How America Became Capitalist : Imperial Expansion and the Conquest of the West

No nation in the history of the world has been more closely identified with capitalism than the United States. Capitalism, politicians and business leaders confidently assert, is and always has been at the heart of the American dream.Not so fast, says James Parisot. In__How America Became Capitalist__, he tells the little-known story of how our economic system came to be, and of the alternatives that were sidelined along the way. Capitalist elements were apparent from the first colonies of white settlers, but they were far from dominant, and they weren’t the driving factor in the advancement of colonies deeper into the continent. Even slavery, which was at the heart of both American capitalism and imperialism throughout much of the nation’s growth, was less a monolithic force than a series of complicated encounters that took different forms. Individual difference slowed the homogenization of capitalism as well, as transgender people, gays and lesbians, and people in interracial relationships all brought complexity to the market’s idea of the typical household.At a moment when the long-term viability of capitalism is coming increasingly into question,__How America Became Capitalist__reminds us that the path to its dominance was never so smooth, nor so complete, as its champions would have us believe. No nation in the history of the world has been more closely identified with capitalism than the United States. Capitalism, politicians and business leaders confidently assert, is and always has been at the heart of the American dream. Not so fast, says James Parisot. In How America Became Capitalist , he tells the little-known story of how our economic system came to be, and of the alternatives that were sidelined along the way. Capitalist elements were apparent from the first colonies of white settlers, but they were far from dominant, and they weren’t the driving factor in the advancement of colonies deeper into the continent. Even slavery, which was at the heart of both American capitalism and imperialism throughout much of the nation’s growth, was less a monolithic force than a series of complicated encounters that took different forms. Individual difference slowed the homogenization of capitalism as well, as transgender people, gays and lesbians, and people in interracial relationships all brought complexity to the market’s idea of the typical household. At a moment when the long-term viability of capitalism is coming increasingly into question, How America Became Capitalist reminds us that the path to its dominance was never so smooth, nor so complete, as its champions would have us believe. Has America always been capitalist? Today, the US sees itself as the heartland of the international capitalist system, its society and politics intertwined deeply with its economic system. This book looks at the history of North America from the founding of the colonies to debunk the myth that America is 'naturally' capitalist.

From the first white-settler colonies, capitalist economic elements were apparent, but far from dominant, and did not drive the early colonial advance into the West. Society, too, was far from homogeneous - as the role of the state fluctuated. Racial identities took time to imprint, and slavery, whilst at the heart of American imperialism, took both capitalist and less-capitalist forms. Additionally, gender categories and relations were highly complex, as standards of ‘manhood’ and ‘womanhood’ shifted over time to accommodate capitalism, and as there were always some people challenging this binary.

By looking at this fascinating and complex picture, James Parisot weaves a groundbreaking historical materialist perspective on the history of American expansion. In an age of political and economic uncertainty, from the Great Recession to the election of Donald Trump, it is essential to understand the ways capitalism and imperialism are central to the American way of life. The story told in this book brings together a new interpretation of American history beyond mainstream perspectives to chart the ways in which white-settler colonialism pushed expansion on the western frontier of empire, and locates the history through which empire gradually took on a capitalist form. It follows the pathway of expansion from the making of an Atlantic world market through the creation of white colonies in New England and Virginia. From here the book charts the growth of empire across the north and south, highlighting the gendered dynamics of empire-building, and culminates in a discussion of the Civil War and the consolidation of over two centuries of capitalist development explaining how a society with capitalism became a capitalist society. An epic history of the formation of American capitalism, focusing on gender, race and Empire