Abstract

This is an ambitious survey of the history and state of the world economy, covering the major upheavals of the capitalist system over the last 100 years.

Bill Dunn provides an original and enlightening explanation of the state of the world economy. He covers all the main aspects of global political economy explaining the theories behind production, trade, finance and relations between rich and poor countries. He also tackles the question of the origin of capitalism, a debate that always proves popular among students and academics. Dunn also includes a critique of alternative perspectives, showing that Marxism still provides the best analytical tools for understanding the global economy.

This comprehensive text is a must for students of politics and economics who are keen to understand how the economy reached its current stage and what the future is likely to bring.
'Bill Dunn uses an impressive array of theoretical, historical and empirical reasoning to offer a powerful analysis of contemporary capitalism'
Ben Fine, Professor of Economics at the University of London's School of Oriental and African Studies
'This insightful text puts social power and the social organisation of production together again at the heart of IPE'
Mark Rupert
'A clear and comprehensive account of global capitalism today. An indispensable antidote to conventional textbooks, this book will be valued by students and activists alike'
Hugo Radice, Senior Lecturer in International Political Economy, University of Leeds
'This timely and accessible book presents us with an historically embedded account of what the new global political economy has wrought'
Christopher May, Professor of Political Economy, Lancaster University