Louw's Pax Americana -- excellent book -- makes the case that the US already had more power at the time, but until WW II, the British were able to outmaneuver the US diplomatically, corroborating what Paul said.
Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail [email protected] michaelperelman.wordpress.com -----Original Message----- From: [email protected] [mailto:[email protected]] On Behalf Of Paul Cockshott Sent: Wednesday, March 30, 2011 11:26 PM To: Jim Devine; Progressive Economics Subject: Re: [Pen-l] MP's new book If one reads books written just after 1918 the British Empire is still seen as the dominant world power, but it had already made huge financial losses, it was defeat by Japan in the second wold war which destroted it. Paul --- original message --- From: "Jim Devine" <[email protected]> Subject: [Pen-l] MP's new book Date: 30th March 2011 Time: 11:33:21 pm michael perelman wrote: > In The Invention of Capitalism, I mostly dealt with domestic primitive > accumulation in England. In my new book in progress, I treat > primitive accumulation in the colonies as the fuel of the domestic > economy, but also as an ultimately self-defeating project because much > of the surplus was dissipated in imperial wars. As a result, the > great imperial powers, Spain, Portugal, Holland, England ended up as > lesser powers. England ended up as a lesser power? in which century? -- Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own way and let people talk.) -- Karl, paraphrasing Dante. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l The University of Glasgow, charity number SC004401 _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
