The Making of Global Capitalism
, Leo Panitch and Sam Gindin's landmark account of the role of the United States in the development of the global economic system, has won the prestigious Deutscher Memorial Prize for 2013.
The Deutscher Memorial Prize is awarded each year, in honour of the historian Isaac Deutscher and his wife Tamara, to a work which best exemplifies innovative writing within the Marxist tradition. Previous winners include Mike Davis, Robin Blackburn, Ellen Mieksins Wood and Eric Hobsbawm.
Two books from Verso received nominations this year; as well as The Making of Global Capitalism
, Vivek Chibber's Postcolonial Theory and the Specter of Capital
was in the running for the prize. Chibber's book has been raising fierce debate
within the field of postcolonial studies field since its publication earlier this year.
What role has the nationstate played in the development of global capitalism? Last year Leo Panitch explored the relationship between the state and the construction of neoliberalism is this fascinating slideshow produced by The Guardian.
Panitch looks at the relationship between the state and finance from the Great Depression to the current financial crisis, as a result of globalisation and greater integration across international borders.
Tomorrow Leo Panitch will present a lecture at the Centre for Global Political Economy
at Sussex University on the nationstate's place in the history of global capitalism. The Making of Global Capitalism
is out now in paperback.