The Great Depression And American Capitalism

Author : Jonathan Levy
Publisher : Random House Trade Paperbacks
Page : 945 pages
File Size : 44,9 Mb
Release : 2022-04-05
Category : Business & Economics
ISBN : 9780812985184

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Ages of American Capitalism by Jonathan Levy Pdf

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

Author : Josef Steindl
Publisher : NYU Press
Page : 275 pages
File Size : 48,7 Mb
Release : 1976
Category : History
ISBN : 9780853453185

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Maturity and Stagnation in American Capitalism by Josef Steindl Pdf

Details a pattern of development and investment in the American economy that produces diminished growth and increased stagnation.

Author : Ronald Edsforth
Publisher : Wiley-Blackwell
Page : 324 pages
File Size : 49,5 Mb
Release : 2000-04-17
Category : History
ISBN : 1577181425

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The New Deal by Ronald Edsforth Pdf

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.

Author : David Stockman
Publisher : PublicAffairs
Page : 768 pages
File Size : 41,5 Mb
Release : 2013-04-02
Category : Political Science
ISBN : 9781586489137

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The Great Deformation by David Stockman Pdf

A New York Times bestseller The Great Deformation is a searing look at Washington's craven response to the recent myriad of financial crises and fiscal cliffs. It counters conventional wisdom with an eighty-year revisionist history of how the American state—especially the Federal Reserve—has fallen prey to the politics of crony capitalism and the ideologies of fiscal stimulus, monetary central planning, and financial bailouts. These forces have left the public sector teetering on the edge of political dysfunction and fiscal collapse and have caused America's private enterprise foundation to morph into a speculative casino that swindles the masses and enriches the few. Defying right- and left-wing boxes, David Stockman provides a catalogue of corrupters and defenders of sound money, fiscal rectitude, and free markets. The former includes Franklin Roosevelt, who fathered crony capitalism; Richard Nixon, who destroyed national financial discipline and the Bretton Woods gold-backed dollar; Fed chairmen Greenspan and Bernanke, who fostered our present scourge of bubble finance and addiction to debt and speculation; George W. Bush, who repudiated fiscal rectitude and ballooned the warfare state via senseless wars; and Barack Obama, who revived failed Keynesian “borrow and spend” policies that have driven the national debt to perilous heights. By contrast, the book also traces a parade of statesmen who championed balanced budgets and financial market discipline including Carter Glass, Harry Truman, Dwight Eisenhower, Bill Simon, Paul Volcker, Bill Clinton, and Sheila Bair. Stockman's analysis skewers Keynesian spenders and GOP tax-cutters alike, showing how they converged to bloat the welfare state, perpetuate the military-industrial complex, and deplete the revenue base—even as the Fed's massive money printing allowed politicians to enjoy “deficits without tears.” But these policies have also fueled new financial bubbles and favored Wall Street with cheap money and rigged stock and bond markets, while crushing Main Street savers and punishing family budgets with soaring food and energy costs. The Great Deformation explains how we got here and why these warped, crony capitalist policies are an epochal threat to free market prosperity and American political democracy.

Author : Robert F. Himmelberg
Publisher : Greenwood
Page : 234 pages
File Size : 53,7 Mb
Release : 2001
Category : History
ISBN : UOM:39015049563409

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The Great Depression and the New Deal by Robert F. Himmelberg Pdf

Information of the Great Depression including analysis, biographical profiles, documents and current resources.

Author : Robert F. Himmelberg
Publisher : Unknown
Page : 128 pages
File Size : 49,7 Mb
Release : 1968
Category : Electronic
ISBN : STANFORD:20500913671

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The great depression and American capitalism by Robert F. Himmelberg Pdf

Author : Mark Hendrickson
Publisher : Unknown
Page : 338 pages
File Size : 47,5 Mb
Release : 2014-05-14
Category : BUSINESS & ECONOMICS
ISBN : 1107341922

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American Labor and Economic Citizenship by Mark Hendrickson Pdf

Argues that the period from World War I to the Great Depression was an incubating era when innovative and lasting policy paradigms emerged.

Author : Laurence Cossu-Beaumont,Jacques-Henri Coste,Jean-Baptiste Velut
Publisher : Routledge
Page : 302 pages
File Size : 47,6 Mb
Release : 2015-12-22
Category : Political Science
ISBN : 9781317439127

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The Crisis and Renewal of U.S. Capitalism by Laurence Cossu-Beaumont,Jacques-Henri Coste,Jean-Baptiste Velut Pdf

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.

Author : Richard A. Posner
Publisher : Harvard University Press
Page : 372 pages
File Size : 51,6 Mb
Release : 2011-05-31
Category : Business & Economics
ISBN : 0674051297

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A Failure of Capitalism by Richard A. Posner Pdf

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.

Author : Alan Greenspan,Adrian Wooldridge
Publisher : Penguin
Page : 496 pages
File Size : 55,5 Mb
Release : 2018-10-16
Category : Business & Economics
ISBN : 9780735222458

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Capitalism in America by Alan Greenspan,Adrian Wooldridge Pdf

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.

Author : Armando Navarro
Publisher : Lexington Books
Page : 453 pages
File Size : 50,7 Mb
Release : 2012-01-01
Category : Political Science
ISBN : 9780739170175

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Global Capitalist Crisis and the Second Great Depression by Armando Navarro Pdf

In this comprehensive work, Armando Navarro delivers a timely analysis of the global capitalist crisis that has arisen in the United States. Navarro offers a wide-ranging political historical analysis of events the led up to the present co-called “Second Great Depression.” Starting with the end of World War II, he tracks the various political and economic decisions that have led to the emergence of the global economic crisis that began in 2006. He provides context for the current economic situation by discussing the major economic and political events, including the Great Depression, the New Deal, the rise of neo-liberal capitalism, and the collapse of the subprime mortgage industry. Navarro incisively reviews and critiques the Obama administration and Democrats’ quasi-welfare capitalist legislation. Driven by social democratic models, he constructs a transformative social movement paradigm that calls for the rise of reform and proposes dramatic systemic change. Navarro concludes by looking at the U.S. political culture—what he contends is the major obstacle to the rise of “socialism” in the United States—and speculates about the potentially bleak economic future to come

Author : Thomas J. Dilorenzo
Publisher : Forum Books
Page : 306 pages
File Size : 47,6 Mb
Release : 2005-08-23
Category : Business & Economics
ISBN : 9781400083312

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How Capitalism Saved America by Thomas J. Dilorenzo Pdf

Here’s the real history of our country. How Capitalism Saved America explodes the myths spun by Michael Moore, the liberal media, Hollywood, academia, and the rest of the anticapitalist establishment. Whether it’s Michael Moore or the New York Times, Hollywood or academia, a growing segment in America is waging a war on capitalism. We hear that greedy plutocrats exploit the American public; that capitalism harms consumers, the working class, and the environment; that the government needs to rein in capitalism; and on and on. Anticapitalist critiques have only grown more fevered in the wake of corporate scandals like Enron and WorldCom. Indeed, the 2004 presidential campaign has brought frequent calls to re-regulate the American economy. But the anticapitalist arguments are pure bunk, as Thomas J. DiLorenzo reveals in How Capitalism Saved America. DiLorenzo, a professor of economics, shows how capitalism has made America the most prosperous nation on earth—and how the sort of government regulation that politicians and pundits endorse has hindered economic growth, caused higher unemployment, raised prices, and created many other problems. He propels the reader along with a fresh and compelling look at critical events in American history—covering everything from the Pilgrims to Bill Gates. And just as he did in his last book, The Real Lincoln, DiLorenzo explodes numerous myths that have become conventional wisdom. How Capitalism Saved America reveals: • How the introduction of a capitalist system saved the Pilgrims from starvation • How the American Revolution was in large part a revolt against Britain’s stifling economic controls • How the so-called robber barons actually improved the lives of millions of Americans by providing newer and better products at lower prices • How the New Deal made the Great Depression worse • How deregulation got this country out of the energy crisis of the 1970s—and was not the cause of recent blackouts in California and the Northeast • And much more How Capitalism Saved America is popular history at its explosive best.

Author : Laurence Cossu-Beaumont,Jacques-Henri Coste,Jean-Baptiste Velut
Publisher : Routledge
Page : 335 pages
File Size : 51,5 Mb
Release : 2015-12-22
Category : Political Science
ISBN : 9781317439110

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The Crisis and Renewal of U.S. Capitalism by Laurence Cossu-Beaumont,Jacques-Henri Coste,Jean-Baptiste Velut Pdf

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.

Author : Tom Kemp
Publisher : Routledge
Page : 254 pages
File Size : 40,9 Mb
Release : 2014-01-14
Category : History
ISBN : 9781317870739

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The Climax of Capitalism by Tom Kemp Pdf

How did the United States become the twentieth century's dominant economy? What is special about America and the American way of capitalism, that favoured such a rapid climb to wealth and power? And, as the old postwar certainties begin to crumble, is the climax of American capitalism already over? These are the themes addressed in this engrossing book, which gives a chronological, analytical account of the American economy from the late nineteenth century to the end of the Reagan era and beyond.

Author : Hermann Lueer
Publisher : Unknown
Page : 142 pages
File Size : 40,5 Mb
Release : 2020-05-27
Category : Electronic
ISBN : 9798647961518

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Great Depression 2.0 by Hermann Lueer Pdf

Government rescue programs for bad loans are designed to prevent a credit crunch. Worldwide debt is rising to many times the annual economic output. To stabilize the global financial system, central banks are buying government and corporate bonds on an ever-increasing scale. Negative interest rates are intended to revive the economy. "Helicopter Money" - the printing and distribution of money are being discussed as a solution.Is the capitalist financial system on the verge of collapse? Are we experiencing a new Great Depression? What exactly is a Great Depression? Why can too much wealth in the form of overcapacity become the cause of mass impoverishment?