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Full Description
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.
Contents
1. Introduction: the spread of and resistance to global capitalism Kevin H. O'Rourke and Jeffrey G. Williamson; 2. The spread of manufacturing Robert C. Allen; 3. Growth, specialization and organization of world agriculture Giovanni Federico; 4. Technology and the spread of capitalism Kristine Bruland and David C. Mowery; 5. Spread of legal innovations defining private and public domains Ron Harris; 6. Firms and global capitalism Geoffrey Jones; 7. Enterprise models: freestanding firms versus family pyramids Randall Morck and Bernard Yeung; 8. Financial capitalism Ranald Michie; 9. International capital movements and the global order Harold James; 10. Capitalism and the colonies Gareth Austin; 11. Capitalism at war Mark Harrison; 12. Modern capitalism: enthusiasts, opponents, and reformers Jeffry Frieden and Ronald Rogowski; 13. Labor movements Michael Huberman; 14. 'Private welfare and the welfare state' Peter H. Lindert; 15. Capitalism and human welfare Leandro Prados de la Escosura; 16. The future of capitalism Larry Neal and Jeffrey G. Williamson; Index.
