Download or read book Maturity and Stagnation in American Capitalism written by Josef Steindl and published by NYU Press. This book was released on 1976 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: Details a pattern of development and investment in the American economy that produces diminished growth and increased stagnation.
Download or read book Ages of American Capitalism written by Jonathan Levy and published by Random House Trade Paperbacks. This book was released on 2022-04-05 with total page 945 pages. Available in PDF, EPUB and Kindle. Book excerpt: A leading economic historian traces the evolution of American capitalism from the colonial era to the present—and argues that we’ve reached a turning point that will define the era ahead. “A monumental achievement, sure to become a classic.”—Zachary D. Carter, author of The Price of Peace In this ambitious single-volume history of the United States, economic historian Jonathan Levy reveals how 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 Age of Commerce spans the colonial era through the outbreak of the Civil War, and the Age of Capital traces the lasting impact of the industrial revolution. The volatility of the Age of Capital ultimately led to the Great Depression, which sparked the Age of Control, during which the government took on a more active role in the economy, and finally, in the Age of Chaos, deregulation and the growth of the finance industry created a booming economy for some but also striking inequalities and a lack of oversight that led directly to the crash of 2008. In Ages of American Capitalism, Levy proves that capitalism in the United States has never been just one thing. Instead, it has morphed through the country’s history—and it’s likely changing again right now. “A stunning accomplishment . . . an indispensable guide to understanding American history—and what’s happening in today’s economy.”—Christian Science Monitor “The best one-volume history of American capitalism.”—Sven Beckert, author of Empire of Cotton
Download or read book The Great Deformation written by David Stockman and published by Public Affairs. This book was released on 2013-04-02 with total page 770 pages. Available in PDF, EPUB and Kindle. Book excerpt: A former Michigan congressman and member of the Reagan administration describes how interference in the financial markets has contributed to the national debt and has damaging and lasting repercussions.
Download or read book A Failure of Capitalism written by Richard A. Posner and published by Harvard University Press. This book was released on 2011-05-31 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: The financial and economic crisis that began in 2008 is the most alarming of our lifetime because of the warp-speed at which it is occurring. How could it have happened, especially after all that we've learned from the Great Depression? Why wasn't it anticipated so that remedial steps could be taken to avoid or mitigate it? What can be done to reverse a slide into a full-blown depression? Why have the responses to date of the government and the economics profession been so lackluster? Richard Posner presents a concise and non-technical examination of this mother of all financial disasters and of the, as yet, stumbling efforts to cope with it. No previous acquaintance on the part of the reader with macroeconomics or the theory of finance is presupposed. This is a book for intelligent generalists that will interest specialists as well. Among the facts and causes Posner identifies are: excess savings flowing in from Asia and the reckless lowering of interest rates by the Federal Reserve Board; the relation between executive compensation, short-term profit goals, and risky lending; the housing bubble fuelled by low interest rates, aggressive mortgage marketing, and loose regulations; the low savings rate of American people; and the highly leveraged balance sheets of large financial institutions. Posner analyzes the two basic remedial approaches to the crisis, which correspond to the two theories of the cause of the Great Depression: the monetarist--that the Federal Reserve Board allowed the money supply to shrink, thus failing to prevent a disastrous deflation--and the Keynesian--that the depression was the product of a credit binge in the 1920's, a stock-market crash, and the ensuing downward spiral in economic activity. Posner concludes that the pendulum swung too far and that our financial markets need to be more heavily regulated. Read Richard Posner's blog, and his latest article in The Atlantic.
Download or read book The New Deal written by Ronald Edsforth and published by Wiley-Blackwell. This book was released on 2000-04-17 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this concise and lively volume, Ronald Edsforth presents a fresh synthesis of the most critical years in twentieth-century American history. The book describes the collapse of American capitalism in the early 1930s, and the subsequent remaking of the US economy during Franklin D. Roosevelt's presidency. It is written for a new generation of readers for whom the Great Depression is a distant historical event.
Download or read book Capitalism in America written by Alan Greenspan and published by Penguin. This book was released on 2018-10-16 with total page 496 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the legendary former Fed Chairman and the acclaimed Economist writer and historian, the full, epic story of America's evolution from a small patchwork of threadbare colonies to the most powerful engine of wealth and innovation the world has ever seen. Shortlisted for the 2018 Financial Times and McKinsey Business Book of the Year Award From even the start of his fabled career, Alan Greenspan was duly famous for his deep understanding of even the most arcane corners of the American economy, and his restless curiosity to know even more. To the extent possible, he has made a science of understanding how the US economy works almost as a living organism--how it grows and changes, surges and stalls. He has made a particular study of the question of productivity growth, at the heart of which is the riddle of innovation. Where does innovation come from, and how does it spread through a society? And why do some eras see the fruits of innovation spread more democratically, and others, including our own, see the opposite? In Capitalism in America, Greenspan distills a lifetime of grappling with these questions into a thrilling and profound master reckoning with the decisive drivers of the US economy over the course of its history. In partnership with the celebrated Economist journalist and historian Adrian Wooldridge, he unfolds a tale involving vast landscapes, titanic figures, triumphant breakthroughs, enlightenment ideals as well as terrible moral failings. Every crucial debate is here--from the role of slavery in the antebellum Southern economy to the real impact of FDR's New Deal to America's violent mood swings in its openness to global trade and its impact. But to read Capitalism in America is above all to be stirred deeply by the extraordinary productive energies unleashed by millions of ordinary Americans that have driven this country to unprecedented heights of power and prosperity. At heart, the authors argue, America's genius has been its unique tolerance for the effects of creative destruction, the ceaseless churn of the old giving way to the new, driven by new people and new ideas. Often messy and painful, creative destruction has also lifted almost all Americans to standards of living unimaginable to even the wealthiest citizens of the world a few generations past. A sense of justice and human decency demands that those who bear the brunt of the pain of change be protected, but America has always accepted more pain for more gain, and its vaunted rise cannot otherwise be understood, or its challenges faced, without recognizing this legacy. For now, in our time, productivity growth has stalled again, stirring up the populist furies. There's no better moment to apply the lessons of history to the most pressing question we face, that of whether the United States will preserve its preeminence, or see its leadership pass to other, inevitably less democratic powers.
Download or read book The Great Depression and the New Deal written by Robert F. Himmelberg and published by Greenwood. This book was released on 2001 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: Information of the Great Depression including analysis, biographical profiles, documents and current resources.
Download or read book The Crisis and Renewal of U S Capitalism written by Laurence Cossu-Beaumont and published by Routledge. This book was released on 2015-12-22 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite the reversal of America’s fortune from the triumphalism of the Roaring Nineties to the gloom of the lost decade and the Great Depression, theoretical conceptions of US capitalism have remained surprisingly unchanged. In fact, if the crisis questioned the sustainability of the US capitalist paradigm, it did not fundamentally challenge academic theorization of American political economy. This book departs from the American political economy literature to identify three common myths that have shaped our conceptualization of US capitalism: its reduction to a state-market dyad dis-embedded from societal factors; the illusion of a weak state and the synchronic conception of the US variety of capitalism. To remedy these pitfalls, the authors propose a civilizational approach to American political economy at the crossroads between cultural studies, history, sociology and political science. Drawing together contributions from a rich variety of fields (from geography to cultural studies, political science and sociology) this work sheds a new light on America’s "cultural political economy" combining theoretical reflection with empirical data and offering innovative perspectives on the crisis and renewal of American capitalism.
Download or read book A Great Leap Forward written by Alexander J. Field and published by Yale University Press. This book was released on 2011-04-26 with total page 399 pages. Available in PDF, EPUB and Kindle. Book excerpt: This bold re-examination of the history of U.S. economic growth is built around a novel claim, that productive capacity grew dramatically across the Depression years (1929-1941) and that this advance provided the foundation for the economic and military success of the United States during the Second World War as well as for the golden age (1948-1973) that followed.Alexander J. Field takes a fresh look at growth data and concludes that, behind a backdrop of double-digit unemployment, the 1930s actually experienced very high rates of technological and organizational innovation, fueled by the maturing of a privately funded research and development system and the government-funded build-out of the country's surface road infrastructure. This significant new volume in the Yale Series in Economic and Financial History invites new discussion of the causes and consequences of productivity growth over the last century and a half and on our current prospects.
Download or read book The Great Depression and American Capitalism written by Robert F. Himmelberg and published by . This book was released on 1968 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book America s First Great Depression written by Alasdair Roberts and published by Cornell University Press. This book was released on 2012-04-15 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: For a while, it seemed impossible to lose money on real estate. But then the bubble burst. The financial sector was paralyzed and the economy contracted. State and federal governments struggled to pay their domestic and foreign creditors. Washington was incapable of decisive action. The country seethed with political and social unrest. In America's First Great Depression, Alasdair Roberts describes how the United States dealt with the economic and political crisis that followed the Panic of 1837. As Roberts shows, the two decades that preceded the Panic had marked a democratic surge in the United States. However, the nation’s commitment to democracy was tested severely during this crisis. Foreign lenders questioned whether American politicians could make the unpopular decisions needed on spending and taxing. State and local officials struggled to put down riots and rebellion. A few wondered whether this was the end of America’s democratic experiment. Roberts explains how the country’s woes were complicated by its dependence on foreign trade and investment, particularly with Britain. Aware of the contemporary relevance of this story, Roberts examines how the country responded to the political and cultural aftershocks of 1837, transforming its political institutions to strike a new balance between liberty and social order, and uneasily coming to terms with its place in the global economy.
Download or read book American Labor and Economic Citizenship written by Mark Hendrickson and published by Cambridge University Press. This book was released on 2015-06-18 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Once viewed as a distinct era characterized by intense bigotry, nostalgia for simpler times, and a revulsion against active government, the 1920s have been rediscovered by historians in recent decades as a time when Herbert Hoover and his allies worked to significantly reform economic policy. In American Labor and Economic Citizenship, Mark Hendrickson both augments and amends this view by studying the origins and development of New Era policy expertise and knowledge. Policy-oriented social scientists in government, trade union, academic, and nonprofit agencies showed how methods for achieving stable economic growth through increased productivity could both defang the dreaded business cycle and defuse the pattern of hostile class relations that Gilded Age depressions had helped to set as an American system of industrial relations. Linked by emerging institutions such as the Social Science Research Council, the National Urban League, and the Women's Bureau, social investigators attacked rampant sexual and racial discrimination, often justified by fallacious biological arguments, that denied female and minority workers full economic citizenship in the workplace and the polity. These scholars demonstrated that these practices not only limited productivity and undercut expanded consumption, but also belied the claims for fairness that must buttress policy visions in a democracy.
Download or read book Global Capitalist Crisis and the Second Great Depression written by Armando Navarro and published by Lexington Books. This book was released on 2012 with total page 453 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive political, economic, and historical analysis of the events and circumstances from the 1920s to 2010 that impacted the rise of today's "Global Capitalist Crises," Global Economic Crises, and the U.S.'s "Second Great Depression." It argues that liberal capitalism is a "failed" political and economic system in dire need of "systemic change" into either social democracy or democratic socialism via the creation of a New Movement.
Download or read book Better Capitalism written by Robert E. Litan and published by Yale University Press. This book was released on 2012-09-25 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: Shows that, with wise and informed policymaking, the American entrepreneurial engine can rally and the true potential of the economy can be unlocked.
Download or read book America s Great Depression written by Murray N. Rothbard and published by Blurb. This book was released on 2018-09-10 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: America's Great Depression is the classic treatise on the 1930s Great Depression and its root causes. Author Rothbard blames government interventionist policies for magnifying the duration, breadth, and intensity of the Great Depression. He explains how government manipulation of the money supply sets the stage for the familiar "boom-bust" phases of the modern market which we know all too well. He then details the inflationary policies of the Federal Reserve from 1921 to 1929 as evidence that the depression was essentially caused not by speculation, but by government and central bank interference in the market. Clearly we find history tragically repeating itself today. A must-read.
Download or read book The Long Depression written by Michael Roberts and published by Haymarket Books. This book was released on 2016-09-01 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: Setting out from an unapologetic Marxist perspective, The Long Depression argues that the global economy remains in the throes of a depression. Making the case that the profitability of capital is too low, and the debt built up before the Great Recession too high, leading radical economist Michael Roberts persuasively presents his case that this depression will persist until the profitability of capital is restored through yet another slump.
Download or read book American Labor and Economic Citizenship written by Mark Hendrickson and published by . This book was released on 2014-05-14 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: Argues that the period from World War I to the Great Depression was an incubating era when innovative and lasting policy paradigms emerged.
