How does anderson explain this paradox of hegemonic strength

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Assignment:

Perry Anderson's 'Origins of the Present Crisis' was occasioned by a crisis whose 'major single cause' was the 'protracted international decline of the economy that started during the period in which Britain's world empire was being completed' (44). This decline occurred even though capitalist hegemony in England has been the most powerful, the most durable and the most continuous anywhere in the world' (17). How does Anderson explain this paradox of hegemonic strength and economic weakness? Discuss in relation to Anderson's larger argument.

Reference no: EM133630706

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