capitalism — Bunk History

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Pedestrians walking in the financial district of New York City, 1949.

Brad DeLong’s Long March Through the 20th Century

A sweeping new history chronicles a century of unprecedented economic progress driven by markets and innovation.

by Thomas Strand via Jacobin on December 15, 2024

The edges of two credit cards, prominently displaying the MasterCard and Visa logos.

Our Plastic Obsession

The story of credit cards is the story of industry versus regulators. Industry won.

by Richard Vague via Democracy Journal on December 12, 2024

Farm for sale in Kansas, 1938.

The Early History of “Selling America to Americans”

Using film and advertising to sell capitalism and nationalism to immigrants in the early 20th century.

by Caroline Jack via HNN on November 26, 2024

Barack Obama and Chinese president Xi Jinxing looking away from each other.

The Bipartisan Origins of the New Cold War

Starting with Obama, American presidents embraced the idea of arresting China’s rise, opening the door to Trump’s trade wars and hawkishness.

by Michael Brenes, Van Jackson via Jacobin on November 25, 2024

Tony Blair and Bill Clinton giving a talk together at Queen's Univesity Belfast.

The Age of Class Dealignment

Over the course of decades, social democracy abandoned workers. Then workers abandoned social democracy.

by Bhaskar Sunkara via Jacobin on November 21, 2024

The Second Abolition

Robin Blackburn’s sweeping history of slavery and freedom in the 19th century.

by Manisha Sinha via The Nation on November 19, 2024

An artistic collage juxtiposing a transatlantic slave ship with a tenement in Harlem.

How the Trans-Atlantic Slave Trade Continues to Impact Modern Life

A new Smithsonian book reckons with the enduring legacies of slavery and capitalism.

by Jennifer L. Morgan via Smithsonian on November 7, 2024

Senator J.D. Vance and Patrick Deneen at the Catholic University of America in Washington, D.C.

Toward a Christian Postliberal Left

A truly Christian postliberalism would imagine and enact an alternative modernity with a different standard of progress.

by Eugene McCarraher via Commonweal on October 22, 2024

Ibn Khaldun

The Muslim Thinker Who Inspired Reagan

How Ibn Khaldun influenced the president and a generation of conservative tax policy.

by Mustafa Akyol via The Dispatch on October 10, 2024

A homesteader woman feeding chickens.

Some Country for Some Women

As women stretch themselves thin, homesteader influencers sell them an image of containment.

by Kim Hew-Low via The New Inquiry on September 26, 2024

Brigadier General Smedley Butler.

Genesis of the Modern American Right

During the Great Depression, financial elites translated European fascism into an American form that joined high capital with lower middle-class populism.

by Joseph M. Fronczak, Matthew Wills via JSTOR Daily on September 16, 2024

Portrait of Julius Rosenwald hanging on a wall.

Finding Philanthropy’s Forgotten Founder

Julius Rosenwald understood that charity is not just about giving, but about fixing the inequalities that make giving necessary.

by Darren Walker via The Atlantic on September 9, 2024

Treasury Secretary Timothy Geithner testifying before the Senate Budget Committee in 2009.

The Intractable Puzzle of Growth

The key measure of a healthy economy has long been growth, yet if production and consumption expand at their current rate we risk the health of the planet.

by Benjamin Kunkel via The Nation on August 26, 2024

Illustration imagining Karl Marx sitting on a ranch in Texas.

Marx Goes to Texas

Drawn to communities of German socialist expatriates in the area, Marx once considered making his way to Texas.

by Ryan Moore via Protean on August 11, 2024

Textile workers in Massachusetts Striking for Wages.

Forces of Labor: The Minimum Wage

The federal minimum wage has not risen in over 15 years. We analyze why.

by Esha Krishnaswamy via Historic.ly on July 26, 2024

Chalkboard in a classroom.

What Are You Going to Do With That?

The future of college in the asset economy.

by Erik Baker via Harper’s on July 23, 2024

A yuppie surrounded by money and luxury items.

When Yuppies Ruled

Defining a social type is a way of defining an era. What can the time of the young urban professional tell us about our own?

by Louis Menand via The New Yorker on July 22, 2024

Chiquita Must Pay for Its Crimes in Latin America

70 years since President Árbenz was ousted for standing up to Chiquita, the firm might finally be held to account for its ties to a far-right paramilitary group in Colombia.

by Klas Lundström via Jacobin on July 10, 2024

Engraving of the Battle of Lexington After Alonzo Chappel: American colonists and British soldiers exchange fire at the Battle of Lexington, the first skirmish in the US War of Independence.

Taking Up the American Revolution’s Egalitarian Legacy

Despite its failures and limitations, the American Revolution unleashed popular aspirations to throw off tyranny of all kinds.

by Taylor Clark via Jacobin on July 4, 2024

Zoology plate of parasitic worms.

Is Finance a "Parasite"?

Tracing financial capital—from J. P. Morgan to BlackRock.

by Anna Pick, Scott Aquanno, Stephen Maher via Public Seminar on June 25, 2024

A print titled "Heroes of the Colored Race," centered on portraits of Blanche Bruce, Frederick Douglas, and Hiram Revels.

Slavery, Capitalism, and the Politics of Abolition

"The Reckoning," Robin Blackburn’s monumental history, offers a dizzying account of the politics behind slavery's rise and fall.

by Alec Israeli via Jacobin on May 19, 2024

Hand throwing crumpled dollar bills into pile

Extravagances of Neoliberalism

On how the fringe ideas of a set of American neoliberals became a new and pervasive way of life.

by Melinda Cooper, Benjamin Kunkel via The Baffler on May 13, 2024

Illustration of a man typing on his laptop on a rollercoaster ride.

Work Sucks. What Could Salvage It?

New books examine the place of work in our lives—and how people throughout history have tried to change it.

by Erik Baker via The New Yorker on May 1, 2024

bags of money

Survival of the Wealthiest: Joseph E. Stiglitz on the Dangerous Failures of Neoliberalism

In which “the intellectual handmaidens of the capitalists” are taken to task.

by Joseph Stiglitz via Literary Hub on April 24, 2024

Solidarity book cover and photos of authors Leah Hunt-Hendrix and Astra Taylor.

Talking “Solidarity” With Astra Taylor and Leah Hunt-Hendrix

A conversation with the activists and writers about their wide-ranging history of the politics of the common good and togetherness.

by Astra Taylor, Leah Hunt-Hendrix, Daniel Steinmetz-Jenkins via The Nation on April 23, 2024

North Carolina Mutual executives.

Black Capitalism and the City

African American insurance and the actuarial double bind.

by Ginger Nolan via Places Journal on April 16, 2024

"Soulsville" mural in Memphis, Tennessee.

Capitalism and (Under)Development in the American South

In the American South, an oligarchy of planters enriched itself through slavery. Pervasive underdevelopment is their legacy.

by Keri Leigh Merritt via Aeon on April 2, 2024

Branko Milanovic, 2017.

The Problematic Past, Present, and Future of Inequality Studies

An intellectual history of inequality in economic theory reveals the ideological reasons behind the field’s resurgence in the last few decades.

by Branko Milanović, Daniel Steinmetz-Jenkins via The Nation on March 20, 2024

Etching of friends playing a game of chess, dated to the nineteenth century.

Get Capitalists’ Grubby Hands Off Our Hobbies

Christian moralists long promoted hobbies as a way to occupy idle hands, bringing the work ethic into free time. Today hobbies risk turning into side hustles.

by Helmer Stoel via Jacobin on March 19, 2024

The Castello Plan map, depicting the broad way (Broadway) and the Wall (Wall Street)

This New York City Map Is Full of Dutch Secrets

When Broadway was a broad way and Wall Street was a wall.

by April White via Atlas Obscura on March 19, 2024

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