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Ages of American Capitalism: A History of the United States Part 1

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Tuesday, December 20, 2022 - 1:00pm to 3:00pm

Location: Zoom
https://us02web.zoom.us/j/88955380062?pwd=UWwwU2h6Ym11TGFHQUlWSDlzdVM0Zz09

This book is a history of capitalism in the United States —what it is, how it changed, through four different
models (there isn’t just one capitalism).  Compare to recently-read American Nations and the
history we read by Jill Lepore. It will upend simplistic ideas about what “capitalism” is. Read up to
p. 387 (end of Book Two) for December, and finish for January 17.

From Amazon:

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.