Braudel on Capitalism, or Everything Upside Down

  title={Braudel on Capitalism, or Everything Upside Down},
  author={Immanuel Maurice Wallerstein},
  journal={The Journal of Modern History},
  pages={354 - 361}
  • I. Wallerstein
  • Published 1 June 1991
  • Economics, History
  • The Journal of Modern History
Femand Braudel asked us to take seriously the concept of capitalism as a way of organizing and analyzing the history of the modem world, at least since the fifteenth century. He was not alone in this view, of course. But his approach must be said to have been an unusual one, for he developed a theoretical framework which went against the two theses that both of the two great antagonistic worldviews of the nineteenth century, classical liberalism and classical Marxism, considered central to… 
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