BiblioVault - Books about American Capitalism

Chosen Capital

The Jewish Encounter with American Capitalism

Kobrin, Rebecca

Rutgers University Press, 2012

At which moments and in which ways did Jews play a central role in the development of American capitalism? Many popular writers address the intersection of Jews and capitalism, but few scholars, perhaps fearing this question’s anti-Semitic overtones, have pondered it openly. Chosen Capital represents the first historical collection devoted to this question in its analysis of the ways in which Jews in North America shaped and were shaped by America’s particular system of capitalism. Jews fundamentally molded aspects of the economy during the century when American capital was being redefined by industrialization, war, migration, and the emergence of the United States as a superpower.

Surveying such diverse topics as Jews’ participation in the real estate industry, the liquor industry, and the scrap metal industry, as well as Jewish political groups and unions bent on reforming American capital, such as the American Labor Party and the International Ladies’ Garment Workers’ Union, contributors to this volume provide a new prism through which to view the Jewish encounter with America. The volume also lays bare how American capitalism reshaped Judaism itself by encouraging the mass manufacturing and distribution of foods like matzah and the transformation of synagogue cantors into recording stars. These essays force us to rethink not only the role Jews played in American economic development but also how capitalism has shaped Jewish life and Judaism over the course of the twentieth century.

Contributors:
Marni Davis, Georgia State University
Phyllis Dillon, independent documentary producer, textile conservator, museum curator
Andrew Dolkart, Columbia University
Andrew Godley, Henley Business School, University of Reading
Jonathan Karp, executive director, American Jewish Historical Society
Daniel Katz, Empire State College, State University of New York
Ira Katznelson, Columbia University
David S. Koffman, New York University
Eli Lederhendler, Hebrew University, Jerusalem
Jonathan Z. S. Pollack, University of Wisconsin—Madison
Jonathan D. Sarma, Brandeis University
Jeffrey Shandler, Rutgers University
Daniel Soyer, Fordham University

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History's Erratics

Irish Catholic Dissidents and the Transformation of American Capitalism, 1870-1930

David M. Emmons

University of Illinois Press, 2024

As Ice Age glaciers left behind erratics, so the external forces of history tumbled the Irish into America. Existing both out of time and out of space, a diverse range of these Roman-Catholic immigrants saw their new country in a much different way than did the Protestants who settled and claimed it. These erratics chose backward looking tradition and independence over assimilation and embraced a quintessentially Irish form of subversiveness that arose from their culture, faith, and working-class outlook. David M. Emmons draws on decades of research and thought to plumb the mismatch of values between Protestant Americans hostile to Roman Catholicism and the Catholic Irish strangers among them. Joining ethnicity and faith to social class, Emmons explores the unique form of dissidence that arose when Catholic Irish workers and their sympathizers rejected the beliefs and symbols of American capitalism.

A vibrant and original tour de force, History’s Erratics explores the ancestral roots of Irish nonconformity and defiance in America.

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The Invasion of Indian Country in the Twentieth Century

American Capitalism and Tribal Natural Resources

Donald Fixico

University Press of Colorado, 1998

The struggle between Indians and whites for land did not end on the battlefields in the 1800s. When this hostile era closed with Native Americans forced onto reservations, no one expected that rich natural resources lay beneath these lands that white America would desperately desire. Yet oil, timber, fish, coal, water, and other resources were discovered to be in great demand in the mainstream market, and a new war began with Indian tribes and their leaders trying to protect their tribal natural resources throughout the twentieth century.

In The Invasion of Indian Country in the 20th Century, Donald Fixico details the course of this struggle, providing a wealth of information on the resources possessed by individual tribes and the way in which they were systematically defrauded and stripped of these resources. Fixico contends that federal policies originally devised to protect Indian interests ironically worked against the Indian nations as the tribes employed new tactics with the Council of Energy Resources Tribes, using the law in courts and applying aggressive business leadership to combat the capitalist invasion by mainstream America.

Fixico's analysis of this war being waged throughout the century and today serves as an indispensable reference tool for anyone interested in Native American history and current government policy with regard to Indian lands.

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The Invasion of Indian Country in the Twentieth Century

American Capitalism and Tribal Natural Resources, Second Edition

Donald Fixico

University Press of Colorado, 2012

The Invasion of Indian Country in the Twentieth Century, Second Edition is updated through the first decade of the twenty-first century and contains a new chapter challenging Americans--Indian and non-Indian--to begin healing the earth. This analysis of the struggle to protect not only natural resources but also a way of life serves as an indispensable tool for students or anyone interested in Native American history and current government policy with regard to Indian lands or the environment.

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Overripe Economy

American Capitalism and the Crisis of Democracy

Alan Nasser

Pluto Press, 2018

Capitalism is in crisis. Overripe Economy uses a historical view to explain how we got here and why. Taking readers through the history of American capitalism--from the ruthless competition of the nineteenth century to the maturation of industrial capitalism in the early part of the twentieth and on into today’s finance-ridden decline--Alan Nasser lays out here in damning detail why the persistent austerity of financialized capitalism is the inevitable outcome of the evolution of the American economy. Capitalism, he argues, ultimately presents us with two alternatives: persistent austerity, declining democracy, and a privatized state, or a polity and economy characterized by genuine economic democracy.

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Rotary International and the Selling of American Capitalism

Brendan Goff

Harvard University Press, 2021

A new history of Rotary International shows how the organization reinforced capitalist values and cultural practices at home and tried to remake the world in the idealized image of Main Street America.

Rotary International was born in Chicago in 1905. By the time World War II was over, the organization had made good on its promise to “girdle the globe.” Rotary International and the Selling of American Capitalism explores the meteoric rise of a local service club that brought missionary zeal to the spread of American-style economics and civic ideals.

Brendan Goff traces Rotary’s ideological roots to the business progressivism and cultural internationalism of the United States in the early twentieth century. The key idea was that community service was intrinsic to a capitalist way of life. The tone of “service above self” was often religious, but, as Rotary looked abroad, it embraced Woodrow Wilson’s secular message of collective security and international cooperation: civic internationalism was the businessman’s version of the Christian imperial civilizing mission, performed outside the state apparatus. The target of this mission was both domestic and global. The Rotarian, the organization’s publication, encouraged Americans to see the world as friendly to Main Street values, and Rotary worked with US corporations to export those values. Case studies of Rotary activities in Tokyo and Havana show the group paving the way for encroachments of US power—economic, political, and cultural—during the interwar years.

Rotary’s evangelism on behalf of market-friendly philanthropy and volunteerism reflected a genuine belief in peacemaking through the world’s “parliament of businessmen.” But, as Goff makes clear, Rotary also reinforced American power and interests, demonstrating the tension at the core of US-led internationalism.

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Trading Spaces

The Colonial Marketplace and the Foundations of American Capitalism

Emma Hart

University of Chicago Press, 2019

Looks at the shift from the marketplace as an actual place to a theoretical idea and how this shaped the early American economy.

When we talk about the economy, “the market” is often just an abstraction. While the exchange of goods was historically tied to a particular place, capitalism has gradually eroded this connection to create our current global trading systems. In Trading Spaces, Emma Hart argues that Britain’s colonization of North America was a key moment in the market’s shift from place to idea, with major consequences for the character of the American economy.

Hart’s book takes in the shops, auction sites, wharves, taverns, fairs, and homes of seventeenth- and eighteenth-century America—places where new mechanisms and conventions of trade arose as Europeans re-created or adapted continental methods to new surroundings. Since those earlier conventions tended to rely on regulation more than their colonial offspring did, what emerged in early America was a less-fettered brand of capitalism. By the nineteenth century, this had evolved into a market economy that would not look too foreign to contemporary Americans. To tell this complex transnational story of how our markets came to be, Hart looks back farther than most historians of US capitalism, rooting these markets in the norms of seventeenth- and eighteenth-century Britain. Perhaps most important, this is not a story of specific commodity markets over time but rather is a history of the trading spaces themselves: the physical sites in which the grubby work of commerce occurred and where the market itself was born.

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