The Anxious Triumph: A Global History of Capitalism, 1860-1914

'A magnum opus, an accessible and genuinely global history ... This is a book for today and tomorrow' Financial Times

Capitalist enterprise has existed in some form since ancient times, but the globalization and dominance of capitalism as a system began in the 1860s when, in different forms and supported by different political forces, states all over the world developed their modern political frameworks: the unifications of Italy and Germany, the establishment of a republic in France, the elimination of slavery in the American south, the Meiji Restoration in Japan, the emancipation of the serfs in Tsarist Russia. This book magnificently explores how, after the upheavals of industrialisation, a truly global capitalism followed. For the first time in the history of humanity, there was a social system able to provide a high level of consumption for the majority of those who lived within its bounds. Today, capitalism dominates the world.

With wide-ranging scholarship, Donald Sassoon analyses the impact of capitalism on the histories of many different states, and how it creates winners and losers by constantly innovating. This chronic instability, he writes, 'is the foundation of its advance, not a fault in the system or an incidental by-product'. And it is this instability, this constant churn, which produces the anxious triumph of his title. To control or alleviate such anxieties it was necessary to create a national community, if necessary with colonial adventures, to develop a welfare state, to intervene in the market economy, and to protect it from foreign competition. Capitalists needed a state to discipline them, to nurture them, and to sacrifice a few to save the rest: a state overseeing the war of all against all.

Vigorous, argumentative, surprising and constantly stimulating, The Anxious Triumph gives a fresh perspective on all these questions and on its era. It is a masterpiece by one of Britain's most engaging and wide-ranging historians.

1130652031
The Anxious Triumph: A Global History of Capitalism, 1860-1914

'A magnum opus, an accessible and genuinely global history ... This is a book for today and tomorrow' Financial Times

Capitalist enterprise has existed in some form since ancient times, but the globalization and dominance of capitalism as a system began in the 1860s when, in different forms and supported by different political forces, states all over the world developed their modern political frameworks: the unifications of Italy and Germany, the establishment of a republic in France, the elimination of slavery in the American south, the Meiji Restoration in Japan, the emancipation of the serfs in Tsarist Russia. This book magnificently explores how, after the upheavals of industrialisation, a truly global capitalism followed. For the first time in the history of humanity, there was a social system able to provide a high level of consumption for the majority of those who lived within its bounds. Today, capitalism dominates the world.

With wide-ranging scholarship, Donald Sassoon analyses the impact of capitalism on the histories of many different states, and how it creates winners and losers by constantly innovating. This chronic instability, he writes, 'is the foundation of its advance, not a fault in the system or an incidental by-product'. And it is this instability, this constant churn, which produces the anxious triumph of his title. To control or alleviate such anxieties it was necessary to create a national community, if necessary with colonial adventures, to develop a welfare state, to intervene in the market economy, and to protect it from foreign competition. Capitalists needed a state to discipline them, to nurture them, and to sacrifice a few to save the rest: a state overseeing the war of all against all.

Vigorous, argumentative, surprising and constantly stimulating, The Anxious Triumph gives a fresh perspective on all these questions and on its era. It is a masterpiece by one of Britain's most engaging and wide-ranging historians.

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The Anxious Triumph: A Global History of Capitalism, 1860-1914

The Anxious Triumph: A Global History of Capitalism, 1860-1914

by Donald Sassoon
The Anxious Triumph: A Global History of Capitalism, 1860-1914

The Anxious Triumph: A Global History of Capitalism, 1860-1914

by Donald Sassoon

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Overview

'A magnum opus, an accessible and genuinely global history ... This is a book for today and tomorrow' Financial Times

Capitalist enterprise has existed in some form since ancient times, but the globalization and dominance of capitalism as a system began in the 1860s when, in different forms and supported by different political forces, states all over the world developed their modern political frameworks: the unifications of Italy and Germany, the establishment of a republic in France, the elimination of slavery in the American south, the Meiji Restoration in Japan, the emancipation of the serfs in Tsarist Russia. This book magnificently explores how, after the upheavals of industrialisation, a truly global capitalism followed. For the first time in the history of humanity, there was a social system able to provide a high level of consumption for the majority of those who lived within its bounds. Today, capitalism dominates the world.

With wide-ranging scholarship, Donald Sassoon analyses the impact of capitalism on the histories of many different states, and how it creates winners and losers by constantly innovating. This chronic instability, he writes, 'is the foundation of its advance, not a fault in the system or an incidental by-product'. And it is this instability, this constant churn, which produces the anxious triumph of his title. To control or alleviate such anxieties it was necessary to create a national community, if necessary with colonial adventures, to develop a welfare state, to intervene in the market economy, and to protect it from foreign competition. Capitalists needed a state to discipline them, to nurture them, and to sacrifice a few to save the rest: a state overseeing the war of all against all.

Vigorous, argumentative, surprising and constantly stimulating, The Anxious Triumph gives a fresh perspective on all these questions and on its era. It is a masterpiece by one of Britain's most engaging and wide-ranging historians.


Product Details

ISBN-13: 9780241315170
Publisher: Penguin UK
Publication date: 06/27/2019
Sold by: Barnes & Noble
Format: eBook
Pages: 800
File size: 8 MB

About the Author

Donald Sassoon is Emeritus Professor of Comparative European History at Queen Mary, University of London. His previous books include One Hundred Years of Socialism (1996), Mona Lisa (2001) and The Culture of the Europeans (2006), all widely translated. He gives lectures at universities and conferences all over the world.

Table of Contents

Acknowledgements ix

List of Tables xi

Introduction xiii

Part 1 The Condition of the World

1 New States, Old States 3

2 The Lives of the People 38

Part 2 Becoming Modern

3 Westernizing the East 89

4 The Allure of Industry 118

5 The State 134

6 Taxation 158

7 Laggards and Pathbreakers 165

8 Russia: The Reluctant Laggard 197

9 The American Challenge and the Love of Capital 219

Part 3 Involving the Demos

10 Building the Nation 247

11 A Yearning for Democracy Sweeps the World 267

12 Keeping the 'Outsiders' Out 288

13 Suffrage 310

14 Private Affluence, Public Welfare 337

15 Managing Capital and Labour 365

16 God and Capitalism 386

Part 4 Facing the World

17 Europe Conquers All 413

18 The Great Colonial Debate: The French and the British 450

19 The First Global Crisis 478

20 Protecting the Economy 491

Conclusion: Still Triumphant? Still Anxious? 506

Bibliography 531

Notes 613

Index 709

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