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The Relentless Revolution: A History of Capitalism Hardcover – January 4, 2010

3.6 out of 5 stars 19 customer reviews

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Product Details

  • Hardcover: 512 pages
  • Publisher: W. W. Norton & Company; 1St Edition edition (January 4, 2010)
  • Language: English
  • ISBN-10: 0393068943
  • ISBN-13: 978-0393068948
  • Product Dimensions: 6.5 x 1.6 x 9.6 inches
  • Shipping Weight: 1.6 pounds
  • Average Customer Review: 3.6 out of 5 stars  See all reviews (19 customer reviews)
  • Amazon Best Sellers Rank: #583,150 in Books (See Top 100 in Books)

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Customer Reviews

Top Customer Reviews

By Jay C. Smith on March 22, 2010
Format: Hardcover
As I was reading The Relentless Revolution I struggled a little thinking how best to characterize its purpose and content. On the surface it is as advertised, a history of capitalism. It covers several centuries globally, though with the Western emphasis inherent in the subject, and touches on most of the topics one would expect in a standard survey of modern economic history. However, it is not quite suitable for a college-level introductory text, because it is a little too personal, too up-front with the author's own convictions and interests. On the other hand, only occasionally does it penetrate deeply enough and present sufficiently sustained arguments to constitute much more than an introduction.

The most telling way to encapsulate the book, I concluded, is that it represents Joyce Appleby's attempt through historical reflection to sort out her own attitudes about capitalism. Since Appleby is a distinguished scholar, a past president of both the American Historical Association and the Organization of American Historians, one would expect her ruminations to be of some interest, and they often are, although not relentlessly so.

Most parts of Appleby's story have been told many times before: European exploration and commercial expansion, the advance in agricultural productivity, industrialization, the ascent of corporations and big business, the tribulations of depression, post World War II prosperity, the rise of Asian economies, the challenges and opportunities of contemporary globalization, and so on, right up to our most recent near meltdown. Where Appleby adds value, I believe, is through certain of her thematic insights, especially those rooted in topical ground where she herself has contributed to the primary research.
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Format: Hardcover
If you want a solid historical survey of the history of capitalism from someone who has no ideological axes to grind, this will fit the bill. In fact, because so many books written about capitalism are written either by principled debunkers or impassioned boosters, it is important to read multiple accounts. The notion that capitalism has a history is for some a radical claim. Some libertarians insist on the primacy of capitalism in a way that would suggest that capitalism is a natural, primordial economic system to such a degree that it is pretty much inevitable. Appleby, on the other hand, sees the development of capitalism as a highly contingent, event, something that might not have happened had not the right cultural preconditions existed (such as advances in agriculture that made it possible for a large number of the populace to leave farms for factories.

Appleby is primarily a historian who has focused on the 18th and early 19th centuries, so it is not a surprise that these are some of the most interested chapters in the book. The 19th century chapters were also quite good, but I felt that the book became a bit free ranging in the final chapters. The topics discussed were valid and important, but the connections between these chapters were not always clear.
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Format: Hardcover
This book takes the position that the scientific-seeming laws of economics are the product of historically specific circumstances, and focuses on explaining those circumstances. As another review suggested, one should read this book in conjunction with other "big history" books -- for example by Kenneth Pomeranz, David Landes, William McNeill, Jared Diamond, Gregory Clark.

Appleby thinks that capitalism emerged when people started to see themselves as calculating economic agents, more so than as occupiers of hereditary positions -- more specifically, when this view started to become dominant in society. This happened in seventeenth-century England, and her account of this period is the highlight of the book. She explains why neither the rise of skilled artisans in Italian city-states, nor the explorations of Spain and Portugal, nor yet the Industrial Revolution, really correspond to this shift. The trading wealth of the Dutch almost counts, but Appleby argues that England, unlike the Netherlands, had the natural resources, means to agricultural modernization, and active public sphere of opinion to make the first transition to capitalism proper. She emphasizes that economic risk-taking requires enough of an agricultural surplus to assure that risk-takers won't starve if something goes wrong, and England got there first.

I found that the book became increasingly haphazard and unfocused as it reached the 20th century; I would suggest reading up to the rise of Germany and the US in the 19th century, then switching over to Jeffry Frieden's book on global capitalism (appreciatively cited by Appleby).

The names of Jean Monnet and Steve Wozniak are misspelled, and there are a disturbing number of citations to non-scholarly websites, interspersed with citations to scholarly sources.
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