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The epic story of the rise and fall of the empire of cotton, its centrality in the world economy, and its making a remaking and of global capitalism.
Sven Beckert's rich, fascination book tells how the story of how, in a remarkably brief period, European entrepreneurs and powerful statesmen recast the world's most significant manufacturing industry, combining imperial expansion and slave labor with new machines and wage workers to change the world. Here is the story of how, beginning well before the advent of machine production in the 1780's, these men captured ancient trades and skills in Asia, combined them with the expropriation of lands in the Americas and the enslavement of African workers to crucially recast the disparate realms of cotton that had existed for millennia. We see how industrial capitalism then reshaped these worlds of cotton into in empire, and how this empire transformed the world.
The empire of cotton was, from the beginning, a fulcrum