Jairus Banaji,/A Brief History of Commercial Capitalism/(Chicago,
IL:Haymarket
<https://www.haymarketbooks.org/books/1475-a-brief-history-of-commercial-capitalism>,
2020). 197 pp. $19.95.
***
Jairus Banaji’s short new book argues that most Marxist historians have
got the history of capitalism wrong. They have, he claims been too
‘formalist’: they have tried to force historical evidence into
preconceived categories and periodisations. As a consequence, they have
failed to see how merchant capital dominated production processes over
much of Eurasia for several centuries before, and then alongside, the
rise of industrial capital. Banaji argues that the idea that capitalism
began with ‘free’ wage labourers in the English countryside (as the
‘political Marxists’ have argued) or in English factories is parochial
and misleading.
https://www.rs21.org.uk/2021/02/21/review-of-jairus-banaji-a-brief-history-of-commercial-capitalism/
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