By Paul Krugman
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Extra resources for A Country Is Not a Company
They have illuminated the broad historical terrain of imperialism and its relation to processes of capital accumulation. They have elucidated European representations of non-European ‘others’ and confronted them with the ‘contrapuntality’ created by the colonial experience and by subaltern voices. But the dynamism of their analyses continually comes up against, and is undermined by, myths popularized by conventional European historiography. Consequently, they fail to fully ‘de-centre’ and properly resituate Europe in global development.
However, a number of scholars argue that the qualitative difference between the European-dominated system and the previous one cannot be established on these grounds. Flows of luxury commodities did generate systemic effects. 23 Others argue that, while Wallerstein dates the emergence of a European-led capitalist world-system from the sixteenth century, it was not until the advent of industrial labour and commodification on a world scale in the eighteenth century that a European-dominated core–periphery pattern of exchange, and a capitalist world system, emerged (Dodgson 1977; Nell 1977; Wolf 1982).
26 Its key concern was to recover history from ‘the bottom up’ – to bring to light and assert the value of alternative experiences and ways of knowing and, in this way, illuminate the history, agency, and autonomy of the common people. According to the Subaltern Studies perspective, elite-centred colonialist (Liberal), nationalist and Marxist narratives are incapable of representing the history of the masses in the third world. 27 Post-colonial and subaltern studies are animated by a similar critique and share similar goals.
A Country Is Not a Company by Paul Krugman