Adam Smith In Beijing Pa

In the late eighteenth century, the political economist Adam Smith predicted the eventual equalization of power between the West and the territories it had conquered. In this magisterial new work, Giovanni Arrighi shows how China's extraordinary rise invites us to reassess radically the conventional reading of The Wealth of Nations. He examines how recent US attempts to create the first truly global empire were conceived to counter China's spectacular economic success. Now America's disastrous failure in Iraq has made the People's Republic of China the true winner in the US War on Terror.

Giovanni Arrighi is Professor of Sociology at Johns Hopkins University