Capitalism: A Global History by Sven Beckert
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ISBN: 9780241269053
Publisher: Allen Lane - 25 November 2025
Hardcover, 1344 Pages
A Financial Times Book of the Year.
Capitalism, argues Beckert, was born global. Emerging from merchant communities across Asia, Africa and Europe, capitalism’s radical recasting of economic life rooted itself only gradually. Then it burst onto the world scene, as European states and merchants built a powerful alliance that would propel them across the oceans. This epic drama corresponded at no point to an idealised dream of free markets. All along, state-backed institutions and imperial expansions shaped its dynamics.