American Capitalism: A Reader

American Capitalism: A Reader

By Louis Hyman and Edward E Baptist

To understand the past and especially our own times, arguably no story is as essential to get right as the history of capitalism. Nearly all of our theories about promoting progress come from how we interpret the economic changes of the last 500 years. This past decade's crises continue to remind us just how much capitalism changes, even as basic features like wage labor, financial markets, private property, and entrepreneurs endure.

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Book Information

Publisher: Simon & Schuster
Publish Date: 05/23/2017
Pages: 464
ISBN-13: 9781501171307
ISBN-10: 1501171305
Language: English

Full Description

To understand the past and especially our own times, arguably no story is as essential to get right as the history of capitalism. Nearly all of our theories about promoting progress come from how we interpret the economic changes of the last 500 years. This past decade's crises continue to remind us just how much capitalism changes, even as basic features like wage labor, financial markets, private property, and entrepreneurs endure. While capitalism has a global history, the United States plays a special role in that story. American Capitalism: A Reader will help you to understand how the United States became the world's leading economic power, while revealing essential lessons about what has been and what will be possible in capitalism's ongoing revolution. Combining a wealth of essential readings, introductions by Professors Baptist and Hyman, and questions to help guide readers through the materials and broader subject, this course reader will prepare students to think critically about the history of capitalism in America.

About the Authors

Edward E. Baptist is an associate professor in the Department of History at Cornell University. His scholarship is centered on the 19th-century United States and, more broadly, the creation of the modern world. One specific research focus is the massive growth of slavery in the United States between the American Revolution and the Civil War, an expansion that shaped the emergence of both American and global capitalism.

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Louis Hyman is an assistant professor in the Department of Labor Relations, Law, and History at Cornell University. His research interests focus on the history of capitalism in the United States. His first book, Debtor Nation: The History of America in Red Ink, focuses on the history of the political economy of debt; the book was selected as one of the 2011 Choice Top 25 Outstanding Books of the Year.

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