This book uses the levels of analysis approach first developed by
Japanese political economist Kozo Uno to theorize stages of
capitalist development. Stage theory is understood as a mid-range
theory informed both by the theory of a purely capitalist society
and by historical analysis. The four stages of mercantilism,
liberalism, imperialism, and consumerism are theorized according to
an abstract type of capital accumulation, which is understood
broadly to include mutually supporting economic, ideological,
legal, and political practices.
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