Article ID: CBB508309992

Capital as Process and the History of Capitalism (2017)

unapi

In the wake of the Great Recession, a new cycle of scholarship opened on the history of American capitalism. This occurred, however, without much specification of the subject at hand. In this essay, I offer a conceptualization of capitalism, by focus- ing on its root—capital. Much historical writing has treated capital as a physical factor of production. Against such a “mate- rialist” capital concept, I define capital as a pecuniary process of forward-looking valuation, associated with investment. Engag- ing recent work across literatures, I try to show how this con- ceptualization of capital and capitalism helps illuminate many core dynamics of modern economic life.

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Article Author missing; (2017) Debating Methodology in Business History: Introduction. Business History Review (pp. 443-455). unapi

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https://data.isiscb.org/isis/citation/CBB508309992/

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Authors & Contributors
Leon Fink
Goetzmann, William N.
Bishara, Fahad Ahmad
Zach Sell
Amaeshi, Kenneth
Vause, Erika
Concepts
Economic history
Capitalism
Business history
Economics
Money
Finance
Time Periods
19th century
20th century
21st century
18th century
Modern
17th century
Places
United States
Canada
India
Indian Ocean
Japan
France
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