Ages of American Capitalism: A History of the United States

In this ambitious single-volume history of the United States, economic historian Jonathan Levy reveals how capitalism in America has evolved through four distinct ages and how the countrys economic evolution is inseparable from the nature of American life itself. TheAge of Commercespans the colonial era through the outbreak of the Civil War, and theAge of Capitaltraces the lasting impact of the industrial revolution. The volatility of the Age of Capital ultimately led to the Great Depression, which sparked theAge of Control, during which the government took on a more active role in the economy, and finally, in theAge of Chaos, deregulation and the growth of the finance industry created a booming economy for some but also striking inequalities and a lack of oversight that led directly to the crash of 2008.

InAges of American Capitalism,Levy proves that capitalism in the United States has never been just one thing. Instead, it has morphed through the countrys historyand its likely changing again right now.