins of Our Times

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Verso, 1994 - Business & Economics - 400 pages
11 Reviews
Winner of the American Sociological Association PEWS Award (1995) for Distinguished Scholarship

The Long Twentieth Century traces the epochal shifts in the relationship between capital accumulation and state formation over a 700-year period. Giovanni Arrighi masterfully synthesizes social theory, comparative history and historical narrative in this account of the structures and agencies which have shaped the course of world history over the millennium.

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 modest beginnings, rise and violent unravel-ing of the links forged between capital, state power, and geopolitics by hegemonic classes and states are explored with dramatic intensity. From this perspective, Arrighi explains the changing fortunes of Florentine, Venetian, Genoese, Dutch, English, and finally American capitalism. The book concludes with an examination of the forces which have shaped and are now poised to undermine America's world power.
  

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Review: The Long Twentieth Century

User Review  - Nic Paget-Clarke - Goodreads

This is an excellent book, which along with "Adam Smith in Beijing" brilliantly explains the development of capitalism from the days of Genoa, Venice, the Iberian peninsula and the Spanish empire to ... Read full review

Review: The Long Twentieth Century

User Review  - Henri Troppmann - Goodreads

this book will blow your god damned mind. Read full review

Contents

THE THREE HEGEMONIES OF HISTORICAL CAPITALISM
27
THE RISE OF CAPITAL
85
The First Genoese Systemic Cycle of Accumulation
109
The Second Dutch Systemic Cycle of Accumulation
127
The Dialectic of State and Capital
144
INDUSTRY EMPIRE AND THE ENDLESS ACCUMULATION
159
The Dialectic of Capitalism and Territorialism
174
The Dialectic of Capitalism and Territorialism Continued
195
Reprise and Preview
214
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About the author (1994)

Giovanni Arrighi (1937–2009) was Professor of Sociology at Johns Hopkins University. His books include The Long Twentieth Century, Adam Smith in Beijing, and, with Beverly Silver, Chaos and Governance in the Modern World System. His work has appeared in many publications, including New Left Review—who published an interview on his life-long intellectual trajectory in March–April 2009, and an obituary in Nov–Dec 2009—and there are more accounts on his memorial website.

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