The History of American Capitalism and the Financial Crisis

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This chapter explores the history of American capitalism in the 1980s, examining the shift towards shareholder capitalism and the ensuing financial crisis. It also discusses the election of a president promising a new approach to capitalism and the American public's reaction, culminating in a call for protest reminiscent of the Boston Tea Party.

Two wildly different political movements — Occupy Wall Street and the Tea Party — emerged from the Great Recession. They forever changed the way Americans think about capitalism and democracy.

This episode was produced by Avishay Artsy, edited by Matt Collette, fact-checked by Laura Bullard and Serena Solin, engineered by Rob Byers and Patrick Boyd with original music by Jon Ehrens, and hosted by Noel King. Additional editorial support from Miles Bryan, Jolie Myers, and Miranda Kennedy.

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