This course examines the development of capitalism in the United States over the course of the twentieth century, paying special attention to the relationship between the economy and political, cultural and intellectual transformations. It will cover the rise of the modern corporation, the labor movement, the Great Depression and the New Deal, the economic impact of war in the twentieth century, racism and economics, the changing economic position of women, deindustrialization and the stock market boom of the 1990s. The class will focus in particular on the problem of how Americans have confronted and sought to understand hard economic times. In a country whose culture privileges the “American dream” of economic success, how have people dealt with struggle, difficulty and failure? How have financial panics, depressions and recessions, and economic decline affected American political economy and culture? Readings will incorporate both primary and secondary sources. Possible authors include Betty Friedan, John Kenneth Galbraith, Malcolm X and Ronald Reagan.