Abstract
The ongoing historical process pointing to a decline of Western dominance of the capitalist world system and the rise of Asia demands a reconstructed interpretation of the accepted wisdom concerning historical capitalism as the product of the “European Miracle.” The competitive narrative to the hegemonic discourse concerning the trajectory of Western capitalism is still in its infancy but has been regaining heuristic validity based on the evolution of the Asian challenge.
Original language | English |
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Journal | Kasarinlan - Philippine Journal of Third World Studies |
Volume | 32 |
Issue number | 1-2 |
Pages (from-to) | 55-79 |
Number of pages | 24 |
ISSN | 2012-080X |
Publication status | Published - 9 Oct 2018 |
Bibliographical note
TWSC and Forty Years of Critical ScholarshipKeywords
- Late development
- Social Change
- Europe
- Asia