THE SINEWS OF AMERICAN CAPITALISM

by Clark C. Spence ‧ RELEASE DATE: N/A

This economic history is the third volume in a series which began with Bernard Schwartz's The Reins of Power and Ruhl Bartlett's Policy and Power. It attempts to explain nothing less than the development of the U.S. from an almost completely agrarian economy two centuries ago into our present fantastically complex situation, where we who amount to only about 6% of the world population somehow manage to produce some 40% of the world's goods and services. The treatment is generous if plodding; the statements are uniformly conservative and uncontroversial. Mr. Clark's glance back at the simplicity of 18th century free enterprise, and even that of the 19th, is full of implicit wistfulness. He distrusts big government at least as much as he does big labor or big business, and it is significant that, in a listing of our great contemporary problems, including automation, balance of payments, and urban sprawl, he puts ""the long-term plight of the American farmer"" first. Given this sort of bias, and it is seldom more than tacit, the main threads are well identified and pursued.

Pub Date: N/A

ISBN: N/A

Page Count: -

Publisher: Hill & Wang

Review Posted Online: N/A

Kirkus Reviews Issue: June 15, 1964

Categories: NONFICTION