Capitalism in America by Alan Greenspan

Capitalism in America

From the legendary former Fed Chairman and the acclaimed Economist writer and historian, the full, epic story of America's evolution from a small patchwork of threadbare colonies to the most powerful engine of wealth and innovation the world has ever seen.Shortlisted for the 2018 Financial Times and McKinsey Business Book of the Year AwardFrom even the start of his fabled career, Alan Greenspan was duly famous for his deep understanding of even ...

Details Capitalism in America

TitleCapitalism in America
Release DateOct 16th, 2018
PublisherPenguin Press
GenreEconomics, History, Business, Finance, Nonfiction, North American Hi..., American History

Reviews Capitalism in America

  • Marks54
    This one is a bit hard to review. It has its good points and is entertaining is spots. It is a too basic and clearly intended for a general reading audience. It is well written and draws on the best of current historical scholarship. The book also has a clear perspective, which is a mixed blessing.This is a one volume history of American capitalism that stretches temporally from colonial times to the beginning year of the Trump administration. Th...
  • Edward Ocampo
    A compelling narrative which chronologically covers the economic history of the United States. The 19th and most of the 20th century are covered in detail with interesting insights but the last 25 years do not get the same attention. The last chapter proposes a policy response to America's fading economic dynamism which failed to entirely convince me. Nevertheless, well worth reading.
  • Nick Crowley
    Capitalism in America uses history to frame Alan Greenspan's traditional conservative ideology and his prescription for the future maintenance of the macroeconomy. With this book as evidence, I submit that his old-school brand of conservatism--while more palatable than the mindless populism currently in vogue--relies upon a several convenient omissions from the economic history of the United States, as well as a quintessentially aristocratic pers...
  • Robert Melnyk
    Excellent book about the history of Capitalism in America. The title may lead you to believe that this will be a very dry read, and that perhaps you would need a degree in economics to understand what is being said. However, Greenspan does a very good job of presenting the material in a way that the layman can understand. It is basically a history of our country from the American Revolution to present day America, told from the perspective of cap...
  • Cheryl
    “Capitalism in America” is one of the most interesting books I’ve read in a long time. To be honest, when I picked it up from the library, I wasn’t sure that I was in the mood for a challenging read about the history of capitalism in America, especially right around the Christmas holidays. However, I was pleasantly surprised once I began to read it. It is very well written and very user friendly and I couldn't put it down. Greenspan focus...
  • Jeffrey
    For the most part Capitalism in America is an ambitious account of the history of the development of Capitalism in America. Unlike other accounts which may focus on a certain era or financial, Greenspan and Wooldridge attempt to give an overall sweep of the history of America intertwined with economic and financial developments. The result is greater context and also scope. However the account is slightly flawed because it is colored by "market f...
  • fewpagesmore
    I came across this book as I was browsing through the new releases section on Amazon. Normally I do not venture into new releases but the authorship of this book along with the potential scope of the book made me want to read it asap. And yes the scope of the book is indeed magnificent. This isn't a book about a particular successful business. It is instead about all the businesses (or atleast the types) that were successful in America right from...
  • Pleasant Oliver
    This book, written by one of the supposedly most brilliant chairs of the Federal Reserve in our history, is a major disappointment. It essentially is a paean to unfettered capitalism and almost entirely ignores its fundamental and often devastating flaws. It either ignores or whitewashes the most serious problems of our age that capitalists have caused or been major contributors to: worsening climate change, severe environmental degradation, grow...
  • Cary Giese
    America’s great advantage was its founding in a huge space of land full of resources with no threatening neighbors. It was able to take advantage of that space to experiment with liberal government and capitalism unfettered! Europe had to go slow as it defended the citadels of existing governments and economic systems! Therein lies the possibilities from which the Americans were able to take advantage. They borrowed the ideas from European libe...
  • John Ball
    Capitalism in America is American history told as an adventure story full of heroes, villains, disasters, and victories. It is the story of businessmen, merchants, inventors, creators, scallywags, scoundrels and speculators, the capitalists who built the USA and how they did it. The authors also describe how America tamed, changed and reshaped capitalism along the way. There is plenty of data and enough charts and graphs to enhance the history, b...
  • Jason King
    Only a very small number of people are going to like this book. Funny enough, there really aren't many surveys of American economic history written for laypeople, so comparisons aren't going to do much good. But the book is choppy, at times contradictory (praising intellectual property in the beginning as a cause for American economic strength, and then calling it a cause of American productivity decline in the current age - or of praising Japane...
  • John
    Since Greenspan was a Reagan appointee as chairman of the Federal Reserve Board, as I began reading this book, I was expecting a conservative screed. Not so. I found a mostly even-handed and objective, easy to read history when what could have been a dense, convoluted treatise. Yes, here and there are digs at what Greenspan and Wooldridge consider to be current government over regulation and excessive entitlement costs, but in the historical cont...
  • Stacy Bearse
    Greenspan and Woolridge have compiled a basic, yet comprehensive history of business and finance in the United States, ranging from colonial times to the modern-day. Their book focuses on three drivers of change: Productivity, creative destruction and political will. The core driver - creative destruction - is the principal driving force of economic progress. But, it comes at a price: New businesses and jobs are created, and established businesse...
  • Emerson Sosa
    A fascinating read explaining the rise of America’s economy starting with the founding of the country. Greenspan and Wooldridge are experts at showing the arguments that people had as the country aged. The reader can feel the passion between Jefferson and Hamilton over the future of the fledgling country and the stark difference between the North and the South during the run-up to the Civil War. But as the country’s economy becomes more compl...
  • Janet Lavine
    I thoroughly enjoyed the first half of the book -- reviewing American history through the lens of capitalism for the 18th and 19th century. For example, absent the monopolies of the late 19th C, , there would have been no railroads and no oil/gas industry and we'd still be living in a much darker age from a technology point of view. But then he goes a little too far out there -- for example, he hates everything about the New Deal and tries to mak...
  • Vincenzo Tagle
    I don't think that this book adds anything new to the economic history of the United States, a topic that has been extensively researched by many economists and academics, but the authors present here a clear argument as to why the US has achieved a tremendous amount of growth in the 20th century. It has mostly to do with the institutions and political system that has allowed for creative destruction and the protection of property rights, as well...
  • Amit GR
    A well written history but leaves the reader with an unsatisfied conclusion. Greenspan never takes accountability for his role of the tragedies that occurred during the buckling of the economy. He points fingers and one is left expecting the words “libertard” and “snowflake” to pop out of the pages at any moment. The solution is not as easy as take away people’s social security and entitlements while leaving a devastation of poor and un...
  • Adam
    This book should be mandatory reading in high school. Easy to understand comprehensive overview of the origination of the US of A. It read like a factual novel. Greenspan is brilliant Nuggets of Truth:Whale oil business was the most profitable return from the 1800 to 1900 in the history of AmericaWe bought Florida from Spain Andrew Jacson helped to purchase a lot of land for the US
  • Chandrashekar
    Interesting readFascinating read but shallow treatments across breadth of coverage. It is a quick read but would have loved to get more insights on why what happened more than just an elaboration of what happened. This is what would have allowed us to learn more from the history than mere narration.
  • Walter Zielkowski
    Realistic and thorough history of how America got it's position in the world. Highlighted most of the major events, leaders, and movements that shaped the success of American Capitalism. Quite dense, with a lot of details that I probably won't remember, but the overarching theme spoke of the many benefits of free markets, the freedom to innovate, light regulation and plentiful resources.
  • Phillip
  • Shirin
    The writing was poor but the analytical concepts and points were very good.
  • Lehtomaki
  • Ken Hamner
    Outstanding book.
  • Kristyn
    surprisingly, quite a page turner.
  • Melissa Gay
    Suggest public schools adopt this and other books on the topic as required reading for high schoolers.
  • haochen
    Not much new information If you read business news and is familiar with the US, this book won’t add much to your knowledge base
  • Evan
    A love song to capitalism in America, this book is great.
  • B
    High school and college kids should read this as part of their U.S. history class.