A Thousand Years of Capitalism

We’re talking about capitalism this time, trying to reckon the power of big money to shape—even rule—the human species. Capitalism is the one-word name given to a thousand-year-old force. It’s not a science or doctrine or mere politics. It’s a thoroughly human and ever-changing arrangement of affairs that can produce rapid and vast expansion of wealth in private hands.

Sven Beckert.

And Capitalism is the title of our guest Sven Beckert’s new thousand-page history of the whole thing. A thousand pages covering a thousand years. The opening line in his book is, “We live in a world created by capitalism.” How did it happen? Is it still happening, for better or worse? Did it have to happen?

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