Skip to main content Accessibility help
×
Hostname: page-component-586b7cd67f-rdxmf Total loading time: 0 Render date: 2024-11-26T12:48:21.250Z Has data issue: false hasContentIssue false

1 - Introduction:

the spread of and resistance to global capitalism

Published online by Cambridge University Press:  05 March 2014

Larry Neal
Affiliation:
University of Illinois, Urbana-Champaign
Jeffrey G. Williamson
Affiliation:
Harvard University, Massachusetts
Get access

Summary

This introduction presents an overview of the key concepts covered in this book. The book deals with capitalism's evolution within Western Europe and its offshoots, and its spread to the rest of the world after 1848. The spread of global capitalism has two dimensions, and they can be distinguished by means of an analogy. The increased globalization across the nineteenth century was due to a combination of factors, especially the new transportation and information technologies. Late-twentieth-century growth rates by the East Asian tigers and then China have set a modern standard of 'growth miracles' hard to beat, making impressive growth spurts in the past look pretty modest. During the few decades between about 1820 and the mid nineteenth century, global migrations changed dramatically. Emigration policies changed, from restricting outflows before, to adopting laissez-faire policies thereafter. The late nineteenth century also saw a large increase in the integration of international capital markets, and in the volume of international capital flows.
Type
Chapter
Information
Publisher: Cambridge University Press
Print publication year: 2014

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Save book to Kindle

To save this book to your Kindle, first ensure [email protected] is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

Available formats
×