Capitalism Archives | National Humanities Center

Capitalism

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The Myth of Ownership: Taxes and Justice

By Liam Murphy (NHC Fellow, 2000–01) In a capitalist economy, taxes are the most important instrument by which the political system puts into practice a conception of economic and distributive justice. Taxes arouse strong passions, fueled not only by conflicts of economic self-interest, but by conflicting ideas of fairness. Taking as a guiding principle the … Continued

A Pro-Slavery Argument, 1857

With an argument that was as much a critique of industrialism as it was a defense of slavery, Southern spokesmen contended that chattel slavery, as it was practiced in the American South, was more humane than the system of “wage slavery” that prevailed in the industrial North and Great Britain.

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Who Counts in Capitalism? The Case of the Early Cigarette Industry

Too often, the history of corporate capitalism is told as a story of “great men” who innovated by creating new labor systems and irresistible commodities. The reality is far more interesting. This webinar puts the ordinary people who built the early the cigarette industry, before the dangers of smoking were understood, at the forefront. Hundreds … Continued