Crises and Hegemonic Transitions reworks the concept of hegemony at the international level and analyses its relation to world market crises. Returning to the critical edition of Gramsci’s Quaderni and maintaining that the author’s work is permeated by Marx’s Capital and the law of value, Fusaro argues that imperialist states strive to constructing hegemonic relations in order to secure capital accumulation using domination and leadership, coercion and consensus, and that economic crises have only the potential to provoke crises of hegemony. Tracing the vicissitudes of US hegemony from the interwar period to the present and assessing the Great Depression’s and the Great Recession’s impact, Fusaro provides a novel way to interpret past and present developments within the world economy.

Tracing the vicissitudes of US hegemony from the interwar period to the present, Fusaro provides a novel Gramscian way to interpret past and present developments within the world economy.

This book offers an assessment of the ongoing transformation of hegemonic order and its domestic and international politics. The current international order is in crisis. Under the Trump administration, the USA has ceased to unequivocally support the institutions it helped to foster. China’s power surge, contestation by smaller states, and the West’s internal struggle with populism and economic discontent have undermined the liberal order from outside and from within. While the diagnosis of a crisis is hardly new, its sources, scope, and underlying politics are still up for debate. Our reading of hegemony diverges from a static concept, toward a focus on the dynamic politics of hegemonic ordering. This perspective includes the domestic support and demand for specific hegemonic goods, the contestation and backing by other actors within distinct layers of hegemonic orders, and the underlying bargaining between the hegemon and subordinate actors. The case studies in this book thus investigate hegemonic politics across regimes (e.g., trade and security), regions (e.g., Asia, Europe, and Global South), and actors (e.g., major powers and smaller states).

History records only one peaceful transition of hegemonic power: the passage from British to American dominance of the international order. To explain why this transition was nonviolent, Kori Schake explores nine points of crisis between Britain and the U.S., from the Monroe Doctrine to the unequal “special relationship” during World War II.

Offering a unique opportunity to make conceptual connections between neoliberalism and political authority, this book examines the transformation in the world economy as an outcome of historically specific social relations.

Revisiting Gramsci’s Notebooks offers a rich collection of historical, philosophical, and political studies addressing the thought of Antonio Gramsci, one of the most significant intellects of the twentieth century. Based on thorough analyses of Gramsci’s texts, these interdisciplinary investigations engage with ongoing debates in different fields of study. They are exciting evidence of the enduring capacity of Gramsci’s thought to generate and nurture innovative inquiries across diverse themes. Gathering scholars from different continents, the volume represents a global network of Gramscian thinkers from early-career researchers to experienced scholars. Combining rigorous explication of the past with a strategic analysis of the present, these studies mobilise underexplored resources from the Gramscian toolbox to confront the actuality of our ‘great and terrible’ world. Contributors include: F. Antonini, A. Bernstein, D. Boothman, W. Buddharaksa, T. Chino, R. Ciavolella, C. Conelli, A. Crézégut, V. Cuppi, Y. Douet, A. Freeland, F. Frosini, L. Fusaro, R. Jackson, A. Loftus, S. Meret, S. Neubauer, A. Panichi, I. Pohn-Lauggas, R. Roccu, B. Settis, A. Showstack Sassoon, A. Suceska, P.D. Thomas, N. Vandeviver, M.N. Wróblewska.

With American leadership facing increased competition from China and India, the question of how hegemons emerge—and are able to create conditions for lasting stability—is of utmost importance in international relations. The generally accepted wisdom is that liberal superpowers, with economies based on capitalist principles, are best able to develop systems conducive to the health of the global economy. In Birth of Hegemony, Andrew C. Sobel draws attention to the critical role played by finance in the emergence of these liberal hegemons. He argues that a hegemon must have both the capacity and the willingness to bear a disproportionate share of the cost of providing key collective goods that are the basis of international cooperation and exchange. Through this, the hegemon helps maintain stability and limits the risk to productive international interactions. However, prudent planning can account for only part of a hegemon’s ability to provide public goods, while some of the necessary conditions must be developed simply through the processes of economic growth and political development. Sobel supports these claims by examining the economic trajectories that led to the successive leadership of the Netherlands, Britain, and the United States. Stability in international affairs has long been a topic of great interest to our understanding of global politics, and Sobel’s nuanced and theoretically sophisticated account sets the stage for a consideration of recent developments affecting the United States.