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Ages of American Capitalism

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Ages of American Capitalism by Jonathan Levy
Hardcover $40.00
Apr 20, 2021 | ISBN 9780812995015

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  • Apr 20, 2021 | ISBN 9780812995015

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Ages of American Capitalism is a monumental achievement. Jonathan Levy has crafted an economic history that rivals Eric Hobsbawm’s and Charles Kindleberger’s in ambition, augmented by a thorough analysis of the legal and political currents that have shaped economic change across 350 years. . . . Sure to become a classic.”—Zachary D. Carter, author of The Price of Peace

“A remarkably shrewd, sweeping, and entertaining history of American capitalism that strikes at the heart of one of the great American fallacies: that markets can ever be separated from society, politics, and history.”—Richard White, author of The Republic for Which It Stands

“American capitalism is in crisis. To know how to get out of the mess, you need to know how we got into it. That takes a historian. This is a book with the ambition and originality of Adam Smith’s Wealth of Nations. . . . Unputdownable.”—James Robinson, co-author of Why Nations Fail

“In this monumental work, Jonathan Levy has written a history of economic life in the United States that puts capital back at the center of our nation’s history. In his sophisticated yet accessible assessment, Levy shows how the institutions that define the meaning and purpose of capital have evolved rather dramatically over the past few centuries, transforming not only the nation but the meaning of capitalism itself. Ages of American Capitalism is a splendid book.”—Stephen Mihm, author of A Nation of Counterfeiters

“The sprawling saga of a national economy that has gone through several phases, the lion’s share of ownership becoming ever narrower . . . Levy is an uncommonly lucid interpreter of numbers and theories and a nimble explainer. A rewarding exercise in understanding where we are and how we got there.”Kirkus Reviews (starred review)

Table Of Contents

Book I: The Age of Commerce, 1660-1860
Preface: Commerce
Chapter 1: Mercantilism
Chapter 2: Organic Economy, Household Economy
Chapter 3: Republican Political Economy
Chapter 4: Capitalism and the Democracy
Chapter 5: Confidence Games
Chapter 6: Between Slavery and Freedom
Book II: The Age of Capital, 1860-1932
Preface: Capital
Chapter 7: Civil War and the Reconstruction of Capital
Chapter 8: Industrialization
Chapter 9: Class War and Home Life
Chapter 10: Populist Revolt
Chapter 11: Fordism
Chapter 12: The Great Depression
Book III: The Age of Control, 1932-1980
Preface: Control
Chapter 13: New Deal Capitalism
Chapter 14: New World Hegemon
Chapter 15: Postwar Hinge
Chapter 16: Consumerism
Chapter 17: Ordeal of a Golden Age
Chapter 18: Crisis of Industrial Capital
Book IV: Age of Chaos, 1980-
Preface: Chaos
Chapter 19: Magic of the Marketplace
Chapter 20: The New Economy
Chapter 21: The Great Moderation
Chapter 22: The Great Recession
About the Author
About the Type

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