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capitalism



  • Eric Williams’ Foundational Work on Slavery, Industry, and Wealth

    by Katie Donington

    Debates over Eric Williams’s work have ebbed and flowed ever since he first published Capitalism and Slavery in 1944. His book inspired a body of historiography to which many historians of slavery and abolition have added their voices over the decades.



  • Neoliberal Hong Kong Is Our Future, Too

    by Macabe Keliher

    While orthodox economists like to point to Hong Kong as an ideal free market, the social consequences have been disastrous. Inequality is rising, wages are declining and working hours increasing, overall economic opportunity is dwindling, and housing is so unaffordable that office workers sleep in McDonalds. Is it any wonder that the streets are now burning?



  • Capitalism as Religion (Review Essay)

    Eugene McCarraher’s The Enchantments of Mammon: How Capitalism Became the Religion of Modernity examines the ways in which capitalism, despite its purported scientific rationality, operates as a perverse kind of religion.



  • Is Capitalism Racist?

    Nicholas Lemann considers Walter Johnson's new book The Broken Heart of America in light of recent debates among historians about the relationship of slavery, capitalism and racism.



  • How Coffee Ruined a Country

    by Lizabeth Cohen

    Lizabeth Cohen reviews Augustine Sedgewick's book, which argues that coffee monoculture was disastrous to El Salvador.



  • Wall Street Wins – Again: Bailouts in the Time of Coronavirus

    by Nomi Prins

    If ground-up solutions to help ordinary Americans and small businesses aren’t adopted, one thing is predictable: once this crisis has been “managed,” we’ll be set up for a larger one in an even more disparate world.



  • Toward an Economic Democracy

    by Christopher Mackin

    Why the coronavirus crisis is an opportunity to reshape the relationship between workers and their employers.



  • Hospice of the Creative Class

    by Alex Sayf Cummings

    No event has so starkly revealed the brutal inequalities of contemporary capitalism as the coronavirus pandemic.



  • Coronavirus and Chronopolitics

    by Gabriel Winant

    What matters now is the balance of authority in everyday life—between young and old, worker and boss.



  • What Democracy’s History Tells Us About Its Future

    In an email exchange hosted by the Harvard Business Review, Professor of Business Rebecca Henderson and Professor of History Jill Lepore discussed capitalism’s role in an increasingly populist world.


  • Capitalism Versus Socialism: Did Capitalism Really Win?

    by Walter G. Moss

    The main task of voters in 2020 and thereafter will not be to choose whether we want capitalism or democratic socialism. Rather, it will be to decide the best pragmatic mix of the two (and best presidential candidate) to further the common good.