Download PDF by Nelson Lichtenstein: American Capitalism: Social Thought and Political Economy in

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 turn into universal knowledge, not just between coverage makers yet for lots of intellectuals besides. during this example, in spite of the fact that, the previous has not often been prologue to modern self assurance within the loose industry. American Capitalism offers 13 thought-provoking essays that designate how a number of contributors, many well known intellectuals yet others partisans within the combative international of commercial and coverage, engaged with anxieties in regards to the seismic financial adjustments in postwar the United States and, within the approach, reconfigured the early twentieth-century ideology that placed critique of financial strength and privilege at its center.

The essays examine a huge spectrum of figures—from C. L. R. James and John Kenneth Galbraith to Peter Drucker and Ayn Rand—and issues starting from theories of chilly battle "convergence" to the increase of the philanthropic correct. They study how the shift clear of political economic system at midcentury prepared the ground for the Nineteen Sixties and the "culture wars" that undefined. individuals interrogate what was once misplaced and won whilst intellectuals moved their concentration from political economic system to cultural feedback. the quantity thereby bargains a blueprint for a dramatic reevaluation of ways we should always take into consideration the trajectory of yank highbrow historical past in twentieth-century United States.


"The highbrow historical past of capitalism eventually will get its due during this quantity of unpolluted, arresting essays. This publication marks the willingness of a brand new iteration of students to open up concerns not often addressed via the exertions and company historians who before were our major historians of capitalism."—David A. Hollinger, writer of Postethnic the US: past Multiculturalism

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

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


ntroduction: Social thought and Capitalist fact within the American Century

1 The Postcapitalist imaginative and prescient in Twentieth-Century American Social Thought
—Howard Brick
2 To Moscow and again: American Social Scientists and the concept that of Convergence
—David C. Engerman

3 Clark Kerr: From the commercial 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

6 C. Wright turbines 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 worldwide platforms Theory
—Christopher A. McAuley
9 Feminism, Women's historical past, and American Social proposal 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)

Sample text

S. "'"l~ese various \rays o f doubting t h e applicability o f "capitalism" i n contemporary social analysis Jvere complemented by those w h o continued to use t h e t e r m capitalism b u t nonetheless saw it as a pnssi~lgorder: Liberal economist Robert Heilbroner wrote The Littiits of rittle~icanCc~pitc~listtl (1966), arguing that its growth capacity had diminished and new socioeconomic forces had appeared o n the scene that pressed beyond its bounds. Earlier, Heilbroner's well-lzno~vnsurvey o f m o d e r n economic thought, The I/Tlo~lcl(yP/~ilosophets(1933), had ended ~ v i t ha chapter hopefully entitled "Beyond t h e Economic Revolution," suggesting an upcoming time w h e n marlzet calculation o f price-based efficiency as t h e lzey to allocating scarce social resources, would lose its grip o n m o d e r n life.

Inner-direction Tras another t e r m for t h e Protestant ethic, t h e capitalist ~ v o r kethic, t h e bourgeois ego, and there is little doubt i n reading t h e text that Riesman never meant to sing its praises. I k r y m u c h i n line with the 1930s cultural critique developed by Horney and others, Riesman regarded t h e inner-directed personality to b e rigid, repressive, and productive o f violent impulses, ~ v h e t h e rhidden or o p e n . ; ~ v l l i c hm a d e possible a more flexible personality than t h e old steely and private bourgeois ego, could be fused nit11 ~ v h a ht e called "autonomy"-a lzind o f individuality based more o n creativity and self-expression than acquisition-there would emerge a genuine "social individual," b o t h free and integrated i n vital communities.

Uthough the milieu o f postcapitalist theory Jvas a varied o n e , some impulse t o surpass t h e dominance o f economics i n thought and practice figured prominently i n almost all its exponents, f r o m Croly and Lippmann o n . "This il theoretical move mirrored and made feasible diagnoses o f the declining significance o f economic necessity and t h e possibility o f postcapitalist arrangements. Although it noJv seems counterintuitive to promote a noneconomic concept o f society i n a period so marlzed by economic b o o m (and vides spread propaganda for the productive pro~vesso f "private enterprise") i n the 193Os, Parsons responded t o the postwar age o f plenty wit11 an analysis that persisted i n displacing economics f r o m t h e center o f attention.

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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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