Sven Beckert’s book offers a compelling exploration of capitalism’s profound impact on human history over the past millennium. He traces its origins from merchant communities in Asia, Africa, and Europe, revealing how it gradually transformed economic life before expanding globally through state-backed institutions and imperial expansions. Beckert challenges the Eurocentric view by emphasizing the diverse global forces of agency, resistance, innovation, and coercion that have shaped capitalism, culminating in the rise of Asian economies like China. This book invites readers to reconsider history and envision new possibilities for the future.

Why You Should Read?

• Provides a global perspective on capitalism’s history, moving beyond the Eurocentric narrative.
• Explores the complex interplay of state power and market forces in shaping economic systems.
• Encourages fresh thinking about history to inspire future visions.
• Highlights the rise of Asian economies and their role in the modern capitalist landscape.