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Volume III investigates what Braudel terms "world-economies"—the economic dominance of a particular city at different periods of history, from Venice to Amsterdam, London, New York.
Originally published in the early 1980s, Civilization traces the social and economic history of the world from the Middle Ages to the Industrial Revolution, although his primary focus is Europe. Braudel skims over politics, wars, etc., in favor of examining life at the grass roots: food, drink, clothing, housing, town markets, money, credit, technology, the growth of towns and cities, and more. The history is fascinating and made even more interesting by period prints and drawings. Copyright 1999 Cahners Business Information.
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Richard Selmon
reviewed Civilization and Capitalism, 15th-18th Century, Vol. III: The Perspective of the World on February 08, 2015 Civilization and Capitalism, 15th-18th Century, Vol. III: The Perspective of the World
What Henry Hope, a leading Amsterdam businessman once said of trade in 1784 after the fourth Anglo-Dutch War, could also be said of capitalism: 'It is often ill but it never dies'.
This final volume of Braudel was often both enthralling and crushing but not ultimately as satisfying as the first, The Structures of Everyday Life. I base that verdict on two observations: 1) the first section is almost entirely a response to Immanuel Wallerstein's theory of the Core and the Periphery and 2)the slight shift of focus afforded the east, particularly China. The first objection was very topical as Wallerstein's books on World-Systems were all the rage when Braudel's The Perspective of the World was published and translated. I don't understand the second fact at all. Braudel was masterful in the first volume comparing Western Europe with Asia as well as the Americas. Maybe my inability to peruse the second volume (faulty spine) thwarted my appreciation here.
The Perspective of the World begins with the idea of a World Economy -- one operating on an inside outside basis from a particular city: Genoa, Venice, Antwerp, Amsterdam and London are the sequential hubs under discussion. How such grew in structure and complexity from medieval Champaign Fairs (routine meetings where merchants traded their goods) through advances in Banking until Colonialism coupled with Credit changes the world.
Around page 385 Braudel finally shifts focus from Europe to "non-Europe". The Americas, Muscovy/Russia and the Ottomans are discussed before arriving finally at India.
The tome concludes with an amazing analysis of the Industrial Revolution. This should've warranted another book, but one's industry doesn't spring eternal. I feel exhausted, but enhanced by the toil and certainly ready for more.
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