A historical essay on old regimes and modern states
In this lively and wide-ranging book, Ellen Meiksins Wood argues that
what is supposed to have epitomized bourgeois modernity, especially the
emergence of a "modern" state and political culture in Continental
Europe, signaled the persistence of pre-capitalist social property
relations. Conversely, the absence of a "modern" state and political
discourse in England testified to the presence of a well-developed
capitalism. The fundamental flaws in the British economy are not just
the symptoms of arrested development but the contradictions of the
capitalist system itself. Britain today, Wood maintains, is the most
thoroughly capitalist culture in Europe.