TY - JOUR
T1 - Contours of a Multipolar Century
AU - Kellogg, Paul
N1 - Publisher Copyright:
© 2015 Association for Economic and Social Analysis.
PY - 2015/10/2
Y1 - 2015/10/2
N2 - In the twenty-first century, two key frameworks have emerged by which to understand the dynamics and tendencies of the world system: one which sees a consolidation of U.S. hegemony and another which sees the emergence of a multipolar architecture of competing centers of capital accumulation. Radhika Desai's Geopolitical Economy offers a comprehensive, persuasive, and clearly argued case for the latter. Highlighting the framework of uneven and combined development (UCD) to explain the emergence of new centers of capital accumulation, Desai argues that U.S. imperial domination was never as complete or durable as often claimed, that its empire was only a shadow of the unique domination of the world system once exercised by the British, and that this is a definitively new era of multipolar capitalism; old categories such as “globalization” and “empire” need to be critically reexamined and in some cases discarded. This essay surveys Desai's case and adds evidence.
AB - In the twenty-first century, two key frameworks have emerged by which to understand the dynamics and tendencies of the world system: one which sees a consolidation of U.S. hegemony and another which sees the emergence of a multipolar architecture of competing centers of capital accumulation. Radhika Desai's Geopolitical Economy offers a comprehensive, persuasive, and clearly argued case for the latter. Highlighting the framework of uneven and combined development (UCD) to explain the emergence of new centers of capital accumulation, Desai argues that U.S. imperial domination was never as complete or durable as often claimed, that its empire was only a shadow of the unique domination of the world system once exercised by the British, and that this is a definitively new era of multipolar capitalism; old categories such as “globalization” and “empire” need to be critically reexamined and in some cases discarded. This essay surveys Desai's case and adds evidence.
KW - China
KW - Multipolarity
KW - Reserve Currency
KW - U.S. Hegemony
KW - Uneven and Combined Development
UR - http://www.scopus.com/inward/record.url?scp=84945137065&partnerID=8YFLogxK
U2 - 10.1080/08935696.2015.1076962
DO - 10.1080/08935696.2015.1076962
M3 - Journal Article
AN - SCOPUS:84945137065
SN - 0893-5696
VL - 27
SP - 558
EP - 570
JO - Rethinking Marxism
JF - Rethinking Marxism
IS - 4
ER -