Excerpt: /378/ Reading Club: Globalisation (II)

On Giovanni Arrighi's Adam Smith in Beijing: Lineages of the 21st Century
 


[Patreon Tier II & III Exclusive]
 


We discuss the Part 2 of this landmark book from 2008, debating theories of Western economic decline: Robert Brenner's, and Arrighi's critique of it.


 
Points discussed:


Are you 'Team Brenner' or 'Team Arrighi'?


Was neoliberalism a counter-revolution? A passive revolution? A restoration?


How does the depression of the 1870s compare to that of the 1970s or the post-2008 period?


What are the characteristics of our own Belle Époque (1993-2007)


What matters more in explaining the downturn: inter-capitalist global competition? Upward wage pressure? The role of the global South?



Links:


Adam Smith in Beijing: Lineages of the 21st Century, Giovanni Arrighi, Verso (2008)