The Rise of the West, the creation of the Third World, the beginnings of disparity between Asia and Europe, or whatever other phrase is used, is obviously the great event of world history; hence the attempts to explain and date it, going back to the time when the Rise was actually beginning in the later eighteenth century. The literature is vast, complex and mostly of high quality. Some of it is concerned with causation—how did ‘the West’ get ahead, why did ‘Asia’ fall back or perhaps just stay the same? Others are interested in trying to date the beginnings of inequality—when can we see the beginnings of dominance, where did this occur and in which sectors of human life was this first to be seen? The first matter is, of course, the more important for an historian. It has been argued that, in the most general way, the fundamental cause of the beginnings of inequality is the series of changes in western Europe, and at first in England, known collectively as the Industrial Revolution. I will use this term as a shorthand for these collective changes, which Marshall Hodgson called the ‘Great Western Transmutation.’ Put most crudely, western Europe advanced and changed in a paradigmatic way, while Asia did not. At the most, Asia kept doing what it had been doing for centuries; Europe changed basically.
Economic growth related to mutually interdependent institutions and technology