FERNAND BRAUDEL
, "capital- ism has disappeared from a large part of the earth." Gone, too, is the capitalist's euphoria-and clear conscience-of the early 19th century. Is capitalism an endangered species? What kind of animal is it? What are its origins? In his monumental Civilisa- tion Matirielle, Economic, et Capitalisme, completed in late 1979 and published in France earlier this year, Braudel describes to- day's capitalism in terms of the big banks, big financiers, and multinational corporations that...