How did the Kachchhi traders build on the Gujarat Advantage? In the eighteenth and early nineteenth centuries, during the dying days of the Mughal empire, merchants from Kachchh established a flourishing overseas trade. Building on a rich legacy of free trade in pre-modern times between the many ports of Gujarat and the Middle East, the Kachchhis dealt in pearls, dates, spices and ivory with the faraway lands of Muscat and Zanzibar. The Kachchhi merchants behaved much like today’s venture capitalists. They knew how to grow capital, seek new markets, and create them where they didn’t exist. They also had a phenomenal risk appetite. What they were able to practise was nothing less than the traits of globalization before its time. This new book in The Story of Indian Business series tells their fascinating story.

The World in the Year 1000 -- Go West, Young Viking -- The Pan-American Highways of 1000 -- European Slaves -- The World's Richest Man -- Central Asia Splits in Two -- Surprising Journeys -- The Most Globalized Place on Earth.

Explores globalization, its opportunities for individual empowerment, its achievements at lifting millions out of poverty, and its drawbacks--environmental, social, and political.

As new networks of railways, steamships, and telegraph communications brought distant places into unprecedented proximity, previously minor discrepancies in local time-telling became a global problem. Vanessa Ogle’s chronicle of the struggle to standardize clock times and calendars from 1870 to 1950 highlights the many hurdles that proponents of uniformity faced in establishing international standards. Time played a foundational role in nineteenth-century globalization. Growing interconnectedness prompted contemporaries to reflect on the annihilation of space and distance and to develop a global consciousness. Time—historical, evolutionary, religious, social, and legal—provided a basis for comparing the world’s nations and societies, and it established hierarchies that separated “advanced” from “backward” peoples in an age when such distinctions underwrote European imperialism. Debates and disagreements on the varieties of time drew in a wide array of observers: German government officials, British social reformers, colonial administrators, Indian nationalists, Arab reformers, Muslim scholars, and League of Nations bureaucrats. Such exchanges often heightened national and regional disparities. The standardization of clock times therefore remained incomplete as late as the 1940s, and the sought-after unification of calendars never came to pass. The Global Transformation of Time reveals how globalization was less a relentlessly homogenizing force than a slow and uneven process of adoption and adaptation that often accentuated national differences.

"One of the most comprehensive histories of modern capitalism yet written." —Michael Hirsh, New York Times An authoritative, insightful, and highly readable history of the twentieth-century global economy, updated with a new chapter on the early decades of the new century. Global Capitalism guides the reader from the globalization of the early twentieth century and its swift collapse in the crises of 1914–45, to the return to global integration at the end of the century, and the subsequent retreat in the wake of the financial crisis of 2008.

In this work, Jurgen Osterhammel and Niels Petersson make the case that globalization is not so new, after all. Arguing that the world did not turn "global" overnight, the book traces the emergence of globalization over the past seven or eight centuries. In fact, the authors write, the phenomenon can be traced back to early modern large-scale trading, for example, the silk trade between China and the Mediterranean region, the shipping routes between the Arabian Peninsula and India, and the more frequently travelled caravan routes of the Near East and North Africa, all conduits for people, goods, coins, artwork, and ideas.

A spirited and incisive work of socioeconomic analysis.