Modern capitalism emerged only within the framework of the evolving western state

Evidence

In these conditions, in fact, may be seen the matrix of modern capitalism: like nationalism, less the creator than the creation of the modern state. It had many antecedents, but its full emergence required a conjunction of political and moral as well as strictly economic factors. This emergence could take place within the intricate framework of one type of western state then evolving; it may be doubted whether it could have done so under any other circumstances that we know of in history; at any rate it never did. — Cedric J. Robinson, Black Marxism_ The Making of the Black…, 176

Categorization

• XREF: Connects to the reader’s interest in the origin conditions of the Black radical tradition — capitalism here is a product of the western state, not a universal economic stage. — connects to: Modern capital markets only emerged systematically after 1850 — David Harvey, The Condition of Postmodernity: An…, 1659; Modern capitalism created two overlapping worlds of territorial states and dispersed private property. — Quinn Slobodian, Globalists: The End of Empire and the…, 50