American Capitalism: Social Thought and Political Economy in the Twentieth Century

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Nelson Lichtenstein
University of Pennsylvania Press, 2006 - Business & Economics - 377 pages
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At the dawn of the twenty-first century, the legitimacy of American capitalism seems unchallenged. The link between open markets, economic growth, and democratic success has become common wisdom, not only among policy makers but for many intellectuals as well. In this instance, however, the past has hardly been prologue to contemporary confidence in the free market. American Capitalism presents thirteen thought-provoking essays that explain how a variety of individuals, many prominent intellectuals but others partisans in the combative world of business and policy, engaged with anxieties about the seismic economic changes in postwar America and, in the process, reconfigured the early twentieth-century ideology that put critique of economic power and privilege at its center.

The essays consider a broad spectrum of figures--from C. L. R. James and John Kenneth Galbraith to Peter Drucker and Ayn Rand--and topics ranging from theories of Cold War "convergence" to the rise of the philanthropic Right. They examine how the shift away from political economy at midcentury paved the way for the 1960s and the "culture wars" that followed. Contributors interrogate what was lost and gained when intellectuals moved their focus from political economy to cultural criticism. The volume thereby offers a blueprint for a dramatic reevaluation of how we should think about the trajectory of American intellectual history in twentieth-century United States.

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American Capitalism: Social Thought and Political Economy in the ...
Nelson Lichtenstein, editor, American Capitalism: Social Thought and Political Economy in the Twentieth Century. Philadelphia: University of Pennsylvania ...
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| Book Review | The Journal of American History, 93.4 | The ...
American Capitalism: Social Thought and Political Economy in the Twentieth Century. Ed. by Nelson Lichtenstein. (Philadelphia: University of Pennsylvania ...
www.historycooperative.org/ journals/ jah/ 93.4/ br_146.html

American Capitalism: Social Thought and Political Economy in the ...
American Capitalism: Social Thought and Political Economy in the Twentieth Century. Edited by Nelson Lichtenstein. Philadelphia: University of Pennsylvania ...
www.encyclopedia.com/ doc/ 1P3-1399536311.html

American Capitalism | Lichtenstein, Nelson, Editor
book menu. American Capitalism. "American Capitalism is an important contribution to our understanding of postwar American thought and culture. ...
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CONSIDERING CAPITALISM IN AMERICAN SOCIAL THOUGHT
Modern Intellectual History, 5, 1 (2008), pp. 179–194. C. 2008 Cambridge University Press. doi:10.1017/S1479244307001606 Printed in the United Kingdom ...
journals.cambridge.org/ production/ action/ cjoGetFulltext?fulltextid=1806844

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American Capitalism: Social Thought and Political Economy in the Twentieth Century. American Capitalism: Social Thought and Political Economy in the ...
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American Capitalism: Social Thought and Political Economy in the Twentieth Century. Politics And Culture In Modern America ...
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About the author (2006)

Nelson Lichtenstein is Professor of History at the University of California, Santa Barbara, where he directs the Center for Work, Labor, and Democracy. He is the author of Walter Reuther: The Most Dangerous Man in Detroit and State of the Union: A Century of American Labor, and editor of Wal-Mart: The Face of Twenty-First-Century Capitalism.

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