Description
Book SynopsisA 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 t
