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...

The Long Twentieth Century traces the relationship between capital accumulation and state formation over a 700-year period. Arrighi argues that capitalism has unfolded as a succession of "long centuries," each of which produced a new world power that secured control over an expanding world-economic space. Examining the changing fortunes of Florentine, Venetian, Genoese, Dutch, English and finally American capitalism, Arrighi concludes with an examination of the forces that have shaped and are now poised to undermine America's world dominance. A masterpiece of historical sociology,...

Building on an analysis of the dissenting movements to have emerged since the rise of modern capitalism, Anti-Systemic Movements uncovers an international groundswell of resistance still vitally active at the end of the twentieth century. The authors suggest that the new assertiveness of the South, the development of class struggle in the East and the emergence of rainbow coalitions in various regions hold fresh promise for emancipatory politics. Taking the year 1968 as a symbolic turning point, the authors argue that new anti-systemic movements have arisen which challenge the logic of the...