American Capitalism: 1900 to Present

3 Credits

An examination of the evolution of American capitalism from 1900 to the present, with special attention on the emergence of the United States as the world's leading economic power; the impact of big business on work and government regulation; causes and consequences of the Great Depression; the role of business in the two world wars; postwar growth followed by the decline of U.S. global competitiveness; why consumerism occupied a central role in U.S. history; the influence of economic theory on policymaking; realities and mythologies of Reaganomics and Clintonomics; and the economic impact of the digital revolution.