Adam Smith in Beijing
Adam Smith in Beijing

Author: Giovanni Arrighi

Publisher: Verso Books

Published: 2009-01-05

Total Pages: 433

ISBN-13: 1844672980

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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.

The Long Twentieth Century
The Long Twentieth Century

Author: Giovanni Arrighi

Publisher: Verso

Published: 1994

Total Pages: 420

ISBN-13: 9781859840153

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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.

Chaos and Governance in the Modern World System
Chaos and Governance in the Modern World System

Author: Giovanni Arrighi

Publisher: U of Minnesota Press

Published: 1999

Total Pages: 352

ISBN-13: 9780816631520

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Adopting an historical approach, explores four controversies facing global analyses today: the geography of world power, the power of states versus the power of capital, the social power of subordinate groups, and the changing balance of civilizational power.

Adam Smith’s America
Adam Smith’s America

Author: Glory M. Liu

Publisher: Princeton University Press

Published: 2024-04-02

Total Pages: 384

ISBN-13: 0691240868

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The unlikely story of how Americans canonized Adam Smith as the patron saint of free markets Originally published in 1776, Adam Smith’s The Wealth of Nations was lauded by America’s founders as a landmark work of Enlightenment thinking about national wealth, statecraft, and moral virtue. Today, Smith is one of the most influential icons of economic thought in America. Glory Liu traces how generations of Americans have read, reinterpreted, and weaponized Smith’s ideas, revealing how his popular image as a champion of American-style capitalism and free markets is a historical invention. Drawing on a trove of illuminating archival materials, Liu tells the story of how an unassuming Scottish philosopher captured the American imagination and played a leading role in shaping American economic and political ideas. She shows how Smith became known as the father of political economy in the nineteenth century and was firmly associated with free trade, and how, in the aftermath of the Great Depression, the Chicago School of Economics transformed him into the preeminent theorist of self-interest and the miracle of free markets. Liu explores how a new generation of political theorists and public intellectuals has sought to recover Smith’s original intentions and restore his reputation as a moral philosopher. Charting the enduring fascination that this humble philosopher from Scotland has held for American readers over more than two centuries, Adam Smith’s America shows how Smith continues to be a vehicle for articulating perennial moral and political anxieties about modern capitalism.

After Adam Smith
After Adam Smith

Author: Murray Milgate

Publisher: Princeton University Press

Published: 2011-10-16

Total Pages: 318

ISBN-13: 0691152349

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'After Adam Smith' looks at how politics & political economy were articulated & altered in the century following the publication of Smith's 'Wealth of Nations'.

How China Became Capitalist
How China Became Capitalist

Author: R. Coase

Publisher: Springer

Published: 2016-04-30

Total Pages: 268

ISBN-13: 1137019379

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How China Became Capitalist details the extraordinary, and often unanticipated, journey that China has taken over the past thirty five years in transforming itself from a closed agrarian socialist economy to an indomitable economic force in the international arena. The authors revitalise the debate around the rise of the Chinese economy through the use of primary sources, persuasively arguing that the reforms implemented by the Chinese leaders did not represent a concerted attempt to create a capitalist economy, and that it was 'marginal revolutions' that introduced the market and entrepreneurship back to China. Lessons from the West were guided by the traditional Chinese principle of 'seeking truth from facts'. By turning to capitalism, China re-embraced her own cultural roots. How China Became Capitalist challenges received wisdom about the future of the Chinese economy, warning that while China has enormous potential for further growth, the future is clouded by the government's monopoly of ideas and power. Coase and Wang argue that the development of a market for ideas which has a long and revered tradition in China would be integral in bringing about the Chinese dream of social harmony.

The Cambridge Companion to Adam Smith
The Cambridge Companion to Adam Smith

Author: Knud Haakonssen

Publisher: Cambridge University Press

Published: 2006-03-06

Total Pages: 442

ISBN-13: 9780521779241

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Adam Smith is best known as the founder of scientific economics and as an early proponent of the modern market economy. Political economy, however, was only one part of Smith's comprehensive intellectual system. Consisting of a theory of mind and its functions in language, arts, science, and social intercourse, Smith's system was a towering contribution to the Scottish Enlightenment. His ideas on social intercourse also served as the basis for a moral theory that provided both historical and theoretical accounts of law, politics, and economics. This Companion volume provides an examination of all aspects of Smith's thought. Collectively, the essays take into account Smith's multiple contexts - Scottish, British, European, Atlantic; biographical, institutional, political, philosophical - and they draw on all of his works, including student notes from his lectures. Pluralistic in approach, the volume provides a contextualist history of Smith, as well as direct philosophical engagement with his ideas.

On Adam Smith's Wealth of Nations
On Adam Smith's Wealth of Nations

Author: Samuel Fleischacker

Publisher: Princeton University Press

Published: 2009-01-10

Total Pages: 347

ISBN-13: 1400826055

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Adam Smith was a philosopher before he ever wrote about economics, yet until now there has never been a philosophical commentary on the Wealth of Nations. Samuel Fleischacker suggests that Smith's vastly influential treatise on economics can be better understood if placed in the light of his epistemology, philosophy of science, and moral theory. He lays out the relevance of these aspects of Smith's thought to specific themes in the Wealth of Nations, arguing, among other things, that Smith regards social science as an extension of common sense rather than as a discipline to be approached mathematically, that he has moral as well as pragmatic reasons for approving of capitalism, and that he has an unusually strong belief in human equality that leads him to anticipate, if not quite endorse, the modern doctrine of distributive justice. Fleischacker also places Smith's views in relation to the work of his contemporaries, especially his teacher Francis Hutcheson and friend David Hume, and draws out consequences of Smith's thought for present-day political and philosophical debates. The Companion is divided into five general sections, which can be read independently of one another. It contains an index that points to commentary on specific passages in Wealth of Nations. Written in an approachable style befitting Smith's own clear yet finely honed rhetoric, it is intended for professional philosophers and political economists as well as those coming to Smith for the first time.

A Korean Scholar’s Rude Awakening in Qing China
A Korean Scholar’s Rude Awakening in Qing China

Author: Pak Chega

Publisher: University of Hawaii Press

Published: 2019-07-31

Total Pages: 245

ISBN-13: 0824879805

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Two years after Adam Smith’s Wealth of Nations was published in 1776, Pak Chega’s (1750–1805) Discourse on Northern Learning appeared on the opposite corner of the globe. Both books presented notions of wealth and the economy for critical review: the former caused a stir across Europe, the latter influenced only a modest group of Chosŏn (1392–1897) Korea scholars and other intellectuals. Nevertheless, the ideas of both thinkers closely reflected the spirit of their times and helped define certain schools of thought—in the case of Pak, Northern Learning (Pukhak), which disparaged the Chosŏn Neo-Confucian state ideology as inert and ineffective. Years of humiliation and resentment against the conquering Manchus blinded many Korean elites to the scientific and technological advances made in Qing China (1644–1911). They despised its rulers as barbarians and begrudged Qing China’s status as their suzerain state. But Pak saw Korea’s northern neighbor as a model of economic and social reform. He and like-minded progressives discussed and corroborated views about the superiority of China’s civilization. After traveling to Beijing in 1776, Pak wrote Discourse on Northern Learning, in which he favorably introduced many aspects of China’s economy and culture. By comparison, he argued, Korea’s economy was depressed, the result of inadequate government policies and the selfishness of a privileged upper class. He called for drastic reforms in agriculture and industry and for opening the country to international trade. In a series of short essays, Pak gives us rare insights into life on the ground in late eighteenth-century Korea, and in the many details he supplies on Chinese farming, trade, and other commercial activities, his work provides a window onto everyday life in Qing China. Students and specialists of Korean history, particularly social reform movements, and Chosŏn-Qing relations will welcome this new translation.