Jairus Banaji – författare

The rise of capitalism to global dominance is still largely associated – by both laypeople and Marxist historians – with the industrial capitalism that made its decisive breakthrough in 18th century Britain. Jairus Banaji’s new work reaches back centuries and traverses vast distances to argue that this leap was preceded by a long era of distinct “commercial capitalism”, which reorganised labor and production on a world scale to a degree hitherto rarely appreciated.Rather than a picture centred solely on Europe, we enter a diverse and vibrant world. Banaji reveals the cantons of Muslim merchants trading in Guangzhou since the eighth century, the 3,000 European traders recorded in Alexandria in 1216, the Genoese, Venetians and Spanish Jews battling for commercial dominance of Constantinople and later Istanbul. We are left with a rich and global portrait of a world constantly in motion, tied together and increasingly dominated by a pre-industrial capitalism. The rise of Europe to world domination, in this view, has nothing to do with any unique genius, but rather a distinct fusion of commercial capitalism with state power.

This collection of essays, by leading historian Jairus Banaji, provides a stimulating rebuttal to the prevailing minimalism in late antique studies. Together, they strike a balance between the wide lens and more specialised discussion, expanding on the perspective and argumentation laid out in an earlier book, Agrarian Change in Late Antiquity (2001). Successive chapters discuss the scale of the late Roman gold currency, the economic nature of the aristocracy, the importance of trade, relations between the state and the ruling class, and the problem of continuity into the early Middle Ages. A substantial introduction pulls together the themes of the book into a coherent synopsis, while the preface clarifies the broad aims behind the study. The book as a whole deploys a wide range of sources in various languages and is intended for ancient historians, students of late antiquity, and economic historians more generally.

This collection of essays, by leading historian Jairus Banaji, provides a stimulating rebuttal to the prevailing minimalism in late antique studies. Together, they strike a balance between the wide lens and more specialised discussion, expanding on the perspective and argumentation laid out in an earlier book, Agrarian Change in Late Antiquity (2001). Successive chapters discuss the scale of the late Roman gold currency, the economic nature of the aristocracy, the importance of trade, relations between the state and the ruling class, and the problem of continuity into the early Middle Ages. A substantial introduction pulls together the themes of the book into a coherent synopsis, while the preface clarifies the broad aims behind the study. The book as a whole deploys a wide range of sources in various languages and is intended for ancient historians, students of late antiquity, and economic historians more generally.

The rise of capitalism to global dominance is still largely associated – by both laypeople and Marxist historians – with the industrial capitalism that made its decisive breakthrough in 18th century Britain. Jairus Banaji’s new work reaches back centuries and traverses vast distances to argue that this leap was preceded by a long era of distinct “commercial capitalism”, which reorganised labor and production on a world scale to a degree hitherto rarely appreciated.Rather than a picture centred solely on Europe, we enter a diverse and vibrant world. Banaji reveals the cantons of Muslim merchants trading in Guangzhou since the eighth century, the 3,000 European traders recorded in Alexandria in 1216, the Genoese, Venetians and Spanish Jews battling for commercial dominance of Constantinople and later Istanbul. We are left with a rich and global portrait of a world constantly in motion, tied together and increasingly dominated by a pre-industrial capitalism. The rise of Europe to world domination, in this view, has nothing to do with any unique genius, but rather a distinct fusion of commercial capitalism with state power.

Historical materialism as Marx understood this was always an integrated conception or field of research, not one divided into separate disciplines. The essays gathered in this volume are a remarkable example of how this works across a wide range of subjects as diverse as agrarian history, capitalism, Hegel’s influence on Marx, and class struggles in India. They were written over some fifty years of both activism and academic work, embodying Banaji’s lifelong engagement with Marxist theory. His recent papers on merchant capitalism can also be found here, along with a biographical sketch that sets all of his work in context.