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Nov 1, 2021 · Between the Civil War and the dawn of the 20th century, two serious financial panics, each followed by a deep economic depression (in 1873 and 1893), rocked American capitalism in town and ...
Oct 12, 1999 · In 1776, the 13 colonies that made up the original United States declared their independence after almost 170 years of British colonial status. Even at that early date, the new country's population of 2.5 million included plentiful examples of capitalism's many faces.
One significant problem was political corruption and croneyism, fuelled by the connections between government and business. During the Gilded Age the United States endured a number of mediocre presidents and politicians, many of them in the pocket of big business.
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.
This article engages with scholars working on the history of capitalism and with scholars of American political development to form a historical materialist perspective on the creation of the American federal government.
Steady military conflict, along with scattered and localized violence, intersected with honor, a mainstay in early American politics and culture, to engender a set of masculinized economic relations that shaped both the what/where and the how of capitalism in the United States.
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The ensuing crises, especially the Great Depression, provoked government policymakers to build the regulatory capacity to moderate capitalism's swings (“The Age of Control”). In the late twentieth century, however, capitalism again burst its fetters.
