The Market Revolution in America

Liberty, Ambition, and the Eclipse of the Common Good

Bibliographic Data

ID19942076
AuthorsJohn Lauritz Larson (Purdue University West Lafayette, corresponding author)
Year2009
Publication date2009-09-14
Open AccessYes
TypeBOOK
VenueMarket Revolution in America (SOURCE_BOOK)
PublisherCambridge University Press (PUBLISHER • US)
DOI10.1017/cbo9780511818486
OpenAlexW4211132807
Open LibraryOL34479514M
ISBN9780511818486
GOOGLE_BOOK_IDNSGoG2uKpQYC
LanguageEN
Citations received13

The mass industrial democracy that is the modern United States bears little resemblance to the simple agrarian republic that gave it birth. The market revolution is the reason for this dramatic - and ironic - metamorphosis. The resulting tangled frameworks of democracy and capitalism still dominate the world as it responds to the panic of 2008. Early Americans experienced what we now call 'modernization'. The exhilaration - and pain - they endured have been repeated in nearly every part of the globe. Born of freedom and ambition, the market revolution in America fed on democracy and individualism even while it generated inequality, dependency, and unimagined wealth and power. In this book, John Lauritz Larson explores the lure of market capitalism and the beginnings of industrialization in the United States. His research combines an appreciation for enterprise and innovation with recognition of negative and unanticipated consequences of the transition to capitalism and relates economic change directly to American freedom and self-determination, links that remain entirely relevant today

Agrarian society · Agriculture · Capitalism · Democracy · Economic history · Economics · Individualism · Industrialisation · Modernization theory · Political economy · Political science · Politics · Power (physics) · Sociology · History · Law · Political Economy and Marxism

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