Includes bibliographical references (p. 437-459) and index.

With its deep roots and global scope, the capitalist system provides the framework for our lives--a framework of constant change, sometimes measured and predictable, sometimes drastic and out of control. Yet what is now ubiquitous was not always so. Capitalism took shape centuries ago, starting with a handful of isolated changes in farming, trade, and manufacturing, clustered in early-modern England. Astute observers began to notice these changes and consider their effects. Those in power began to harness these new practices to the state, enhancing both. A system generating wealth, power, and new ideas arose to reshape societies in a constant surge of change. Approaching capitalism as a culture, as important for its ideas and values as for its inventions and systems, award-winning historian Joyce Appleby gives us a fascinating introduction to this most potent creation of mankind from its origins to the present.--From publisher description.

The puzzle of capitalism -- Trading in new directions -- Crucial developments in the countryside -- Commentary on markets and human nature -- The two faces of eighteenth-century capitalism -- The ascent of Germany and the United States -- The industrial leviathans and their opponents -- Rulers as capitalists -- War and depression -- A new level of prosperity -- Capitalism in new settings -- Into the twenty-first century -- Of crises and critics.