One of the central characteristics of the new history of capitalism has been its tendency to defer the question of just what “capitalism” is. The project’s enquiry starts with the question, not with a predetermined answer. But in order to know where to look, historians have to start with some idea about what makes a place and a time capitalist. As Tim Shenk points out in a recent article in The New Republic, the clue around which they converge is economic growth. Continue reading →