The rise of China is no doubt one of the most important events in world economic history since the Industrial Revolution. Mainstream economics, especially the institutional theory of economic development based on a dichotomy of extractive vs. inclusive political institutions, is highly inadequate in explaining China's rise. This book argues that only a radical reinterpretation of the history of the Industrial Revolution and the rise of the West (as incorrectly portrayed by the institutional theory) can fully explain China's growth miracle and why the determined rise of China is unstoppable despite its current 'backward' financial system and political institutions. Conversely, China's spectacular and rapid transformation from an impoverished agrarian society to a formidable industrial superpower sheds considerable light on the fundamental shortcomings of the institutional theory and mainstream 'blackboard' economic models, and provides more-accurate reevaluations of historical episodes such as Africa's enduring poverty trap despite radical political and economic reforms, Latin America's lost decades and frequent debt crises, 19th century Europe's great escape from the Malthusian trap, and the Industrial Revolution itself.

Between the end of the Middle Ages and the Industrial Revolution, the long-established structures and practices of European agriculture and industry were slowly, disparately, but profoundly transformed. Transitions to Capitalism in Early Modern Europe, first published in 1997, narrates and analyzes the diverse patterns of economic change that permanently modified rural and urban production, altered Europe's economy and geography, and gave birth to new social classes. Broad in chronological and geographical scope and explicitly comparative, the book introduces readers to a wealth of information drawn from thoughout Mediterranean, east-central, and western Europe, as well as to the classic interpretations and current debates and revisions. The study incorporates scholarship on topics such as the world economy and women's work, and it discusses at length the impact of the emergent capitalist order on Europe's working people.

This collection of essays provides an up-to-date introduction to 'proto-industrialization': the growth of export-oriented domestic industries which took place all over Europe between about 1500 and 1800. Often these industries expanded alongside agriculture, without advanced technology or centralized factories. Since the 1970s, numerous theories have been proposed, arguing that proto-industrialization transformed demographic behaviour, social structure and traditional institutions, and was a major cause of capitalism and factory industrialization. European proto-industrialization summarizes the theories and criticisms, and includes a reconsideration of the original theories, and chapters written by experts on different European countries. It provides an essential guide to an important, yet often confusing, field of economic and social history.

This is a collection of essays on the subjects of agriculture, economy, society and labour, covering major events in British social history and the impact of such factors as imperialism and the Industrial Revolution.

Beginning in the late Middle Ages, and accelerating in the sixteenth and seventeenth centuries, there developed in many rural regions of Europe a domestic industry, mass-producing craft goods for distant markets. This book presents an analysis of this 'industrialization before industrialization', and considers the question whether it constituted a distinct mode of production, different from the preceding feudal economy and from subsequent industrial capitalism, or was part of a process of continuous evolution characterized by the spread of wage labour and the penetration of capitalism into the process of production. It is a full-scale attempt to take a look at the place of proto-industrialization in the genesis of capitalism, and will interest economic and social historians, as well as anthropologists, sociologists, and others concerned with the development of capitalism.

These essays discuss principal and much-debated issues in European agrarian history within the context of the general economic history of northwestern Europe. The authors endeavor to explain the phenomena with explicit use of economic reasoning, and several of the papers draw on fresh historical source materials. The use of economics provides a relevance beyond the specific historical context, at the same time making possible a broader understanding of the reasons for the persistence, spread, and variation of certain peasant practices and forms of organization. The topics discussed include: the origin, persistence, and demise of the famous open or common field system of village agricultural organization; the development of peasant and rural industry preceding and during the Industrial Revolution; and the nineteenth-century adjustments of agriculture on the continent to world competition. A foreword by William N. Parker describes the economic and social setting to which the essays are relevant and an afterword by Eric L. Jones relates the papers not only to traditional concerns of economic development and European economic history, but also to the history of the European physical and biological environment in the past several centuries. Originally published in 1976. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.