Property and Prophets: The Evolution of Economic Institutions and Ideologies
A concise history of the rise and subsequent triumph of capitalism. Focused primarily on England until 1800 and the United States since 1800, the book's economic history is interspersed with the "history of ideas" that evolved along with the capitalist system. The ideas are divided between those that tended to furnish an ideological rationale for capitalism and those that tended to be critical of it. The final section discusses contemporary capitalism and the ideas of its defenders and critics
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THE TRANSITION TO EARLY CAPITALISM
THE CONFLICT IN MERCANTILIST THOUGHT
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accumulation American capitalism argued Arthur Larsen asserted become believed businessmen capitalist capitalist class capitalist economy capitalist system Chapter Christian paternalist ethic classical liberal ideology commodities competition concentration consumer corporations countries created critics developed dominant early economists Eduard Bernstein employment England existed exploitation export Fabians factors of production factory feudal force growth human Ibid ideology of capitalism imperialism important income increased individual Industrial Revolution industry inequalities interest italist Karl Marx Keynes labor labor power laissez-faire land laws manufacturing Marx Marx's Marxist means of production medieval mercantilist million mode of production monopolies moral movement nature necessary neoclassical economists nomic organization owners ownership percent period political poor population poverty private property profits putting-out system radical relations result Revolution sexism social socialist society surplus surplus value taxes Thorstein Veblen tion trade United Veblen wages wealth welfare women workers York