The Long Arc of American Capitalism: A History Since 1877 The year 1877 is often cited as a turning point in US history, marking the end of Reconstruction and the beginning of a new era of industrialization and capitalist growth.
This period saw the rise of powerful corporations, rapid technological innovation, and unprecedented economic expansion.
The trajectory of American capitalism has been shaped by a complex interplay of factors: technological advancements, shifting global dynamics, and social movements.