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Item Details
Title: ADAM SMITH IN BEIJING
LINEAGES OF THE 21ST CENTURY
By: Giovanni Arrighi
Format: Paperback

List price: £25.99


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ISBN 10: 1844672980
ISBN 13: 9781844672981
Publisher: VERSO BOOKS
Pub. date: 1 January, 2009
Pages: 432
Description: In the late eighteenth century, the political economist Adam Smith predicted an eventual equalization of power between the conquering West and the conquered non-West. This book demonstrates Smith's continued relevance to understanding China's extraordinary rise.
Synopsis: In the late eighteenth century, the political economist Adam Smith predicted an eventual equalization of power between the conquering West and the conquered non-West. Demonstrating Smith's continued relevance to understanding China's extraordinary rise, Arrighi examines the events that have brought it about, and the increasing dependence of US wealth and power on Chinese imports and purchases of US Treasury bonds. In the 21st century China may well become again the kind of non-capitalist market economy that Smith described, under totally different domestic and world-historical conditions.
Illustrations: ill
Publication: UK
Imprint: Verso Books
Returns: Returnable
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