Many possible worlds: an interdisciplinary history of the world economy since 1800
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| Sprache: | English |
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Palgrave Macmillan
[2023]
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| Beschreibung: | lii, 1033 Seiten Illustrationen, Digramme, Karten |
| ISBN: | 9789811992803 |
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Datensatz im Suchindex
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| adam_text | Contents 1 2 Practising Interdisciplinary Economic History LI Stitching Histories Together 1.1.1 Surmising and Validating “General Laws” 1.1.2 Story-Telling to Bring Out the Comprehensible Patterns from Messy Reality 1.1.3 Historical Imagination and the Singularity of the Past 1.2 Historiographical Pitfalls 1.2.1 Causal Determinism 1.2.2 Reductionism 1.2.3 Uniformitarianism 1.3 “Truth” and History References 1 2 3 Understanding the “Anthropocene” 2.1 Travelling on “Spaceship” Earth 2.2 Three Paradigms of the World Economy 2.3 Paradigm 1: The Anthropocene (It’s All About Earth System Limits) 2.4 Paradigm 2: Modernity and Modernisation (It’s All About the Society) 22 2.5 Paradigm 3: The Growth Model (It’s All About the Economy) 30 9 10 13 3 3 4 4 5 5 6 7 14 xiii
xiv З CONTENTS 2.6 Consistent or Inconsistent Paradigms? References 35 37 “1800” 43 44 The Beginning of a- “Modern33 Economy The Vantage Point from 1800 The Industrial Revolution а-nd the Great Divergence: The Unified Growth Model (UGM) 3.4 The Industrial Revolution on the Ground 3.5 The Industrial Revolution: Why and How Did It Happeni 3.6 From Competition Between Nations to a “World System33? 3.7 Core-Periphery Examples: Monetary Standards and Slavery 3.8 What About “Society33? 3.9 “Institutions33 References 3.1 3.2 3.3 4 “Political Economy”: The Making of a North-South Planet Classical Economics and “Political Economy30 Adam Smith and the Wealth of Nations Rationalism and Its Emotional Tones Science, Mechanism, Deism and the Self-Regulating System 4.5 A Revised Role for the State 4.6 Power, Politics and Economics 4.7 Thomas Robert Malthus and Malthusian Economics 4.8 David Ricardo and the Ricardian Synthesis 4.9 “Man33 and “Nature33 and Classical “Liberalism30 4.10 Emerging Cracks in the Political Economy Edifice 4.11 The Making of a North-South World 4.12 The Dual Nature of Technical System Making 4.13 The Self-Regulating System Point of View 4.14 A Bottom Line? References 4.1 4.2 4.3 4.4 46 50 52 55 63 65 67 69 74 79 80 81 85 87 89 91 92 94 97 98 100 105 108 110 113
CONTENTS 5 Self, Socialisation, Organisation, Culture 5.1 Preilide: The Origins of the Term Industrial Revolution 5.2 Sociality 5.3 Socialisation, Culture and Society 5.4 Economic Change and Society 5.5 Case Studies of Economy/Society Modernisation 5.5.1 “The Great Transformation” 5.5.2 “The Industrious Revolution” 5.5.3 “Factory Discipline” 5.5.4 Entrepreneurship References XV 117 Ц8 120 123 126 133 133 135 136 138 139 6 “1848” 6.1 The Napoleonic Transition in Europe 6.2 New Ideas About Old Institutions 6.3 Colonial Ferment, Change and Upheaval 6.4 A Cementing of a World Economic System 6.5 “Structural Change” in Europe 6.6 The European Restoration and Its Rapid Breakdown 6.7 1848 from a Global Perspective 6.8 Economic Causes of “1848”: Long- and Short Term 6.9 Aftermath: The Developmental State 6.10 Aftermath: Reform of the City 6.11 Aftermath: Managing Popular Consent 6.12 A Summing Up: Tise World Economy at Mid-Century 174 References 143 145 149 155 159 162 164 166 168 170 172 173 7 “Revolution” 7.1 A Revolution Is Not a Dinner Party 7.2 Theorising About Revolutions 7.3 Social Fabric, Social Capital and Social Movements 7.4 Economic Impetuses of Revolution 7.5 The Role of Ideas 7.6 Political Economy Revisited 7.7 “East” v “West” 7.8 Great Power Politics 7.9 1848 as a Case Study References 181 182 185 186 190 192 194 195 196 198 200 176
xvi CONTENTS 8 Technology, Innovation and Invention 8.1 A Technological Revolution? 8.2 “Technology” and Productivity 8.3 Entrepreneurs Versus Technology “Systems” 8.4 The Finance Connection and Beyond 8.5 Technology and Society 8.6 A Case Study: Railroads and Economic Growth 8.6.1 Embodied and Disembodied Effects 8.6.2 Role of Topography and Physical Space 8.6.3 Market Access and Size Effects 8.6.4 Static v Dynamic Effects 8.7 An Intermediate Reckoning References 203 204 204 208 209 211 215 220 221 222 225 227 228 9 “1870” 9.1 The Psychic Costs of Modernisation 9.2 Material Modernisation in Europe 9.3 The “Second” Industrial Revolution and the Role of the State 9.4 A Changing World of Work and Lifestyle 9.4.1 WorkOrganisation 9.4.2 Hours and Wagesand “Standard of Living” 9.5 A Changing World of Home and Family 9.6 A Globalising Economy 9.7 The “Concert of Europe” in 1870 9.8 The “Production Possibility Frontier” References 231 232 236 10 La Belie Époque 10.1 “The Beautiful Epoch”—For Some 10.2 Social and Economic Life Inside the Core: The Case of France 10.3 Mass Media, “News” and Nationalism 10.4 Girdling the Globe 10.5 Internationalisation and Its Nationalist Backlashes 10.6 An Exceptional Case: Japan 10.7 A Growing Bittersweet Decadence in Europe References 238 241 241 243 245 247 251 254 255 259 260 263 269 271 275 276 281 285
CONTENTS 11 12 13 xvii “Civilisation”, Gender, Race and Class 11.1 Civilisation: The Birth of a Concept 11.2 Civilisational Analysis 11.3 “Western” “European” Civilisation 11.3.1 Ancient Greece 11.3.2 Ancient Rome 11.3.3 Christianity 11.4 Civilisational Sources and Aspects of Economic Growth 11.5 Modernisation and the Individual 11.6 Economic Change and Changing Categories of Gender, Race and Class 11.6.1 Gender 11.6.2 Race 11.6.3 Class 11.7 “Axial” Movements, Modernisation and “Multiple Modernities” References 289 290 292 295 296 297 297 “1900” 12.1 Prelude: When Does a New Century Begin? 12.2 Material Expansion as of “1900” 12.3 A Global Trade System 12.4 International Finance and System Driven Turbulences 12.5 Science—Industry—Productivity: The Second Industrial Revolution 12.6 Big Capital and Labour Movements 12.7 The First Age of Modern Inequality and the Rise of Radicalism 12.8 Pollution and Waste 12.9 Northern Industrialisation and Southern Deindustrialisation 12.10 The Conundrum of “Rational Planning” References 319 321 321 327 332 334 Imperialism 13.1 The “Age of Imperialism” 13.2 Forms and Styles of Imperialism 13.3 Motivations for Imperialism 355 356 358 362 297 303 304 305 308 311 313 315 329 337 341 346 349 352
xviii 14 CONTENTS 13.3.1 Geopolitical 13.3.2 Cultural/Ideological 13.3.3 Economic 13.4 The Burdens Imposed by Colonial Rule 13.5 Imperialism and Postcolonial Economic Growth 13.5.1 Latin America 13.5.2 Africa 13.6 Assessing the Modern Legacy of Imperialism References 362 363 365 368 372 373 379 381 382 Modernity 387 388 Modernity’s Etymology Commodification, Marketisation, Industrialism, Bureaucracy 391 14.3 Modernity, Intensification, Depersonalisation and the Consolidation of the “Masses” 396 14.4 Mass Media and the Changing Self-Image of “Modern Man” 399 14.5 Modernity and the Problem of Violence 14.6 The First Age of Anxiety and the Weight of Western Civilisation 14.7 Modernity Outside Europe References 14.1 14.2 15 “1914” A Long Nineteenth Century A High Tide of Systems Thinking and Mechanism Ideals 15.3 Nineteenth Century Europe in Political Transition and the Rise of “Geopolitics” 417 15.4 A Complexifying Order 15.5 A New Industry of Arms 15.6 Reasons War Came 15.7 During the War 15.8 After the War Was Over References 15.1 15.2 16 Global Demographic Change 16.1 Industrialisation and the Modern Demographic Transition 402 404 407 410 413 414 415 421 423 427 430 437 441 443 444
CONTENTS 17 ХІХ 16.2 Demographic Forces and Economic Modernisation 16.3 Possible Causes of Falling Fertility 16.4 The Mortality Transition 16.5 Migration 16.6 Economic Impacts of Migration 16.7 Migration as a Safety Valve for Capitalism 16.8 The Shifting Well-Being of the World References 447 449 454 457 460 461 462 464 Ideas and Ideologies 17.1 A Political Economist Grapples with the Individual in a Mass Age 468 17.2 Industrialisation and Changing Ideas About Economy and Society 474 17.3 Ideas and Economic Change 17.4 Changing Conceptions of the Self in Society 17.5 Ideas Versus Ideologies 17.6 Violence and Ideology 17.7 An Evolutionary Strategy? 17.8 The Void of Meaning References 467 18 “1929” 18.1 “The Economic Consequences of the Peace” 18.2 Remaking a Problematic Europe 18.3 An “Interwar” Order 18.4 Interwar Global Finance 18.5 American Prosperity and the Roots of the Great Depression 18.6 The Great Crash 18.7 Full-Blown Financial and Economic Crisis in America 18.8 A Worldwide Conflagration 18.9 Outmoded Policy Responses and Policy Experimentation 18.9.1 Alternative Visions 18.9.2 “Macroeconomics” and “Social Democracy” 18.10 The Ongoing Mystery of the Great Depression References 476 479 485 488 489 491 492 495 496 497 502 503 505 508 509 515 518 522 523 525 527
XX CONTENTS 19 Global Finance 19.1 Open Markets in Money and Things 19.2 Financial Integration: Good or Bad ? 19.3 Horth/South Finance and Financial Hegemony 19.4 The Rise of Central Banking and the Lender of Last Resort (LOLR) 19.5 The Classical Gold Standard and the Global Politics of Money 19.6 Infrastructure and Money 19.7 Falling Standards 19.8 Reparationsand “Hot Money” 19.9 Goodbye to All that References 531 532 534 536 540 543 546 549 554 558 559 20 Exceptionalism 20.1 American “Exceptionalism” 20.2 Varieties and Limits of Exceptionalism 20.3 Is America Economically Exceptional? 20.4 The Limits of Exceptionalism as a Methodof Analysis References 21 “1945” 21.1 Economic Prelude to Another World War 21.2 First Stages of the War 21.3 Course of the War 21.4 A Series of Difficult Questions 21.4.1 Causes of the War 21.4.2 Who Won the War? 21.4.3 Atrocities 21.4.4 Preventing Another World War and Another Depression 21.5 Same War, Different Meanings References 22 War 22.1 22.2 22.3 22.4 War... What Is It Good for? A Changing Face of War “Total War” War and the Economy According to the Growth Model 563 564 574 377 582 584 587 588 592 595 599 600 601 602 604 604 607 609 610 611 613 614
CONTENTS ХХІ 22.4.1 The Phoenix Effect 22.4.2 Institutional Clearance 22.4.3 Military Keynesianism 22.5 Military Technology and Dual Uses 22.6 War-Making and State-Making 22.7 Military-Industrial Complexes 22.8 “Iron Triangles” References 615 619 620 622 624 626 630 631 Comparative Economic, Social and Political Systems 23.1 Industrialism Versus Capitalism 23.2 Social, Political, Economic and Cultural Comparisons 23.3 Political System Choice and the Role of the State 23.4 The Fascist Challenge of the Interwar Period 23.5 “Cold War” and “Comparative Economic Systems” 23.6 Post-Cold War “New Comparative Economics” 23.7 Going Forward References 633 635 636 640 643 648 655 656 658 24 “1968” 24.1 The Great Post-War Prosperity 24.2 A Demographic Boom 24.3 Sulmrbanisation 24.4 A “Youth” Generation 24.5 Materialism and Consumerism 24.6 The Organisation Man 24.7 Ennui and a Crisis of Meaning 24.8 A Year of Global Unrest 24.9 The Aftermath References 661 663 666 667 672 676 677 679 682 690 693 25 Cold War 25.1 The Beginnings of a Manichean World 25.2 Prelude to a Dichotomy 25.3 Making of a Cold War 25.4 Economic Performance of Competing Models 25.5 A Development Model for the Developing World 25.6 American Hegemony in the Capitalist Bloc 25.7 Varieties of Capitalism 695 696 698 700 706 708 711 715 23
xxii CONTENTS Major Geopolitical Elements of the Cold War 25.8.1 The “Balance of Terror” and “Mutually Assured Destruction” (MAD) 718 25.8.2 Proxy Wars, decolonisation and Non-alignment 719 25.8.3 Propaganda and “Hearts and Minds” 25.9The “National Security State” and “Big Science” 25.10 A Paradigm of “Control” and the Cold War Paranoiac 730 References 25.8 26 Time and “Progress” The “End” of History? Is There Progress in Time? Is There Time in Progress? The Industrialisation of Time The Technisation of Time Past, Present and Future Politics as a Technical Problem in Search of a Technical Solution 752 26.7 Round and Round It Goes References 26.1 26.2 26.3 26.4 26.5 26.6 27 “1989” “1991” 27.1 Separate Worlds 27.2 A Golden Age of the Socialist Bloc 27.3 Pressures Beneath the Surface 27.4 A Disruptive Economic Opening to the West 27.5 “1989” 27.6 “1991” 27.7 The Chinese Exception 27.8 The “New World Order” 27.9 The Meaning of the Cold War s End References 28 Neoliberalism 28.1 28.2 28.3 28.4 What’s so “Neo” About “Neoliberalism”? The Bretton Woods International Order The Keynesian Consensus and Domestic “Fine-Tuning” 792 Business, Labour, Accords and the Social Wage 718 727 728 735 739 740 743 745 746 750 753 756 757 759 760 761 763 765 768 775 779 782 784 785 786 789 795
CONTENTS 29 xxiii 28.5 A Turn for the Better; then a Turn for the Worse 28.6 What Happened? 28.7 A Changing Political Economy 28.8 Globalisation and Financialisation 28.9 Ongoing Implications of Neoliberalism References 797 799 802 808 813 814 Structural Change 29.1 Economic Modernisation and Economic Structure 29.2 A Postwar Shift to Services 29.3 The “Post-Industrial” Economy and Society 29.4 Managerialism 29.5 Technocracy, Digitalisation and Changing Production Processes 29.6 Northern Deindustrialisation 29.7 “Financialisation” 29.7.1 The “Hot Money” Problem 29.7.2 The “Rentier” Problem 29.7.3 The “Political Economy” Problem 29.8 The Production Possibility Frontier (PPF) Revisited References 817 818 820 822 825 827 829 832 838 838 839 839 843 30 “2016” 30.1 2016: An Unusual year 30.2 Superficial Placidity and Technocratic Paradigms 30.3 Anger Movements 30.4 A Passing of “Big Ideas” 30.5 Actions Without Equal and Opposite Reactions 30.6 Broken Mirrors 30.7 The Roots of2016 30.8 A Turning Point, But Nowhere to Turn? References 847 849 852 854 857 859 863 866 868 871 31 Populism, Elitism and Identity 31.1 A Misunderstood Neologism 31.2 The Rise of Democracy 31.3 Order Versus Chaos 31.4 Technocracy and the Ideology of Elitism 31.5 The California Ideology 31.6 Networks Versus Hierarchies 875 876 878 880 883 885 887
xxiv CONTENTS The Elitism of the Professional Class The Degradation of Political Institutions The Imperfect Refuges of Identity and Populism 31.9.1 Identity 31.9.2 Populism 31.10 Identity Politics, Citizenship and the Modern Liberal Democratic Challenge References 888 890 894 894 897 Old Models, New Realities 32.1 Two Mid-Cen tury Visions of the Future 32.2 A Scientific Paradise 32.3 The New Optimists 32.4 The World as It Is? 32.4.1 Limits to Resources 32.4.2 Limits to Control 32.4.3 Limits to Knowing 32.4.4 Corporatisation, Formalisation, Bureaucratisation 32.4.5 Instrumentalism Versus Values 32.4.6 Unintegrated Meaning and Immateriality 32.4.7 Mediated Reality 32.4.8 “Mass Everything» 32.4.9 Freedom and Identity 32.5 Old Models. New Realities References 907 909 912 914 915 916 920 925 31.7 31.8 31.9 32 Bibliography Index 898 903 927 930 933 935 938 938 941 944 949 1001
This book provides a crosscutting interdisciplinary account of how the disintegrated, global subsistence economy circa 1800 has transformed into a global complex delivering unprecedented levels of material production and consumption. Applying major findings from economics, history/historiography, and sociology (as well as from anthropology, psychology, politics, and environmental studies), the analysis tracks the ways in which changes in society (including social structures, values, and forces) have changed individuals (including conceptions of race, gender, and identity) and vice versa. These changes have simultaneously homogenised and diversified societies and individuals in distinct but sometimes contradictory ways, opening up many possible worlds from an individual and group perspective. Yet, the scale and pace of change has also led to increasing existential challenges. The narrative consists of 30 chapters organized into 10 subsets of 3: one chapter on a relevant core idea; one chapter focused on historical narrative and titled after a representative year; and one chapter on a relevant associated crosscutting theme. Major regional and topical discussions are provided, with special attention paid to business and organisational change and developing world scholarship. Small discussion boxes focusing on illustrative cases and details are presented throughout the book. The last chapter contains over-arching conclusions.
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Contents 1 2 Practising Interdisciplinary Economic History LI Stitching Histories Together 1.1.1 Surmising and Validating “General Laws” 1.1.2 Story-Telling to Bring Out the Comprehensible Patterns from Messy Reality 1.1.3 Historical Imagination and the Singularity of the Past 1.2 Historiographical Pitfalls 1.2.1 Causal Determinism 1.2.2 Reductionism 1.2.3 Uniformitarianism 1.3 “Truth” and History References 1 2 3 Understanding the “Anthropocene” 2.1 Travelling on “Spaceship” Earth 2.2 Three Paradigms of the World Economy 2.3 Paradigm 1: The Anthropocene (It’s All About Earth System Limits) 2.4 Paradigm 2: Modernity and Modernisation (It’s All About the Society) 22 2.5 Paradigm 3: The Growth Model (It’s All About the Economy) 30 9 10 13 3 3 4 4 5 5 6 7 14 xiii
xiv З CONTENTS 2.6 Consistent or Inconsistent Paradigms? References 35 37 “1800” 43 44 The Beginning of a- “Modern33 Economy The Vantage Point from 1800 The Industrial Revolution а-nd the Great Divergence: The Unified Growth Model (UGM) 3.4 The Industrial Revolution on the Ground 3.5 The Industrial Revolution: Why and How Did It Happeni 3.6 From Competition Between Nations to a “World System33? 3.7 Core-Periphery Examples: Monetary Standards and Slavery 3.8 What About “Society33? 3.9 “Institutions33 References 3.1 3.2 3.3 4 “Political Economy”: The Making of a North-South Planet Classical Economics and “Political Economy30 Adam Smith and the Wealth of Nations Rationalism and Its Emotional Tones Science, Mechanism, Deism and the Self-Regulating System 4.5 A Revised Role for the State 4.6 Power, Politics and Economics 4.7 Thomas Robert Malthus and Malthusian Economics 4.8 David Ricardo and the Ricardian Synthesis 4.9 “Man33 and “Nature33 and Classical “Liberalism30 4.10 Emerging Cracks in the Political Economy Edifice 4.11 The Making of a North-South World 4.12 The Dual Nature of Technical System Making 4.13 The Self-Regulating System Point of View 4.14 A Bottom Line? References 4.1 4.2 4.3 4.4 46 50 52 55 63 65 67 69 74 79 80 81 85 87 89 91 92 94 97 98 100 105 108 110 113
CONTENTS 5 Self, Socialisation, Organisation, Culture 5.1 Preilide: The Origins of the Term Industrial Revolution 5.2 Sociality 5.3 Socialisation, Culture and Society 5.4 Economic Change and Society 5.5 Case Studies of Economy/Society Modernisation 5.5.1 “The Great Transformation” 5.5.2 “The Industrious Revolution” 5.5.3 “Factory Discipline” 5.5.4 Entrepreneurship References XV 117 Ц8 120 123 126 133 133 135 136 138 139 6 “1848” 6.1 The Napoleonic Transition in Europe 6.2 New Ideas About Old Institutions 6.3 Colonial Ferment, Change and Upheaval 6.4 A Cementing of a World Economic System 6.5 “Structural Change” in Europe 6.6 The European Restoration and Its Rapid Breakdown 6.7 1848 from a Global Perspective 6.8 Economic Causes of “1848”: Long- and Short Term 6.9 Aftermath: The Developmental State 6.10 Aftermath: Reform of the City 6.11 Aftermath: Managing Popular Consent 6.12 A Summing Up: Tise World Economy at Mid-Century 174 References 143 145 149 155 159 162 164 166 168 170 172 173 7 “Revolution” 7.1 A Revolution Is Not a Dinner Party 7.2 Theorising About Revolutions 7.3 Social Fabric, Social Capital and Social Movements 7.4 Economic Impetuses of Revolution 7.5 The Role of Ideas 7.6 Political Economy Revisited 7.7 “East” v “West” 7.8 Great Power Politics 7.9 1848 as a Case Study References 181 182 185 186 190 192 194 195 196 198 200 176
xvi CONTENTS 8 Technology, Innovation and Invention 8.1 A Technological Revolution? 8.2 “Technology” and Productivity 8.3 Entrepreneurs Versus Technology “Systems” 8.4 The Finance Connection and Beyond 8.5 Technology and Society 8.6 A Case Study: Railroads and Economic Growth 8.6.1 Embodied and Disembodied Effects 8.6.2 Role of Topography and Physical Space 8.6.3 Market Access and Size Effects 8.6.4 Static v Dynamic Effects 8.7 An Intermediate Reckoning References 203 204 204 208 209 211 215 220 221 222 225 227 228 9 “1870” 9.1 The Psychic Costs of Modernisation 9.2 Material Modernisation in Europe 9.3 The “Second” Industrial Revolution and the Role of the State 9.4 A Changing World of Work and Lifestyle 9.4.1 WorkOrganisation 9.4.2 Hours and Wagesand “Standard of Living” 9.5 A Changing World of Home and Family 9.6 A Globalising Economy 9.7 The “Concert of Europe” in 1870 9.8 The “Production Possibility Frontier” References 231 232 236 10 La Belie Époque 10.1 “The Beautiful Epoch”—For Some 10.2 Social and Economic Life Inside the Core: The Case of France 10.3 Mass Media, “News” and Nationalism 10.4 Girdling the Globe 10.5 Internationalisation and Its Nationalist Backlashes 10.6 An Exceptional Case: Japan 10.7 A Growing Bittersweet Decadence in Europe References 238 241 241 243 245 247 251 254 255 259 260 263 269 271 275 276 281 285
CONTENTS 11 12 13 xvii “Civilisation”, Gender, Race and Class 11.1 Civilisation: The Birth of a Concept 11.2 Civilisational Analysis 11.3 “Western” “European” Civilisation 11.3.1 Ancient Greece 11.3.2 Ancient Rome 11.3.3 Christianity 11.4 Civilisational Sources and Aspects of Economic Growth 11.5 Modernisation and the Individual 11.6 Economic Change and Changing Categories of Gender, Race and Class 11.6.1 Gender 11.6.2 Race 11.6.3 Class 11.7 “Axial” Movements, Modernisation and “Multiple Modernities” References 289 290 292 295 296 297 297 “1900” 12.1 Prelude: When Does a New Century Begin? 12.2 Material Expansion as of “1900” 12.3 A Global Trade System 12.4 International Finance and System Driven Turbulences 12.5 Science—Industry—Productivity: The Second Industrial Revolution 12.6 Big Capital and Labour Movements 12.7 The First Age of Modern Inequality and the Rise of Radicalism 12.8 Pollution and Waste 12.9 Northern Industrialisation and Southern Deindustrialisation 12.10 The Conundrum of “Rational Planning” References 319 321 321 327 332 334 Imperialism 13.1 The “Age of Imperialism” 13.2 Forms and Styles of Imperialism 13.3 Motivations for Imperialism 355 356 358 362 297 303 304 305 308 311 313 315 329 337 341 346 349 352
xviii 14 CONTENTS 13.3.1 Geopolitical 13.3.2 Cultural/Ideological 13.3.3 Economic 13.4 The Burdens Imposed by Colonial Rule 13.5 Imperialism and Postcolonial Economic Growth 13.5.1 Latin America 13.5.2 Africa 13.6 Assessing the Modern Legacy of Imperialism References 362 363 365 368 372 373 379 381 382 Modernity 387 388 Modernity’s Etymology Commodification, Marketisation, Industrialism, Bureaucracy 391 14.3 Modernity, Intensification, Depersonalisation and the Consolidation of the “Masses” 396 14.4 Mass Media and the Changing Self-Image of “Modern Man” 399 14.5 Modernity and the Problem of Violence 14.6 The First Age of Anxiety and the Weight of Western Civilisation 14.7 Modernity Outside Europe References 14.1 14.2 15 “1914” A Long Nineteenth Century A High Tide of Systems Thinking and Mechanism Ideals 15.3 Nineteenth Century Europe in Political Transition and the Rise of “Geopolitics” 417 15.4 A Complexifying Order 15.5 A New Industry of Arms 15.6 Reasons War Came 15.7 During the War 15.8 After the War Was Over References 15.1 15.2 16 Global Demographic Change 16.1 Industrialisation and the Modern Demographic Transition 402 404 407 410 413 414 415 421 423 427 430 437 441 443 444
CONTENTS 17 ХІХ 16.2 Demographic Forces and Economic Modernisation 16.3 Possible Causes of Falling Fertility 16.4 The Mortality Transition 16.5 Migration 16.6 Economic Impacts of Migration 16.7 Migration as a Safety Valve for Capitalism 16.8 The Shifting Well-Being of the World References 447 449 454 457 460 461 462 464 Ideas and Ideologies 17.1 A Political Economist Grapples with the Individual in a Mass Age 468 17.2 Industrialisation and Changing Ideas About Economy and Society 474 17.3 Ideas and Economic Change 17.4 Changing Conceptions of the Self in Society 17.5 Ideas Versus Ideologies 17.6 Violence and Ideology 17.7 An Evolutionary Strategy? 17.8 The Void of Meaning References 467 18 “1929” 18.1 “The Economic Consequences of the Peace” 18.2 Remaking a Problematic Europe 18.3 An “Interwar” Order 18.4 Interwar Global Finance 18.5 American Prosperity and the Roots of the Great Depression 18.6 The Great Crash 18.7 Full-Blown Financial and Economic Crisis in America 18.8 A Worldwide Conflagration 18.9 Outmoded Policy Responses and Policy Experimentation 18.9.1 Alternative Visions 18.9.2 “Macroeconomics” and “Social Democracy” 18.10 The Ongoing Mystery of the Great Depression References 476 479 485 488 489 491 492 495 496 497 502 503 505 508 509 515 518 522 523 525 527
XX CONTENTS 19 Global Finance 19.1 Open Markets in Money and Things 19.2 Financial Integration: Good or Bad'? 19.3 Horth/South Finance and Financial Hegemony 19.4 The Rise of Central Banking and the Lender of Last Resort (LOLR) 19.5 The Classical Gold Standard and the Global Politics of Money 19.6 Infrastructure and Money 19.7 Falling Standards 19.8 Reparationsand “Hot Money” 19.9 Goodbye to All that References 531 532 534 536 540 543 546 549 554 558 559 20 Exceptionalism 20.1 American “Exceptionalism” 20.2 Varieties and Limits of Exceptionalism 20.3 Is America Economically Exceptional? 20.4 The Limits of Exceptionalism as a Methodof Analysis References 21 “1945” 21.1 Economic Prelude to Another World War 21.2 First Stages of the War 21.3 Course of the War 21.4 A Series of Difficult Questions 21.4.1 Causes of the War 21.4.2 Who Won the War? 21.4.3 Atrocities 21.4.4 Preventing Another World War and Another Depression 21.5 Same War, Different Meanings References 22 War 22.1 22.2 22.3 22.4 War. What Is It Good for? A Changing Face of War “Total War” War and the Economy According to the Growth Model 563 564 574 377 582 584 587 588 592 595 599 600 601 602 604 604 607 609 610 611 613 614
CONTENTS ХХІ 22.4.1 The Phoenix Effect 22.4.2 Institutional Clearance 22.4.3 Military Keynesianism 22.5 Military Technology and Dual Uses 22.6 War-Making and State-Making 22.7 Military-Industrial Complexes 22.8 “Iron Triangles” References 615 619 620 622 624 626 630 631 Comparative Economic, Social and Political Systems 23.1 Industrialism Versus Capitalism 23.2 Social, Political, Economic and Cultural Comparisons 23.3 Political System Choice and the Role of the State 23.4 The Fascist Challenge of the Interwar Period 23.5 “Cold War” and “Comparative Economic Systems” 23.6 Post-Cold War “New Comparative Economics” 23.7 Going Forward References 633 635 636 640 643 648 655 656 658 24 “1968” 24.1 The Great Post-War Prosperity 24.2 A Demographic Boom 24.3 Sulmrbanisation 24.4 A “Youth” Generation 24.5 Materialism and Consumerism 24.6 The Organisation Man 24.7 Ennui and a Crisis of Meaning 24.8 A Year of Global Unrest 24.9 The Aftermath References 661 663 666 667 672 676 677 679 682 690 693 25 Cold War 25.1 The Beginnings of a Manichean World 25.2 Prelude to a Dichotomy 25.3 Making of a Cold War 25.4 Economic Performance of Competing Models 25.5 A Development Model for the Developing World 25.6 American Hegemony in the Capitalist Bloc 25.7 Varieties of Capitalism 695 696 698 700 706 708 711 715 23
xxii CONTENTS Major Geopolitical Elements of the Cold War 25.8.1 The “Balance of Terror” and “Mutually Assured Destruction” (MAD) 718 25.8.2 Proxy Wars, decolonisation and Non-alignment 719 25.8.3 Propaganda and “Hearts and Minds” 25.9The “National Security State” and “Big Science” 25.10 A Paradigm of “Control” and the Cold War Paranoiac 730 References 25.8 26 Time and “Progress” The “End” of History? Is There Progress in Time? Is There Time in Progress? The Industrialisation of Time The Technisation of Time Past, Present and Future Politics as a Technical Problem in Search of a Technical Solution 752 26.7 Round and Round It Goes References 26.1 26.2 26.3 26.4 26.5 26.6 27 “1989” “1991” 27.1 Separate Worlds 27.2 A Golden Age of the Socialist Bloc 27.3 Pressures Beneath the Surface 27.4 A Disruptive Economic Opening to the West 27.5 “1989” 27.6 “1991” 27.7 The Chinese Exception 27.8 The “New World Order” 27.9 The Meaning of the Cold War's End References 28 Neoliberalism 28.1 28.2 28.3 28.4 What’s so “Neo” About “Neoliberalism”? The Bretton Woods International Order The Keynesian Consensus and Domestic “Fine-Tuning” 792 Business, Labour, Accords and the Social Wage 718 727 728 735 739 740 743 745 746 750 753 756 757 759 760 761 763 765 768 775 779 782 784 785 786 789 795
CONTENTS 29 xxiii 28.5 A Turn for the Better; then a Turn for the Worse 28.6 What Happened? 28.7 A Changing Political Economy 28.8 Globalisation and Financialisation 28.9 Ongoing Implications of Neoliberalism References 797 799 802 808 813 814 Structural Change 29.1 Economic Modernisation and Economic Structure 29.2 A Postwar Shift to Services 29.3 The “Post-Industrial” Economy and Society 29.4 Managerialism 29.5 Technocracy, Digitalisation and Changing Production Processes 29.6 Northern Deindustrialisation 29.7 “Financialisation” 29.7.1 The “Hot Money” Problem 29.7.2 The “Rentier” Problem 29.7.3 The “Political Economy” Problem 29.8 The Production Possibility Frontier (PPF) Revisited References 817 818 820 822 825 827 829 832 838 838 839 839 843 30 “2016” 30.1 2016: An Unusual year 30.2 Superficial Placidity and Technocratic Paradigms 30.3 Anger Movements 30.4 A Passing of “Big Ideas” 30.5 Actions Without Equal and Opposite Reactions 30.6 Broken Mirrors 30.7 The Roots of2016 30.8 A Turning Point, But Nowhere to Turn? References 847 849 852 854 857 859 863 866 868 871 31 Populism, Elitism and Identity 31.1 A Misunderstood Neologism 31.2 The Rise of Democracy 31.3 Order Versus Chaos 31.4 Technocracy and the Ideology of Elitism 31.5 The California Ideology 31.6 Networks Versus Hierarchies 875 876 878 880 883 885 887
xxiv CONTENTS The Elitism of the Professional Class The Degradation of Political Institutions The Imperfect Refuges of Identity and Populism 31.9.1 Identity 31.9.2 Populism 31.10 Identity Politics, Citizenship and the Modern Liberal Democratic Challenge References 888 890 894 894 897 Old Models, New Realities 32.1 Two Mid-Cen tury Visions of the Future 32.2 A Scientific Paradise 32.3 The New Optimists 32.4 The World as It Is? 32.4.1 Limits to Resources 32.4.2 Limits to Control 32.4.3 Limits to Knowing 32.4.4 Corporatisation, Formalisation, Bureaucratisation 32.4.5 Instrumentalism Versus Values 32.4.6 Unintegrated Meaning and Immateriality 32.4.7 Mediated Reality 32.4.8 “Mass Everything» 32.4.9 Freedom and Identity 32.5 Old Models. New Realities References 907 909 912 914 915 916 920 925 31.7 31.8 31.9 32 Bibliography Index 898 903 927 930 933 935 938 938 941 944 949 1001
This book provides a crosscutting interdisciplinary account of how the disintegrated, global subsistence economy circa 1800 has transformed into a global complex delivering unprecedented levels of material production and consumption. Applying major findings from economics, history/historiography, and sociology (as well as from anthropology, psychology, politics, and environmental studies), the analysis tracks the ways in which changes in 'society' (including social structures, values, and forces) have changed 'individuals' (including conceptions of race, gender, and identity) and vice versa. These changes have simultaneously homogenised and diversified societies and individuals in distinct but sometimes contradictory ways, opening up many possible worlds from an individual and group perspective. Yet, the scale and pace of change has also led to increasing existential challenges. The narrative consists of 30 chapters organized into 10 subsets of 3: one chapter on a relevant core idea; one chapter focused on historical narrative and titled after a representative year; and one chapter on a relevant associated crosscutting theme. Major regional and topical discussions are provided, with special attention paid to business and organisational change and developing world scholarship. Small discussion 'boxes' focusing on illustrative cases and details are presented throughout the book. The last chapter contains over-arching conclusions. |
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| discipline | Geschichte Wirtschaftswissenschaften |
| discipline_str_mv | Geschichte Wirtschaftswissenschaften |
| era | Geschichte 1800-2016 gnd |
| era_facet | Geschichte 1800-2016 |
| format | Book |
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| index_date | 2024-07-03T21:14:24Z |
| indexdate | 2024-07-10T09:43:18Z |
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| spelling | Gordon, Cameron E. Verfasser (DE-588)171447611 aut Many possible worlds an interdisciplinary history of the world economy since 1800 Cameron Gordon Palgrave Macmillan [2023] © 2023 lii, 1033 Seiten Illustrationen, Digramme, Karten txt rdacontent n rdamedia nc rdacarrier Geschichte 1800-2016 gnd rswk-swf Wirtschaftsentwicklung (DE-588)4066438-7 gnd rswk-swf Industrielle Revolution (DE-588)4072790-7 gnd rswk-swf Globalisierung (DE-588)4557997-0 gnd rswk-swf Entwicklung (DE-588)4113450-3 gnd rswk-swf Gesellschaft (DE-588)4020588-5 gnd rswk-swf Industrielle Revolution (DE-588)4072790-7 s Globalisierung (DE-588)4557997-0 s Wirtschaftsentwicklung (DE-588)4066438-7 s Gesellschaft (DE-588)4020588-5 s Entwicklung (DE-588)4113450-3 s Geschichte 1800-2016 z b DE-604 Erscheint auch als Online-Ausgabe 978-981-19-9281-0 Digitalisierung UB Regensburg - ADAM Catalogue Enrichment application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=033999484&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis Digitalisierung UB Augsburg - ADAM Catalogue Enrichment application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=033999484&sequence=000003&line_number=0002&func_code=DB_RECORDS&service_type=MEDIA Klappentext |
| spellingShingle | Gordon, Cameron E. Many possible worlds an interdisciplinary history of the world economy since 1800 Wirtschaftsentwicklung (DE-588)4066438-7 gnd Industrielle Revolution (DE-588)4072790-7 gnd Globalisierung (DE-588)4557997-0 gnd Entwicklung (DE-588)4113450-3 gnd Gesellschaft (DE-588)4020588-5 gnd |
| subject_GND | (DE-588)4066438-7 (DE-588)4072790-7 (DE-588)4557997-0 (DE-588)4113450-3 (DE-588)4020588-5 |
| title | Many possible worlds an interdisciplinary history of the world economy since 1800 |
| title_auth | Many possible worlds an interdisciplinary history of the world economy since 1800 |
| title_exact_search | Many possible worlds an interdisciplinary history of the world economy since 1800 |
| title_exact_search_txtP | Many possible worlds an interdisciplinary history of the world economy since 1800 |
| title_full | Many possible worlds an interdisciplinary history of the world economy since 1800 Cameron Gordon |
| title_fullStr | Many possible worlds an interdisciplinary history of the world economy since 1800 Cameron Gordon |
| title_full_unstemmed | Many possible worlds an interdisciplinary history of the world economy since 1800 Cameron Gordon |
| title_short | Many possible worlds |
| title_sort | many possible worlds an interdisciplinary history of the world economy since 1800 |
| title_sub | an interdisciplinary history of the world economy since 1800 |
| topic | Wirtschaftsentwicklung (DE-588)4066438-7 gnd Industrielle Revolution (DE-588)4072790-7 gnd Globalisierung (DE-588)4557997-0 gnd Entwicklung (DE-588)4113450-3 gnd Gesellschaft (DE-588)4020588-5 gnd |
| topic_facet | Wirtschaftsentwicklung Industrielle Revolution Globalisierung Entwicklung Gesellschaft |
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