The Making of Global Capitalism awarded the Deutscher Memorial Prize

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.