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050 1 4 _aHC 103
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082 0 0 _a330.122/0973
100 1 _aLevy, Jonathan,
_d1978-
_925046
245 1 0 _aAges of American capitalism :
_ba history of the United States /
_cJonathan Levy.
250 _aRandom House trade paperback edition
264 1 _aNew York, NY :
_bRandom House,
_c2022.
300 _axxviii, 908 pages :
_billustrations, maps ;
_c25 cm
336 _atext
_btxt
_2rdacontent
337 _aunmediated
_bn
_2rdamedia
338 _avolume
_bnc
_2rdacarrier
504 _aIncludes bibliographical references (pages 757-866) and index.
505 0 _aBook one: The age of commerce, 1660-1860. : -- Preface: Commerce -- Mercantilism -- Organic economy, household economy -- Republican political economy -- Capitalism and the democracy -- Confidence games -- Between slavery and freedom -- Book two: The age of capital, 1860-1932 : -- Preface: Capital -- Civil War and the reconstruction of capital -- Industrialization -- Class war and home life -- The populist revolt -- Fordism -- The Great Depression -- Book three: The age of control, 1932-1980. : -- Preface: Control -- New Deal capitalism -- New world hegemon -- Postwar hinge -- Consumerism -- Ordeal of a golden age -- Crisis of industrial capital -- Book four: The age of chaos, 1980- : -- Preface: Chaos -- Magic of the market -- The new economy -- The great moderation -- The Great Recession -- Afterword.
520 _aToday, in the midst of a new economic crisis and severe political discord, the nature of capitalism in United States is at a crossroads. Since the market crash and Great Recession of 2008, historian Jonathan Levy has been teaching a course to help his students understand everything that had happened to reach that disaster and the current state of the economy, but in doing so he discovered something more fundamental about American history. Now, in an ambitious single-volume history of the United States, he reveals how, from the beginning of U.S. history to the present, capitalism in America has evolved through four distinct ages and how the country's economic evolution is inseparable from the nature of American life itself. The Age of Commerce spans the colonial era through the outbreak of the Civil War, a period of history in which economic growth and output largely depended on enslaved labor and was limited by what could be drawn from the land and where it could be traded. The Age of Capital traces the impact of the first major leap in economic development following the Civil War: the industrial revolution, when capitalists set capital down in factories to produce commercial goods, fueled by labor moving into cities. But investments in the new industrial economy led to great volatility, most dramatically with the onset of the Great Depression in 1929. The Depression immediately sparked the Age of Control, when the government took on a more active role in the economy, first trying to jump-start it and then funding military production during World War II. Skepticism of government intervention in the Cold War combined with recession and stagflation in the 1970s led to a crisis of industrial capitalism and the withdrawal of political will for regulation. In the Age of Chaos that followed, the combination of deregulation and the growth of the finance industry created a booming economy for some but also striking inequalities and a lack of oversight that led directly to the crash of 2008. In Ages of American Capitalism, Jonathan Levy proves that, contrary to political dogma, capitalism in the United States has never been just one thing. Instead, it has morphed throughout the country's history--and it's likely changing again right now.
650 0 _aCapitalism
_zUnited States
_xHistory.
650 4 _aCapitalismo
_xHistoria
_zEstados Unidos
_94097
650 0 _aEconomic history.
650 4 _aHistoria económica
_927
651 0 _aUnited States
_xEconomic conditions.
651 4 _aEstados Unidos
_xCondiciones económicas
_91543
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