This chapter considers how histories of world systems, specifically global capitalism, are narrated in Salman Rushdie’s fiction. From capitalism’s emergence in The Enchantress of Florence, and the novel’s narration of early modern Mughal and Florentine world systems, through to Midnight’s Children’s depiction of India’s independence and the incipient rise of uneven neoliberal property speculation in Bombay, and The Golden House’s depiction of transnational elites and Bombay money laundering, this chapter maps Rushdie’s shifting representation of the world system, including the failures of the ‘optimism disease’ of postcolonial India and early modern global secular humanism, and how forms like magic realism and cinematic realism limn the emergence of neoliberalism and constellate the end of US hegemony.

The introduction provides an overview of the ways in which globalization can be defined and how this relates to literary studies. It sets out the book’s main approach, which is to view literature as being a key factor that shapes actual and imagined global phenomena. It also provides an overview of each of the books sections and chapters, flagging up connections between these and showing how they link in with other key fields of enquiry.

Building on Achille Mbembe’s A Critique of Black Reason and Paul Gilroy’s The Black Atlantic, emerging respectively from a francophone and anglophone tradition of Black critique, this chapter focuses on the profound importance of Blackness in the history of globalisation. Both writers argue Blackness needs to be understood in ‘worlded’ terms, with transnational dimensions and local inscriptions, and an emphasis on the interrelatedness of the world – its ‘systematic’ character. Moreover, each recognizes that in its engagement with imperialism, racialization, and the radical redefinition of subjectivity effected by capitalist modernity, Black writing pre-emptively grasps the spirit of globalization. As with the ‘one and unequal’ world literary system, Blackness shares a common basis in European colonialism and transatlantic slavery, but is also uneven, context-specific and immensely mutable, prohibiting any ‘total’ comprehension. Distilling a complex history into certain key topic areas, the chapter examines the significant international dimension of Black literary movements; the worlded and anti-colonial articulations of Blackness found in Négritude and the writing of Frantz Fanon; shifting Blackness in a neoliberal global order; and the afterlife and representational challenges of the foundational ‘world-system’ of slavery.