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US Capitalist Development Since 1776
Of, by and for Which People?
First Published in 1994
This comprehensive work views U.S. history through the analytical framework of the capitalist process. The highlights of the book are:
it weaves together economic history with the history of economic ideas to give a new perspective on the contemporary connections between the economic and social processes;
provides an analytical and historical explanation of capitalism as a socioeconomic system;
discusses the past and present functioning of the business system, as a system of power, with emphasis on the 1970s, 1980s and the stagnation of the 1990s;
analyses the relationship between structures of income, wealth and power and class, color and gender;
and critically looks at the development and nature of the capitalist state.
