The 2nd Industrial Revolution, the Gilded Age, Laissez-Faire Capitalism & Social Darwinism

[danriker]

This is the second part of the chapter on the development of American capitalism in my as yet unpublished book, Let's Do What Works and Call it Capitalism, covering the 2nd Industrial Revolution, the Gilded Age, Laissez-Faire Capitalism & Social Darwinism. Posted at dailykos: http://www.dailykos.com/blog/Dan%20Riker/
also at http://www.danriker.blogspot.com

[Crewleader]

1. Well said and well written danriker.....

Last edited Mon Aug 11, 2014, 06:01 PM - Edit history (1)

"The role that financial capitalism - commercial and investment banking - plays in the economy has steadily grown and today it represents about 40 per cent of the entire economy. The assets of the eight largest banks total $15 trillion – equal to about 90 per cent of the GDP.[29] This is not a very good development. While industrial capitalism created horrendous working conditions and paid slave-labor wages, it never disrupted the economy the way banks have repeatedly done. "

k&r

[prairierose]

2. danriker, this is very well written....

will you be posting a link when the book is finished? I would like to read the whole book.

[danriker]

3. I am hoping you will be able to buy the book (:-))

The book is finished, although this exercise of putting some chapters on line has caused me to make minor changes - like dividing the chapter on the development of capitalism into two parts. Also, I keep running across material that I want to add. That has to end soon, however. I need an agent who then can get a publisher for the book, but I need to build up interest in the book as part of an overall "platform" and promotion plan. It turns out that writing a good book is just the first step in having a successful book.