
Capitalism makes possible a new form of domination by purely economic means, argues Ellen Meiksins Wood. So, surely, even the most seasoned White House hawk would prefer to exercise global hegemony in this way, without costly colonial entanglements. Yet, as Wood powerfully demonstrates, the economic empire of capital has also created a new unlimited militarism. By contrasting the new imperialism to historical forms such as the Roman and Spanish empire, and by tracing the development of capitalist imperialism back to the English domination of Ireland and on the British Empire in America and India, Wood shows how today’s capitalist empire, a global economy administered by local states, has come tom spawn a new military doctrine of war without end, in purpose or time.
Author

Ellen Meiksins Wood FRSC (April 12, 1942 – January 14, 2016) was an American-Canadian Marxist historian and scholar. From 1967 to 1996, she taught political science at Glendon College, York University in Toronto, Ontario, Canada. With Robert Brenner, Ellen Meiksins Wood articulated the foundations of Political Marxism, a strand of Marxist theory that places history at the centre of its analysis. It provoked a turn away from structuralisms and teleology towards historical specificity as contested process and lived praxis. Meiksins Wood's many books and articles, were sometimes written in collaboration with her husband, Neal Wood (1922–2003). Her work has been translated into many languages, including Spanish, Portuguese, Italian, French, German, Romanian, Turkish, Chinese, Korean, and Japanese. Of these, The Retreat from Class received the Isaac Deutscher Memorial Prize in 1988. Wood served on the editorial committee of the British journal New Left Review between 1984 and 1993. In 1996, she was inducted into the Royal Society of Canada, a marker of distinguished scholarship. From 1997 to 2000, Wood was an editor, along with Harry Magdoff and Paul Sweezy, of Monthly Review, the socialist magazine.