For too long there has been an unquestioning acceptance that Britain's economic decline began long before the First World War. By focusing on international trade in the 1873-1914 period this book analyses the facts behind this myth, examining Britain's performance in comparison with that of its major rivals in the very areas where they came into competition with each other. What emerges is a much more complex picture of both losses and gains, in which Britain's position gradually adjusted to a changing world economic order, and appeared to be doing so remarkably successfully.

Centrist liberalism as ideology -- Constructing the liberal state, 1815/1830 -- The liberal state and class conflict, 1830/1875 -- The citizen in a liberal state -- Liberalism as social science -- The argument restated.

"The Modern World System", Immanuel Wallerstein's influential multivolume reinterpretation of global history, traces the emergence and development of the modern world from the sixteenth century to the twentieth. -- From publisher's description.

By 1880, London, capital of the largest empire ever known, was the richest, most populous city in the world. And yet it remained an overcrowded, undergoverned city with huge slums gripped by poverty and disease. Over the next three decades, London began its transformation into a new kind of city - one of unprecedented size, dynamism and technological advance. In this highly evocative account, Stephen Iinwood defines an era of unique character and importance by delving into the lives and textures of the booming city. He takes us - by hansom cab, bicycle, electric tram or motor bus - from the glittering new department stores of Oxford Street to the synagogues and sweat shops of the East End, from bohemian bars and gaudy mushc halls to the well-kept gardens of Edwardian surburbia. 'Essential reading for the scholar, the historian and the lover of London. ..He is equally at home with the grand sweep and the human detail, always supported by immaculate research...Inwood can throw off with elegant ease a concise explanation of technicalities that the reader was vaguely aware of not understanding and perhaps meant to look up sometime.' Liza Picard Financial Times Magazine

Focusing on the great population movement of British emigrants before 1914, this book provides a perspective on the relationship between empire and globalisation. It shows how distinct structures of economic opportunity developed around the people who settled across a wider British World through the co-ethnic networks they created. Yet these networks could also limit and distort economic growth. The powerful appeal of ethnic identification often made trade and investment with racial 'outsiders' less appealing, thereby skewing economic activities toward communities perceived to be 'British'. By highlighting the importance of these networks to migration, finance and trade, this book contributes to debates about globalisation in the past and present. It reveals how the networks upon which the era of modern globalisation was built quickly turned in on themselves after 1918, converting racial, ethnic and class tensions into protectionism, nationalism and xenophobia. Avoiding such an outcome is a challenge faced today.

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The argument about the limits of Free Trade or Protectionism rages throughout the world to this day. Following the Repeal of the Corn Laws in 1846, free trade became one of the most distinctive defining features of the British state, and of British economic, social, and political life. Whilethe United States, much of the British Empire, and the leading European Powers turned towards protectionism before 1914, Britain alone held to a policy which had seemingly guaranteed power and prosperity. This book seeks to explain the political history of this tenacious loyalty. While the TariffReform opponents of free trade have been much studied, this is the first substantial account, based on a wide range of printed and archival sources, which explains the primacy of free trade in nineteenth- and early-twentieth century Britain. It also shows that by the centenary of the Repeal of theCorn Laws in 1946, although British free traders lamented the death of Liberal England, they heralded, under American leadership, the rebirth of the liberal international order.