Abstract
Had Marx written Capital in the early twenty-first century, knowing what he could not discern in 1867—that the global dominance of capital, through the military and imperialism, would be realized by the United States—this is the book he may have written using the methodology he developed in the mid-nineteenth century.… What Walter Johnson desires is to change entirely the way we think about the history of the United States, particularly the development of capitalism. He also wants to change how we think about the application of dialectical materialism to the United States. Like Marx, Johnson marshals thick description to disclose the theses that emerge.This article can also be found at the Monthly Review website, where most recent articles are published in full.Click here to purchase a PDF version of this article at the Monthly Review website.
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