American Capitalism: A History

Now we focus on the growth of American finance, as new forms of investment fueled economic growth and set the United States up for a series of panics.

We will look at the economic problems of the 1970s and how they helped revive an old strain of economic thinking. Called neo-liberal for its roots in the liberal economic views of Adam Smith, it emphasized the power and the justice of market outcomes.

We examine the last 40 years of the U.S. economy, as a more flexible business and labor system emerges with vastly increasing inequality.

We examine the last 40 years of the U.S. economy, as a more flexible business and labor system emerges with vastly increasing inequality.

We examine the last 40 years of the U.S. economy, as a more flexible business and labor system emerges with vastly increasing inequality.

We examine the last 40 years of the U.S. economy, as a more flexible business and labor system emerges with vastly increasing inequality.

The past and the future of capitalism.

We will look at the economic problems of the 1970s and how they helped revive an old strain of economic thinking. Called neo-liberal for its roots in the liberal economic views of Adam Smith, it emphasized the power and the justice of market outcomes.

We will look at the economic problems of the 1970s and how they helped revive an old strain of economic thinking. Called neo-liberal for its roots in the liberal economic views of Adam Smith, it emphasized the power and the justice of market outcomes.

We examine the last 40 years of the U.S. economy, as a more flexible business and labor system emerges with vastly increasing inequality.

The fraying of the Keynesian consensus and the rise of cheap goods and cheaper labor.

We will look at the economic problems of the 1970s and how they helped revive an old strain of economic thinking. Called neo-liberal for its roots in the liberal economic views of Adam Smith, it emphasized the power and the justice of market outcomes.

We will look at the economic problems of the 1970s and how they helped revive an old strain of economic thinking. Called neo-liberal for its roots in the liberal economic views of Adam Smith, it emphasized the power and the justice of market outcomes.

We will look at the economic problems of the 1970s and how they helped revive an old strain of economic thinking. Called neo-liberal for its roots in the liberal economic views of Adam Smith, it emphasized the power and the justice of market outcomes.

We will look at the economic problems of the 1970s and how they helped revive an old strain of economic thinking. Called neo-liberal for its roots in the liberal economic views of Adam Smith, it emphasized the power and the justice of market outcomes.

We take a look at some of the postwar economic changes, beginning with a civil rights revolution that used consumption as the opening wedge in an effort to end white supremacy. We then consider a revolution in transportation and how the United States ill-fated war in Vietnam helped insure its success. Then we will consider the increasingly globalized nature of the economy.

The fraying of the Keynesian consensus and the rise of cheap goods and cheaper labor.

The fraying of the Keynesian consensus and the rise of cheap goods and cheaper labor.

The fraying of the Keynesian consensus and the rise of cheap goods and cheaper labor.

The fraying of the Keynesian consensus and the rise of cheap goods and cheaper labor.

We take a look at some of the postwar economic changes, beginning with a civil rights revolution that used consumption as the opening wedge in an effort to end white supremacy. We then consider a revolution in transportation and how the United States ill-fated war in Vietnam helped insure its success. Then we will consider the increasingly globalized nature of the economy.

We take a look at some of the postwar economic changes, beginning with a civil rights revolution that used consumption as the opening wedge in an effort to end white supremacy. We then consider a revolution in transportation and how the United States ill-fated war in Vietnam helped insure its success. Then we will consider the increasingly globalized nature of the economy.

We take a look at some of the postwar economic changes, beginning with a civil rights revolution that used consumption as the opening wedge in an effort to end white supremacy. We then consider a revolution in transportation and how the United States ill-fated war in Vietnam helped insure its success. Then we will consider the increasingly globalized nature of the economy.

We take a look at some of the postwar economic changes, beginning with a civil rights revolution that used consumption as the opening wedge in an effort to end white supremacy. We then consider a revolution in transportation and how the United States ill-fated war in Vietnam helped insure its success. Then we will consider the increasingly globalized nature of the economy.

We take a look at some of the postwar economic changes, beginning with a civil rights revolution that used consumption as the opening wedge in an effort to end white supremacy. We then consider a revolution in transportation and how the United States ill-fated war in Vietnam helped insure its success. Then we will consider the increasingly globalized nature of the economy.

We will look at some of the elements of this consensus, at how the desire for stability influences corporate policy, and some of the consequences of the Keynesian consensus.

We will look at some of the elements of this consensus, at how the desire for stability influences corporate policy, and some of the consequences of the Keynesian consensus.

We will look at some of the elements of this consensus, at how the desire for stability influences corporate policy, and some of the consequences of the Keynesian consensus.

We will look at some of the elements of this consensus, at how the desire for stability influences corporate policy, and some of the consequences of the Keynesian consensus.

We will look at some of the elements of this consensus, at how the desire for stability influences corporate policy, and some of the consequences of the Keynesian consensus.

We will look at some of the elements of this consensus, at how the desire for stability influences corporate policy, and some of the consequences of the Keynesian consensus.

We take a first look at the United States after the war. We look at how labor and capital came to an agreement after a wave of strikes, and we consider President Eisenhower’s warnings about the growing power of a "military-industrial complex."

We will look at some of the elements of this consensus, at how the desire for stability influences corporate policy, and some of the consequences of the Keynesian consensus.

We will look at the industrial war the United States won, examining the public/private partnership that was at the root of the effort.

We take a first look at the United States after the war. We look at how labor and capital came to an agreement after a wave of strikes, and we consider President Eisenhower’s warnings about the growing power of a "military-industrial complex."

We take a first look at the United States after the war. We look at how labor and capital came to an agreement after a wave of strikes, and we consider President Eisenhower’s warnings about the growing power of a "military-industrial complex."

We take a first look at the United States after the war. We look at how labor and capital came to an agreement after a wave of strikes, and we consider President Eisenhower’s warnings about the growing power of a "military-industrial complex."

We take a first look at the United States after the war. We look at how labor and capital came to an agreement after a wave of strikes, and we consider President Eisenhower’s warnings about the growing power of a "military-industrial complex."

We will look at the industrial war the United States won, examining the public/private partnership that was at the root of the effort.

We will look at the industrial war the United States won, examining the public/private partnership that was at the root of the effort.

We will look at the industrial war the United States won, examining the public/private partnership that was at the root of the effort.

We will look at the industrial war the United States won, examining the public/private partnership that was at the root of the effort.

The Great Depression plunged the United States, and much of the world, into crisis. As the depression deepened, people looked to President Roosevelt for answers. Roosevelt pledged a “New Deal” for the American people, but despite having one name, the New Deal did not have a coherent economic philosophy. The New Deal experimented with policy, unleashing a torrent of legislation directed at almost all areas of the economy.

The Great Depression plunged the United States, and much of the world, into crisis. As the depression deepened, people looked to President Roosevelt for answers. Roosevelt pledged a “New Deal” for the American people, but despite having one name, the New Deal did not have a coherent economic philosophy. The New Deal experimented with policy, unleashing a torrent of legislation directed at almost all areas of the economy.

We will look at the industrial war the United States won, examining the public/private partnership that was at the root of the effort.

We will look at the industrial war the United States won, examining the public/private partnership that was at the root of the effort.

The Great Depression plunged the United States, and much of the world, into crisis. As the depression deepened, people looked to President Roosevelt for answers. Roosevelt pledged a “New Deal” for the American people, but despite having one name, the New Deal did not have a coherent economic philosophy. The New Deal experimented with policy, unleashing a torrent of legislation directed at almost all areas of the economy.

The Great Depression plunged the United States, and much of the world, into crisis. As the depression deepened, people looked to President Roosevelt for answers. Roosevelt pledged a “New Deal” for the American people, but despite having one name, the New Deal did not have a coherent economic philosophy. The New Deal experimented with policy, unleashing a torrent of legislation directed at almost all areas of the economy.

The Great Depression plunged the United States, and much of the world, into crisis. As the depression deepened, people looked to President Roosevelt for answers. Roosevelt pledged a “New Deal” for the American people, but despite having one name, the New Deal did not have a coherent economic philosophy. The New Deal experimented with policy, unleashing a torrent of legislation directed at almost all areas of the economy.

The Great Depression plunged the United States, and much of the world, into crisis. As the depression deepened, people looked to President Roosevelt for answers. Roosevelt pledged a “New Deal” for the American people, but despite having one name, the New Deal did not have a coherent economic philosophy. The New Deal experimented with policy, unleashing a torrent of legislation directed at almost all areas of the economy.

We will look at Henry Ford’s innovations and impacts, using the automobile industry to illustrate how American production, distribution, advertising, and financing changed in the first decades of the twentieth century. We will contrast Ford, with his emphasis on production and conservative finance, with that of General Motors, a rival company built on distribution and innovative finance.