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2 - Going Global 1.0

Chinese Agency in the Making of the First Global Economy

from Part I - Multicultural Origins of the First (Historical Capitalist) Global Economy, 1500–1850

Published online by Cambridge University Press:  17 December 2020

John M. Hobson
Affiliation:
University of Sheffield
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Summary

Chapter 2 is the first of five chapters that highlights the interconnections between Western and non-Western agency in the making of the first global economy (FGE), which existed between roughly 1500 and 1850. This chapter re-introduces China as an agent of the FGE, adopting a via media between the Sinocentrism of key parts of the California School on the one hand and Eurocentrism/Eurofetishism on the other (i.e., China's role in the FGE was more important than Eurocentrism allows for but was less pronounced than Sinocentrism presumes). Overall, it reveals how China was open to global trade and was an important (though not the key) driver of it. It critiques all of the standard Eurocentric claims concerning China's isolation from foreign trade, revealing as myths: the realisation of the state's official bans on foreign trade (section 1); the dominance of the Europeans in Chinese trade and the dominance of China over Britain (section 2); the Chinese tribute system (section 3); the Canton System (section 4); and China's heavily protectionist trade regime (section 5). The chapter closes with a detailed analysis as to why Qing China moved to freer trade after 1684 while Britain moved in the opposite direction to extreme protectionism.

Type
Chapter
Information
Multicultural Origins of the Global Economy
Beyond the Western-Centric Frontier
, pp. 43 - 80
Publisher: Cambridge University Press
Print publication year: 2020

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  • Going Global 1.0
  • John M. Hobson, University of Sheffield
  • Book: Multicultural Origins of the Global Economy
  • Online publication: 17 December 2020
  • Chapter DOI: https://doi.org/10.1017/9781108892704.002
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  • Going Global 1.0
  • John M. Hobson, University of Sheffield
  • Book: Multicultural Origins of the Global Economy
  • Online publication: 17 December 2020
  • Chapter DOI: https://doi.org/10.1017/9781108892704.002
Available formats
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Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • Going Global 1.0
  • John M. Hobson, University of Sheffield
  • Book: Multicultural Origins of the Global Economy
  • Online publication: 17 December 2020
  • Chapter DOI: https://doi.org/10.1017/9781108892704.002
Available formats
×