By Michel Beaud

The conquest of the Americas inaugurated the sluggish accumulation of assets and the imperceptible structural changes that culminated within the commercial Revolution. From that second on, capitalism grew and accelerated with a dynamism and suppleness which are now all too regular, making the most of wars or even coping with to rebound after a sequence of devastating financial crises.

In this highly-anticipated revised version of the 1981 vintage, Beaud extends one of many significant strengths of the unique: the interweaving of social, political, and monetary elements within the context of historical past. while, Beaud's research offers a pragmatic and thorough exam of the advancements of capitalism within the final two decades, together with globalization, the accelerating velocity of capital move, and the cave in of the Soviet empire and the following absorption of its inhabitants into the area industry. This new version additionally bargains a very revised structure that integrates diagrams and flow-charts no longer formerly to be had within the English-language edition.

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