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The Great Divergence: China, Europe, and the Making of the Modern World Economy » (1st Edition)

Book cover image of The Great Divergence: China, Europe, and the Making of the Modern World Economy by Kenneth Pomeranz

Authors: Kenneth Pomeranz
ISBN-13: 9780691090108, ISBN-10: 0691090106
Format: Paperback
Publisher: Princeton University Press
Date Published: November 2001
Edition: 1st Edition

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Author Biography: Kenneth Pomeranz

Book Synopsis

"Pomeranz uses that European invention--economics--to overturn Eurocentrism, establishing beyond cavil a New Fact in our world. Never again will Europeans imagine they stood alone in the doorway of economic growth. Pomeranz and his colleagues in the new sinology have reintroduced the Central Kingdom and its stunning historical sources, and Pomeranz has written the one essential book."--Deirdre McClosky, University of Iowa

"Pomeranz uses a mixture of institutional forces and technological/geological luck to explain how an economic and ecological 'tie game' suddenly became a victory for western Europe over China. He combines global imagination with the scientific detail needed to make his points hold firm. The Great Divergence should command widespread respect."--Peter H. Lindert, University of California, Davis

"A truly magisterial effort based on an immense knowledge of the field, a vast amount of reading, and on close and careful analysis, informed by both social science and history."--Joel Mokyr, Northwestern University

"This is an outstanding book, painstaking and devastating in its attack on received wisdom, supported by a wealth of solid evidence and elegant argument."--Jack A. Goldstone, University of California, Davis

National Interest - Richard Rosencrance

Following a line of argument pioneered by Arthur Lewis, the late economics Nobel laureate from Princeton University, Pomeranz shows in The Great Divergence that industrial development depends upon countries overcoming the "land constraint." This means that countries must increase productivity on the land to free labor to work in factories and mines. They need a surplus on the farms to support consumption in the cities, and they also must raise capital to invest in industry.

Table of Contents

Acknowledgmentsix
Introduction
Comparisons, Connections, and Narratives of European Economic Development3
Variations on the Europe-Centered Story: Demography, Ecology, and Accumulation10
Other Europe-Centered Stories: Markets, Firms, and Institutions14
Problems with the Europe-Centered Stories16
Building a More Inclusive Story17
Comparisons, Connections, and the Structure of the Argument24
A Note on Geographic Coverage25
Part 1A World of Surprising Resemblances29
1Europe before Asia? Population, Capital Accumulation, and Technology in Explanations of European Development31
Agriculture, Transport, and Livestock Capital32
Living Longer? Living Better?36
Birthrates40
Accumulation?42
What about Technology?43
2Market Economies in Europe and Asia69
Land Markets and Restrictions on Land Use in China and Western Europe70
Labor Systems80
Migration, Markets, and Institutions82
Markets for Farm Products86
Rural Industry and Sideline Activities86
Family Labor in China and Europe: "Involution" and the "Industrious Revolution"91
Conclusion to Part 1: Multiple Cores and Shared Constraints in the Early Modern World Economy107
Part 2From New Ethos to New Economy? Consumption, Investment, and Capitalism109
Introduction111
3Luxury Consumption and the Rise of Capitalism114
More and Less Ordinary Luxuries114
Everyday Luxuries and Popular Consumption in Early Modern Europe and Asia116
Consumer Durables and the "Objectification" of Luxury127
Exotic Goods and the Velocity of Fashion: Global Conjuncture and the Appearance of Culturally Based Economic Difference152
Luxury Demand, Social Systems, and Capitalist Firms162
4Visible Hands: Firm Structure, Sociopolitical Structure, and "Capitalism" in Europe and Asia166
Overseas Extraction and Capital Accumulation: The Williams Thesis Revisited186
The Importance of the Obvious: Luxury Demand, Capitalism, and New World Colonization189
Interstate Competition, Violence, and State Systems: How They Didn't Matter and How They Did194
Conclusion to Part 2: The Significance of Similarities--and of Differences206
Part 3Beyond Smith and Malthus: from Ecological Constraints to Sustained Industrial Growth209
5Shared Constraints: Ecological Strain in Western Europe and East Asia211
Deforestation and Soil Depletion in China: Some Comparisons with Europe225
Trading for Resources with Old World Peripheries: Common Patterns and Limits of Smithian Solutions to Quasi-Malthusian Problems242
6Abolishing the Land Constraint: The Americas as a New Kind of Periphery264
Another New World, Another Windfall: Precious Metals269
Some Measurements of Ecological Relief: Britain in the Age of the Industrial Revolution274
Comparisons and Calculations: What Do the Numbers Mean?279
Beyond and Besides the Numbers281
Into an Industrial World283
Last Comparisons: Labor Intensity, Resources, and Industrial "Growing Up"285
Appendix AComparative Estimates of Land Transport Capacity per Person: Germany and North India, circa 1800301
Appendix BEstimates of Manure Applied to North China and European Farms in the Late Eighteenth Century, and a Comparison of Resulting Nitrogen Fluxes303
Appendix CForest Cover and Fuel-Supply Estimates for France, Lingnan, and a Portion of North China, 1700-1850307
Appendix DEstimates of "Ghost Acreage" Provided by Various Imports to Late Eighteenth- and Early Nineteenth-Century Britain313
Appendix EEstimates of Earning Power of Rural Textile Workers in the Lower Yangzi Region of China, 1750-1840316
Appendix FEstimates of Cotton and Silk Production, Lower Yangzi and China as a Whole, 1750 and Later--With Comparisons to United Kingdom, France, and Germany327
Bibliography339
Index373

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