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How Consumerism Sold Democracy to Postwar Germany

After World War II, the United States was battling the Soviet Union for cultural influence. In divided Berlin, the tactics included lavish consumer goods exhibitions.
Mr and Mrs William Lindow

How 17th Century Unmarried Women Helped Shape Capitalism

Under coverture, married English women had no rights to their property, even though unmarried women did, making for a unique system in Europe.
Sugar cane trade Portugal

Madeira, The Island That Helped Invent Capitalism

Madeira is famous for its wine and scenery today, but in the 15th century it boomed and then busted as the sugar capital of the world.
A posh young woman reclining on a deck chair with her hands behind her head

Luxury: Enemy of Virtue, or Economic Engine?

Today, economists tend to see anything that boosts consumption and production as a good thing. But that was decidedly not the case in earlier centuries.
John Calvin

John Calvin: The Religious Reformer Who Influenced Capitalism

Both the blame and the credit for capitalism has often been placed at the feet of a 16th-century Christian theologian named John Calvin.
Harvard Business School

When Harvard Business School Tried To Fix Capitalism

Harvard Business School once attempted to apply psychological and political ideas to the project of saving capitalism from ruin.

Gareth Dale on the Past and Future of Capitalism

An interview with Gareth Dale on his work on Karl Polanyi, and the past and future of capitalism.
wealth discrepancy in USA

Does the Rise of the 1% Signal the Fall of Democracy?

Americans have been thinking more about economic haves and have-nots than we have in a long time.

The Road to Capital in the Twenty-First Century

Thomas Piketty’s Capital in the Twenty-First Century hit the number one spot on the New York Times nonfiction ...