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

By Nelson Lichtenstein

Nelson Lichtenstein (ed.)

At the sunrise of the twenty-first century, the legitimacy of yankee capitalism turns out unchallenged. The hyperlink among open markets, financial progress, and democratic luck has develop into universal knowledge, not just between coverage makers yet for plenty of intellectuals besides. during this example, in spite of the fact that, the previous has infrequently been prologue to modern self assurance within the loose industry. American Capitalism provides 13 thought-provoking essays that specify how quite a few members, many famous intellectuals yet others partisans within the combative global of commercial and coverage, engaged with anxieties in regards to the seismic financial alterations in postwar the US and, within the approach, reconfigured the early twentieth-century ideology that placed critique of financial strength and privilege at its center.

The essays reflect on a wide 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 struggle "convergence" to the increase of the philanthropic correct. They learn how the shift clear of political financial system at midcentury cleared the path for the Nineteen Sixties and the "culture wars" that undefined. individuals interrogate what was once misplaced and won while intellectuals moved their concentration from political financial system to cultural feedback. the amount thereby bargains a blueprint for a dramatic reevaluation of ways we should always take into consideration the trajectory of yankee highbrow heritage in twentieth-century United States.


"The highbrow heritage of capitalism eventually will get its due during this quantity of unpolluted, arresting essays. This booklet marks the willingness of a brand new iteration of students to open up concerns not often addressed by means of the hard work and enterprise historians who earlier 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 inspiration and tradition. it is going to strength historians to revise their pantheon of vital thinkers for the interval. This e-book 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 notable and thought-provoking compilation of essays from political and nationwide figures on contemporary and carrying on with American social and fiscal issues."—MBR Bookwatch


ntroduction: Social concept and Capitalist truth 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 generators and American Social Science
—Daniel Geary
7 C. L. R. James and the speculation of country Capitalism
—Christopher Phelps
8 Oliver C. Cox and the Roots of global platforms Theory
—Christopher A. McAuley
9 Feminism, Women's historical past, and American Social idea 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 common electrical, 1950-1960
—Kimberly Phillips-Fein
13 Godless Capitalism: Ayn Rand and the Conservative Movement
—Jennifer Burns

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Additional info for American Capitalism: Social Thought and Political Economy in the Twentieth Century (Politics and Culture in Modern America)

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Inter~varanthropology especially as t h e international political crisis deepened, imagined that it inhabited a turning point, a \ratershed i n social change. Any s u c c e s s f ~ issue ~l f r o m t h e current crisis T h e Postcapitalist Vision ~ t o u l dalmost inel itnbh b e talzen t o rep1 esent n damentalh ti ansformed 35 a\ o f life somehon fun- By t h e early 1940s, Talcott Parsons Jras able to bridge t h e two lzey elements o f t h e inter~rarreformist imagination (socioeconomics and psychoanalytic a n t h r o p o l o g ~ )and , hence furthered t h e course o f t h e postcapitalist vision.

T h e "power elite" o f government chiefs, t o p military m e n , and corporate executives that Mills assailed appeared i n his rendering t o b e untroubled by either class conflicts or business cycles. 25 Indeed, the American S e w L e f t o f young radical intellectuals might b e considered part o f the postcapitalist vision too. N o o n e evoked t h e sense o f unsettled social analysis for a coming new age better than Paul Potter, president o f SDS, addressing an anti~rardemonstration i n 1963: Illiat lurid of slsterri 1s ~t that l~lstlfiestlie United States o r an\ countlx selzing tlie destinies of tlie T'ietnainese people and using their1 callo~lslyfor its olvn purpose?

By t h e mid-twentieth centur7; however, a subtle b u t ~veightyintellectual revolution toolz place aiming t o distinguish society and e c o n o m y to define a social realm i n terms distinct f r o m economic exchange, and to posit an autonomous social sphere that gained ascendancy over mere economics. T h e rise o f sociology i n t h e American academy by t h e 1940s and 1930s, combined wit11 social psycholo% and cultural anthropolo% t o chart a broad field called "social relations" outside politics and economics, marked this shift i n m o d e r n consciousness.

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