Wealth, Power, and the Crisis of Laissez Faire Capitalism

by D. Gibson (Author)



This forcefully argued book offers a provocative picture of the political, intellectual, and economic forces that have shaped the history of the United States, offering an extensive and in-depth critique of laissez-faire doctrine and a novel reformulation of the work of American System writers, Gibson traces America's rise to global supremacy.

Table of contents (10 chapters)

Serving Property or Promoting the General Welfare

American System v. Smith

Emerging Oligarchy: Absentee Owners Take Control

Imperialism and the Rise of an American Oligarchy

FDR and JFK Revive the American System

Oligarchs Take Over Foreign Policy

Oil, the IMF, and the Free Trade Imperialism Offensive

Bush, Laissez Faire, and Free Trade Imperialism

Laissez Faire at Home

An Oligarchy That Must Change and Can’t Change


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