One of the many reasons I’m a fan of reading history is its ability to offer frameworks for understanding the present. I recently finished Sven Beckert’s Capitalism: A Global History, a 1,300-page monument to scholarship that The New York Times praised as “generational” in its importance. I tend to agree. Its pages contain foundational truths which enliven today’s debate around the role of technology in society.
Beckert argues that over the past millennium, capitalism’s amoral ideology of “accumulation above all else” has become so deeply embedded in the global political economy that we no longer question its core assumptions.
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