A fascinating retelling of the first banking and financial collapse in eighteenth-century France.The Scottish economist John Law has been described as the architect of modern central banking. His "System," established in Regency France between 1716 and 1720, saw the founding of a bank issuing paper money and the establishment of state commercial and colonial enterprises aimed at consolidating public debt. What at first seemed like financial wizardry, however, resul...

A panoramic history of capitalist predation and global trade from the Age of Discovery to the presentNeoliberalism is Over reveals how capitalism repeatedly turns to monopoly, imperialism and coercive accumulation when elites confront limits to growth and resources. In this bold work of economic history, Arnaud Orain argues that capitalism has never followed a single liberal trajectory. Instead, it has oscillated between two regimes. One is the familiar id...