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Retrospective: 9.
Why did the industrial revolution take place in 18th century Britain and not elsewhere in Europe or Asia? Robert Allen argues that the British industrial revolution was a successful response to the global economy of the 17th and 18th centuries.
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A transnational survey of the economic development of Europe, exploring why some regions advanced and some stayed behind.
The first volume of The Cambridge History of Capitalism provides a comprehensive account of the evolution of capitalism from its earliest beginnings. Starting with its distant origins in ancient Babylon, successive chapters trace progression up to the 'Promised Land' of capitalism in America. Adopting a wide geographical coverage and comparative perspective, the international team of authors discuss the contributions of Greek, Roman, and Asian civilizations to the development of capitalism, as well as the Chinese, Indian and Arab empires. They determine what features of modern capitalism were present at each time and place, and why the various precursors of capitalism did not survive. Looking at the eventual success of medieval Europe and the examples of city-states in northern Italy and the Low Countries, the authors address how British mercantilism led to European imitations and American successes, and ultimately, how capitalism became global.
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First published in 1973, this is a radical interpretation, offering a unified explanation for the growth of Western Europe between 900 A. D. and 1700, providing a general theoretical framework for institutional change geared to the general reader.
Annotation The second volume of The Cambridge Economic History of Europe, first published in 1952, was a survey by an international group of specialist scholars covering trade and industry in pre-Roman, Roman and Byzantine Europe, the medieval trade of northern and southern Europe, and the histories of medieval woollen manufacture, mining and metallurgy, and building in stone. This second edition, in addition to revising most chapters and the bibliographies appended to them, also fills gaps which arose from the wartime and post-war circumstances in which the first edition was written. New chapters provide accounts of the trade and industry of eastern Europe, of medieval Europe's trade with Asia and Africa, and of medieval coinage and currency. Taken with volumes I and III of the series, this volume is designed to complete a comprehensive review of the economic history of medieval Europe as a whole. It was planned by the late Sir Michael Postan, and was largely completed under his editorship.