European Parliament Library

Multicultural origins of the global economy, beyond the western-centric frontier, John M. Hobson.

Label
Multicultural origins of the global economy, beyond the western-centric frontier, John M. Hobson.
Language
eng
Index
index present
Literary Form
non fiction
Main title
Multicultural origins of the global economy
Medium
electronic resource
Nature of contents
dictionaries
Oclc number
1237408442
Responsibility statement
John M. Hobson.
Sub title
beyond the western-centric frontier
Summary
Westerners on both the left and right overwhelmingly conflate globalisation with Westernisation and presume that the global economy is a pure Western-creation. Taking on the traditional Eurocentric Big Bang theory, or the 'expansion of the West' narrative, this book reveals the multicultural origins of globalisation and the global economy, not so as to marginalise the West but to show how it has long been embedded in complex interconnections and co-constitutive interactions with non-Western actors/agents and processes. The central empirical theme is the role of Indian structural power that was derived from Indian cotton textile exports. Indian structural power organised the first (historical-capitalist) global economy between 1500 and c.1850 and performed a vital, albeit indirect, role in the making of Western empire, industrialisation and the second (modern-capitalist) global economy. These textiles underpinned the complex inter-relations between Africa, West/Central/East/Southeast Asia, the Americas and Europe that collectively drove global economic development forward
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