The Market Revolution in America: Liberty, Ambition, and the Eclipse of the Common Good

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 ...