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Colonial global economy

Towards a theoretical reorientation of political economy

Bibliographic Data

ID12316005
AuthorsG K Bhambra (0000-0003-3658-1575, University of Sussex, corresponding author)
Year2020
Volume28
Issue2
Pages307-322
Publication date2020-10-20
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueReview of International Political Economy (JOURNAL)
Journal identifiersISSN: 0969-2290 • E-ISSN: 1466-4526
PublisherRoutledge (PUBLISHER • GB)
DOI10.1080/09692290.2020.1830831
OpenAlexW3093668839
LanguageEN
Citations received184
References cited38

Standard accounts of the emergence of the modern global economic order posit its origins in the expansion of markets or in the changing nature of the social relations of capitalist production. Each fails to acknowledge the significance of colonial relations underpinning these processes, as formative of, and continuous with them. This is a consequence of the dominant understandings (across different theoretical perspectives) of capitalism as a distinct and self-contained economic formation of modernity, the origins of which are seen to be endogenous to Europe and north America. As such, there is a concomitant failure to acknowledge, or regard as significant, the global connections forged through colonialism that are the condition of capitalist-modernity. I argue for the need to recognize the significance of historical colonial relations to both the establishment and continued reproduction of global political economy. In this article, I seek to reorient our understanding of the histories that underpin theories of capitalism to be inclusive of colonial relations and for the framework of analysis to be transformed by their appropriate consideration

Capitalism · Capitalist mode of production · Colonialism · Economic system · Economics · Economy · Modernity · Political economy · Political science · Politics · Reproduction · Sociology · Australian History and Society · Historical Economic and Social Studies · Law · Political Economy and Marxism

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Unique citing works184
Citations per year30,67
Citation span2020 - 2026 (7)
Citation velocitycurrent
Highly citedYes
Citation typesNeutral: 181

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