Historical Capitalism

This revised edition provides a condensation of the central ideas of Immanuel Wallerstein's study of capitalism as an integrated, historical entity: the modern world system. In developing an anatomy of capitalism over the past five centuries, Wallerstein traces those elements that have constantly changed and evolved, while giving equal attention to features of historical capitalism that have necessarily remained constant. A new essay on Capitalist civilization furnishes a balance-sheet of the world-system in the age of neo-liberalism.