American Capitalism Social Thought and Political Economy in the
Twentieth Century Edited by Nelson Lichtenstein "The intellectual
history of capitalism finally gets its due in this volume of fresh,
arresting essays. This book marks the willingness of a new
generation of scholars to open up issues rarely addressed by the
labor and business historians who until now have been our leading
historians of capitalism."--David A. Hollinger, author of
"Postethnic America: Beyond Multiculturalism" ""American
Capitalism" is an important contribution to our understanding of
postwar American thought and culture. It will force historians to
revise their pantheon of important thinkers for the period. This
book reminds us how, in the postwar era, the triumph of a
capitalist worldview remained open to serious questioning and
alternatives."--George Cotkin, author of "Existential America" "An
impressive and thought-provoking compilation of essays from
political and national figures on recent and continuing American
social and economic issues."--MBR Bookwatch 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. 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." Politics and Culture in
Modern America 2006 392 pages 6 x 9 1 illus. ISBN 978-0-8122-3923-2
Cloth $55.00s 36.00 ISBN 978-0-8122-1940-1 Paper $24.95s 16.50 ISBN
978-0-8122-0263-2 Ebook $24.95s 16.50 World Rights American
History, Public Policy, Economics Short copy: ""American
Capitalism" is an important contribution to our understanding of
postwar American thought and culture. It will force historians to
revise their pantheon of important thinkers for the
period."--George Cotkin, author of "Existential America"
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