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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.
At the beginning of the twentieth century, intellectuals like Werner Sombart and Max Weber were indeed convinced of capitalism’s superior economic rationality, but they did not see it as a driving force behind moral advancement and progress in civilization. On the... xml. Analysis and Critique.
- Jürgen Kocka
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 United Kingdom first formally adopted this standard in 1821. Soon to follow was Canada in 1853, Newfoundland in 1865, and the United States and Germany in 1873.
Ages of American Capitalism is divided into four “books” whose titles convey its narrative arc: “The Age of Commerce, 1660–1860,” “The Age of Capital, 1860–1932,” “The Age of Control, 1932–1980,” and “The Age of Chaos, 1980–.” The first three parts contain six chapters each; the last, four.
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Was the United States Capitalist in the 1780s? In the 1980s and 1990s, an outpouring of literature argued, in many variations, that the United States was not born capitalist.
