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A conversation with historian Michael Sonenscher about the tricky task of defining capitalism and his new book Capitalism: The Story Behind the Word. 

Wassily Kandinsky, "Un Centro" (1924) on May 10, 2021 If peripheral countries want to give something substantial to the world, they must do so without refueling historical forms of expansionism. Peripheral countries are ones that have been oppressed and exploited by other countries: Anglo-Saxon countries, Western Europe, but also Russia and China. Peripheries include countries in Latin America, Africa, Asia and the former Soviet Union (such as my homeland, Poland). People inhabiting peripheral countries often take their peripherality as a sign of bad luck. But if instead they actively embrace...