Joyce Appleby

The Relentless Revolution

I’d like my fresh reader to read the introduction carefully because it lays out my argument and makes the assertions that the text must back up. Many believe that capitalism was an inevitable development and that it had deep roots in European intellectual soil. In my introduction I explain why I don’t think that either is true. I would like my reader to give careful attention to how the Four Little Tigers of South Korea, Taiwan, Singapore, and Hong Kong became important players in the world market, for their differences underscore my point that capitalism takes different shape in different countries because it is a culture and cultures encompass family mores, religion, politics, and personal values. Capitalism has also been treated as though it were a natural system like aerodynamics with its own laws.

The argument against this view runs through The Relentless Revolution. Knowing the fascinating history of how capitalism emerged within a traditional society and succeeded in challenging venerable orders throughout the world, I would hope, would open people to new ways of thinking about their economy.

Capitalism may be a relentless revolution, but it is not a mindless one. Pervasive poverty, global warming, failed states, and oppressive governments still present problems for the world. The wealth-generating capacity of capitalism can help meet all of these challenges. But, first, we must understand it.

Editor: Erind Pajo

The Relentless Revolution

The Relentless Revolution

Joyce Appleby The Relentless Revolution: A History of Capitalism W. W. Norton 496 pages, 9 x 6 inches ISBN 978 0393068948

Available here →

The rest of this thread

1

In a nutshell

January 6, 2010

2

The wide angle

January 6, 2010

3

A close-up

January 6, 2010

Joyce Appleby

Joyce Appleby

Joyce Appleby is a professor emerita of UCLA where she taught American history for 20 years. Her abiding interest has been in analyzing the changing social theories about human nature, politics and economic development that accompanied the modern transformation of Europe and America. She is a past president of the American Historical Association, the Organization of American Historians, and the Society for the History of the Early Republic, and is currently co-director of the History News Service, an informal syndicate of professional historians who write newspaper op-ed essays that put contemporary issues in their historical context. Her most recent publications are Inheriting the Revolution: The First Generation of Americans (2000), Jefferson (2003), a collection of addresses and essays titled A Restless Past: History and the American Public (2004), and The Relentless Revolution: A History of Capitalism (2010).

Pull this thread

pulls againstpulls alongside

Capitalism is a culture, neither inevitable nor natural, so it takes a different shape in every country that adopts it.

Against SB · Modern assassination is a state phenomenon, because the reaction of states is what gives political murder its charge. On: Large historical outcomes are contingent choices rather than the working-out of deep causes

Against JS · The prohibition on hosting kleptocrats' money fails for structural reasons, and the remedy is to recruit the profit motive. On: Human conduct is well modelled as self-interested calculation of costs and benefits

Against IH · Humans head toward ever more stuff because when things fail the fix is more things, and that cannot be reversed. On: Large historical outcomes are contingent choices rather than the working-out of deep causes

Against EP · States punish violators of international law badly, so they violate it with impunity when benefits exceed costs. On: Human conduct is well modelled as self-interested calculation of costs and benefits

Alongside SC · At every major turning point in Soviet history there was a real alternative, an actual leader who was defeated. On: Large historical outcomes are contingent choices rather than the working-out of deep causes

Alongside PG · Modern money is bank credit, therefore debt, and debt has replaced God as the guarantee of human cooperation. On: Human conduct is well modelled as self-interested calculation of costs and benefits

Alongside PW · The Thirty Years War was neither inevitable nor a religious conflict. On: Large historical outcomes are contingent choices rather than the working-out of deep causes

Alongside LS · Unselfish behavior is common and switched on by social cues, so law should trigger conscience rather than price conduct. On: Human conduct is well modelled as self-interested calculation of costs and benefits

See the whole map on Explore →

Economics & Business
Spans centuries
Myth-busting

Know something the rest of us don't?

Most threads on Rorotoko begin with our invitation. Any thread can begin with a proposal: you write it with the same prompts every thread answers, and we review it.

Propose a thread →

No paywalls. No selling your data.

Support this awesome independent project.

or shop the merch →