American Capitalism: Social Thought and Political Economy in - download pdf or read online

By Nelson Lichtenstein

ISBN-10: 0812219406

ISBN-13: 9780812219401

Nelson Lichtenstein (ed.)

At the sunrise of the twenty-first century, the legitimacy of yankee capitalism turns out unchallenged. The hyperlink among open markets, monetary development, and democratic good fortune has develop into universal knowledge, not just between coverage makers yet for plenty of intellectuals in addition. during this example, besides the fact that, the prior has infrequently been prologue to modern self assurance within the loose marketplace. American Capitalism provides 13 thought-provoking essays that specify how various contributors, many fashionable intellectuals yet others partisans within the combative global of commercial and coverage, engaged with anxieties in regards to the seismic monetary alterations in postwar the USA and, within the method, reconfigured the early twentieth-century ideology that positioned critique of monetary energy and privilege at its center.

The essays give some thought to a vast spectrum of figures—from C. L. R. James and John Kenneth Galbraith to Peter Drucker and Ayn Rand—and themes starting from theories of chilly struggle "convergence" to the increase of the philanthropic correct. They learn how the shift clear of political financial system at midcentury lead the way for the Sixties and the "culture wars" that undefined. members interrogate what was once misplaced and won whilst intellectuals moved their concentration from political economic climate to cultural feedback. the quantity thereby deals a blueprint for a dramatic reevaluation of ways we must always take into consideration the trajectory of yank highbrow historical past in twentieth-century United States.

Reviews:

"The highbrow historical past of capitalism ultimately will get its due during this quantity of clean, arresting essays. This ebook marks the willingness of a brand new iteration of students to open up concerns hardly ever addressed through the hard work and enterprise historians who earlier were our top historians of capitalism."—David A. Hollinger, writer of Postethnic the United States: past Multiculturalism

"American Capitalism is a crucial contribution to our knowing of postwar American inspiration and tradition. it's going to strength historians to revise their pantheon of significant thinkers for the interval. This e-book reminds us how, within the postwar period, the triumph of a capitalist worldview remained open to severe wondering and alternatives."—George Cotkin, writer of Existential America

"An notable and thought-provoking compilation of essays from political and nationwide figures on fresh and carrying on with American social and financial issues."—MBR Bookwatch

Contents:

ntroduction: Social conception and Capitalist truth within the American Century

PART I. THEORIZING TWENTIETH-CENTURY AMERICAN CAPITALISM
1 The Postcapitalist imaginative and prescient in Twentieth-Century American Social Thought
—Howard Brick
2 To Moscow and again: American Social Scientists and the idea that of Convergence
—David C. Engerman

PART II. LIBERALISM AND ITS SOCIAL AGENDA
3 Clark Kerr: From the economic to the data Economy
—Paddy Riley
4 John Kenneth Galbraith: Liberalism and the Politics of Cultural Critique
—Kevin Mattson
5 The Prophet of Post-Fordism: Peter Drucker and the Legitimation of the Corporation
—Nils Gilman

PART III. A CRITIQUE FROM THE LEFT
6 C. Wright generators and American Social Science
—Daniel Geary
7 C. L. R. James and the speculation of kingdom Capitalism
—Christopher Phelps
8 Oliver C. Cox and the Roots of global structures Theory
—Christopher A. McAuley
9 Feminism, Women's heritage, and American Social notion at Midcentury
—Daniel Horowitz

PART IV. the increase OF THE RIGHT
10 the line much less Traveled: Reconsidering the Political Writings of Friedrich von Hayek
—Juliet Williams
11 The Politics of wealthy and wealthy: Postwar Investigations of Foundations and the increase of the Philanthropic Right
—Alice O'Connor
12 American Counterrevolutionary: Lemuel Ricketts Boulware and basic electrical, 1950-1960
—Kimberly Phillips-Fein
13 Godless Capitalism: Ayn Rand and the Conservative Movement
—Jennifer Burns

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Extra info for American Capitalism: Social Thought and Political Economy in the Twentieth Century (Politics and Culture in Modern America)

Example text

N o o n e could understand the American econo m 5 h e insisted, by identifying it ~vitll""Ufred hlarshall's or J . B. ,2nalogousl7; h e Jvrote, o n e could n o t undert i n the late 1920s by calling it "communist" and assuming stand S o ~ i e Russia its ~vorkingsadhered t o hlarxist principles. O n guard against tendencies t o reify theor7; Tugwell wrote, "Perhaps c o m m u n i s m is, i n itself, something; perhaps capitalism, is also, i n itself, something. I cannot s o m e h o ~ vunder~~ theory i n such a \ray as to classiQ stand these systems in that ~ v a y .

N o t by capital accumulation as s u c h ) , forces such as scientific lzno~vledge or egalitarian values o f civic inclusion, participation, and social provision; t h e apparently collectivizing impact o f advanced technolog:; the ~ v a n i n go f economics as t h e privileged sphere o f social action and analytical understanding; and so forth. " hloreover, ~ v h i l e this current o f social thought undoubtedly became intert~vinedwith t h e political conditions o f the Cold War, it was neither spawned b7; nor can it b e reduced to, Cold War anticommunism.

A postcapitalist vision appeared amid t h e reformist fervor o f Progressivism at high tide, to be glimpsed i n t h e ~ v o r ko f young Walter Lippmann and his ,Ye-io Republic mentor Herbert Croly; i n some respects their manner o f formulating evolutionary expectations helped set the stage for half a century o f speculation. " In his vie^\; the coming o f the great corporation had "played havoc ~ v i t ht h e older political economy" and m a d e fools o f the economists precisely because it rendered "private property" ineffectual.

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American Capitalism: Social Thought and Political Economy in the Twentieth Century (Politics and Culture in Modern America) by Nelson Lichtenstein


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