Capitalism-and-Its-Critics-A-History-From-the

1. The End of Capitalism, or the Beginning?

I couldn’t have written this book without the help of many people. Eric Chinski, my editor at Farrar, Straus and Giroux, greeted the original proposal enthusiastically, and countless times thereafter provided insightful feedback and much-needed encouragement. His editorial eye and voluminous knowledge of intellectual currents along many dimensions were both invaluable. I am also very grateful to Ian Van Wye, who shepherded the final manuscript through the closing process; Eliza Rudalevige, who expertly assisted with logistics; Janet Biehl, who copyedited; Tanya Heinrich and Vivian Kirklin, who read the proofs; and Nancy Elgin, who oversaw the production of the book, cleaned up the endnotes, and collated too many last-minute changes and additions; Scott Auerbach and Debra Helfand, who kept the process on track; and Tara Sharma, who provided helpful suggestions on a nearly final draft. Without the diligence and forbearance of the FSG editorial and production teams, the book wouldn’t have been published on schedule.

The same thing goes for the contributions of Jackson Vail, a colleague at The New Yorker, who took on the onerous tasks of checking facts and arguments that ranged across hundreds of years and compiling endnotes from a vast assortment of sources. Operating under a tight deadline, Jackson did yeoman’s work and corrected many of my errors. For any that escaped his attention, I apologize.

Researching and writing the book was a lengthy process. For granting me leave from my day job to work on the task and complete it, I want to thank David Remnick, the editor of The New Yorker; Michael Luo, the executive editor; Deirdre Foley-Mendelssohn, the deputy editor; and David Rohde, who is now at NBC News. Thanks also to my other New Yorker editors, including Cressida Leyshon, Henry Finder, and the late John Bennet, who first encouraged me to explore some of the themes and subjects that reappear here. I am also grateful to my literary agent, Andrew Wylie, and his colleagues at the Wylie Agency, who represented this project with their customary professionalism. And to Stuart Proffitt, my editor at Penguin Press UK, who patiently supported the project throughout, and provided helpful suggestions on a near-final manuscript.

Acknowledgments

For helpful conversations (and pointers) on various topics related to this book, I would like to thank many people, including Sophia Rosenfeld, Eva Rosenfeld, Jerrold Seigel, Anwar Shaikh, Suresh Naidu, and Scott Moyers. Thanks also to Our World in Data and Branko Milanović for permission to use the charts here and here.

Finally, I am forever indebted to my immediate family for their love and support. As well as putting up with my absence during the countless hours when I was pinned to my computer screen trying to create some intellectual value, if not surplus value, they helped bring the book into the world. My wife, Lucinda Rosenfeld, read many chapter drafts, highlighting ambiguous passages and excising some of my egregious lapses into economic jargon. Our daughter Cornelia helped transfer some late changes onto the manuscript. Her sister Beatrice also helped me across the finish line and promised to promote Capitalism and Its Critics on TikTok as a summer beach read. I dedicate it to the three of them.

The index that appeared in the print version of this title does not match the pages in your e-book. Please use the search function on your e-reading device to search for terms of interest. For your reference, the terms that appear in the print index are listed below.

ABC of Communism, The (Bukharin and Preobrazhensky)
Abdelfatah, Rund
abortion
Accounting for Slavery (Rosenthal)
Accumulation of Capital, The (Luxemburg)
Accumulation of Capital, The (Robinson)
Acemoglu, Daron
Acts of Union
Adirondack Park
advertising
Africa; colonialism in; independence movements in
African Institute for Development and Planning (IDEP)
Africans and the Industrial Revolution in England (Inikori)
After Piketty (Boushey et al., eds.)
Agadir Crisis
Agranov, Yakov
Agrarian Party
Agrarian Question, The (Kondratiev)
agriculture; Georgescu-Roegen on; Great Depression and; in India; in Latin America; plantation; in Russia and the Soviet Union; technology and; in US
Air India
airline regulation
Air Pollution Control Act
AIVIA (All-India Village Industries Association)
Alexander II (tsar)
Algeria
alienation
Allam II (shah)
Allen, Robert C.; “Engels’ Pause”
Allende, Salvador All-India Spinners’ Association
All-India Village Industries Association (AIVIA)
All Souls College
Alta California
Alvaredo, Facundo
Alves, Carolina
Amazon
American colonies
American Compass
American Economic Association
American Economic Review, The
American Enterprise Institute
American Historical Review
American Revolution
American Tobacco Company
Amin, Samir; Capitalism in the Age of Globalization; The Impl Amsterdam Stock Exchange
Anarchy, The (Dalrymple)
Andean Community
Andean Development Corporation
Anderson, Martin
Andrews, Charles McLean
Anglo-American Caribbean Commission
Annales School
Antonescu, Ion
Appeal of One Half the Human Race, Women (Thompson) Apple
Appleby, Joyce
Appleton, William H.
Argentina
aristocracy
Arkwright, Richard
Arnault, Bernard
artificial intelligence (AI)
Ashley, Lord
Ashton, T. S.
Asia; Economic Miracle in; Financial Crisis in
Asian Development Bank
Asquith, Herbert Henry
AT&T
Atkinson, Anthony
Atlantic Monthly, The
atomic bombs
Attlee, Clement
Australia
Austria
Austria-Hungary
Austrian Communist Party Austrian Nazi Party
Auten, Gerald
authoritarianism; see also fascism
autocracy
automation; see also mechanization
automobile industry
Autor, David H.
Ayr Bank
Babeuf, Gracchus
Bacon, Anthony
Baer, Werner
Bailey, Brian
Baily, Martin
Bakunin, Michael
Baldwin, Richard
Baldwin, Stanley
Bangkok
Bank Charter Act
Bank for International Settlements
Bank of England
Bank of United States
banks; business financing and; central, and inflation; federal deposit insurance and; financial panics and; in Germany; Glass-Steagall and; Great Depression and; in Minsky’s theory; slave trade and; 2008 bailout of
Baran, Paul
Barbados
Barbados Advocate, The
barbarian societies
Barbès, Armand
Barclays
Barnard College
Barnett, Vincent
BASF
Batista, Fulgencio
Bauer, Bruno
Bauer, Otto
Bayer
Bay of Pigs invasion
Beard, Charles and Mary
Bear Stearns
Bebel, August
Beckerman, Wilfred
Beckert, Sven
Beit, Alfred
Belgium
Bell, Alexander Graham
Bell, Clive Bell, Vanessa
Bell Telephone Company
Benares
Benedictine monks
Bengal
Bennington College
Bentham, Jeremy; Thompson and; Wheeler and
Berlin; Luxemburg’s move to; Spartacist uprising in
Berlin Wall
Bernstein, Eduard
Bethlem Royal Hospital
Bethmann Hollweg, Theobald von
Beveridge, William
Beveridge Report
Bezos, Jeff
Bhagwati, Jagdish
Bhopal disaster
Biden, Joe
bioeconomics
Bioscience
Birmingham guns
Birmingham University
Bismarck, Otto von
Black, John
Black Dwarf
Black Jacobins, The (James)
Black Marxism (Robinson)
Black Reconstruction in America, 1860–1880 (Du Bois)
Black Women for Wages for Housework
Blair, Tony
Blanc, Louis
Blanqui, Adolphe
Blanqui, Louis-Auguste
Blanquist rising
Bloomsbury Group
Blundell, Brian
Boers
Boer War
Bogdanov, V. E.
Bolivia
Bolsheviks
Bolts, William; Considerations on India Affairs; East India Company and bonds
Booth, Charles
Bordeaux
Borel, Émile
Boserup, Ester
Boston Tea Party
Boulton, Matthew
bourgeoisie; The Communist Manifesto on; cultural hegemony of
Bowles, Samuel
Braudel, Fernand
Brazil
Bretton Woods system
Brewer, John
Brexit
Breyer, Stephen
Brick, The (economic plan)

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