New Books In Critical Theory

Richard Lachmann’s First Class Passengers on a Sinking Ship: Elite Politics and the Decline of Great Powers (Verso, 2020) is a two-for-one deal. The first half of the book is a historical analysis of why some empires transform their geopolitical power into global hegemony while others fail to do so, and why hegemons eventually lose their global predominance. Focusing on the great European empires (Spain, France, Britain, and the Netherlands), Lachmann argues that while imperial expansion can deliver more resources to their centers, they can also create dynamics of elite conflict and complacency that can either prevent an empire from attaining global preeminence, or prevent hegemons from undertaking reforms that would be necessary to maintain their power advantages over emerging rivals. His theoretical framework breaks from internalist theories of state formation and regime change by demonstrating how imperial expansion affects political development in the metropole. In the second half of the book, Lachmann us