Finance And Management Faculty

Business & FinanceLatest years have seen an increase of textual information that’s accessible in electronic form. Acknowledging the shortcomings of traditional scholarship, however, should not be taken to imply that all activist scholarship is worthy. The new subfield referred to as the ‘history of capitalism’ is especially suspect. Most historians of capitalism have an activist agenda, whether or not they brazenly admit it or not. They wish to expose the issues of capitalism (which they never define but principally equate with the established order) to pave the way for monetary reforms and reparations for the descendants of slaves. Their activist impulse is just not the problem, though, their poor scholarship is. Many of the subfield’s canonical works have been closely criticized by economic historians, like myself (The Poverty of Slavery, 2017), and economist historians, together with most recently Eric Hilt (Financial History, Historic Analysis, and the ‘New History of Capitalism’,” Journal of … Read More