Examine how economic development fueled the United States’ evolution from 13 backwater colonies to a global power.
Perhaps no story is as essential to get right as the history of capitalism. Nearly all of our theories about promoting progress come from how we interpret the economic changes of the last 500 years. This past decade’s crises continue to remind us just how much capitalism changes, even as its basic features—wage labor, financial markets, private property, entrepreneurs—endure. While capitalism has a global history, the United States plays a special role in that story. This course will help you to understand how the United States became the world’s leading economic power, revealing essential lessons about what has been and what will be possible in capitalism’s on-going revolution.
In 2014, Louis Hyman and Edward Baptist launched the first MOOC on the history of American Capitalism.
The course--available on three platforms (EdX, Youtube, and podcast) -- traces the history of American capitalism from the fall of Constantinople in 1453 to the recent financial crisis of 2008.
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Audit this course for free and have complete access to all the course material, activities, tests, and forums. If your work is satisfactory and you abide by the Honor Code, you'll receive a personalized Honor Code Certificate to showcase your achievement.
Course Learning Outcomes:
Upon completion of this course students will be able to: