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Nov 1, 2021 · Better described as an “age of industrial capital”—since by Levy’s definition, every age of capitalism is necessarily an age of capital—this period encompassed America’s industrial ...
The Age of Capital: 1848–1875 is a book by Eric Hobsbawm, first published in 1975. It is the second in a trilogy of books about "the long 19th century" (coined by Hobsbawm), preceded by The Age of Revolution: Europe 1789–1848 and followed by The Age of Empire: 1875–1914.
- Eric J. Hobsbawm
- 1975
Capitalism is an economic system based on the private ownership of the means of production. This is generally taken to imply the moral permissibility of profit, free trade, capital accumulation, voluntary exchange, wage labor, etc. Its emergence, evolution, and spread are the subjects of extensive research and debate.
With capitalism, people expected less from governing authorities, in exchange for greater civil liberties, including individual, political and economic freedom.
The Age of Capital : 1848-1875. Summary: The first and best, major treatment of the crucial years 1848-1875, a penetrating analysis of the rise of capitalism through the world. In the 1860s a new word entered the economic and political vocabulary of the world: 'capitalism'.
Eric Hobsbawm's magnificent treatment of the crucial years 1848-1875 is a penetrating analysis of the rise of capitalism and the consolidation of bourgeois culture. In the 1860s a new word...
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Nov 6, 2024 · Capitalism, economic system, dominant in the Western world since the breakup of feudalism, in which most means of production are privately held and production, prices, and incomes are determined by markets. Learn more about the history and development of capitalism in this article.
