100 books like Capitalism

By Ayn Rand, Nathaniel Branden, Alan Greenspan , Robert Hessen

Here are 100 books that Capitalism fans have personally recommended if you like Capitalism. Shepherd is a community of 12,000+ authors and super readers sharing their favorite books with the world.

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Book cover of The Island at the Center of the World: The Epic Story of Dutch Manhattan and the Forgotten Colony That Shaped America

Thijs ten Raa Author Of Microeconomics: Equilibrium and Efficiency

From my list on microeconomics on how markets are interconnected.

Why am I passionate about this?

Microeconomics is a turnoff to most readers. Not without reason. Many books in this field are dull rewrites of other books and opaque.  In particular, it is not clear how the behavior of individual consumers and producers adds to the performance—good or bad—of an economy. The books listed here helped me to sharpen my own mind and to make my writing lucid.

Thijs' book list on microeconomics on how markets are interconnected

Thijs ten Raa Why did Thijs love this book?

This fascinating and very detailed history of early Manhattan shows how the Dutch with their policy based on individual liberty and free trade impacted not only New York City but even the shaping of America. 

I sensed this when I was an inhabitant of New York, but now I understand why.

By Russell Shorto,

Why should I read it?

5 authors picked The Island at the Center of the World as one of their favorite books, and they share why you should read it.

What is this book about?

In a riveting, groundbreaking narrative, Russell Shorto tells the story of New Netherland, the Dutch colony which pre-dated the Pilgrims and established ideals of tolerance and individual rights that shaped American history. 

"Astonishing . . . A book that will permanently alter the way we regard our collective past." --The New York Times

When the British wrested New Amsterdam from the Dutch in 1664, the truth about its thriving, polyglot society began to disappear into myths about an island purchased for 24 dollars and a cartoonish peg-legged governor. But the story of the Dutch colony of New Netherland was merely…


Book cover of Economic Theory in Retrospect

Thijs ten Raa Author Of Microeconomics: Equilibrium and Efficiency

From my list on microeconomics on how markets are interconnected.

Why am I passionate about this?

Microeconomics is a turnoff to most readers. Not without reason. Many books in this field are dull rewrites of other books and opaque.  In particular, it is not clear how the behavior of individual consumers and producers adds to the performance—good or bad—of an economy. The books listed here helped me to sharpen my own mind and to make my writing lucid.

Thijs' book list on microeconomics on how markets are interconnected

Thijs ten Raa Why did Thijs love this book?

Mark Blaug escaped the Netherlands, just in time before the Nazis marched in, went to New York University, and eventually wrote this colossal overview of the entire body of the economics literature. 

He is capable of ordering different formal approaches to the subject matter in plain English, what an achievement.

By Mark Blaug,

Why should I read it?

2 authors picked Economic Theory in Retrospect as one of their favorite books, and they share why you should read it.

What is this book about?

This is a history of economic thought from Adam Smith to John Maynard Keynes - but it is a history with a difference. Firstly, it is a history of economic theory, not of economic doctrines, that is, it is consistently focused on theoretical analysis, undiluted by entertaining historical digressions or biological colouring. Secondly, it includes detailed Reader's Guides to nine of the major texts of economics, namely the works of Smith, Ricardo, Mill, Marx, Marshall, Wickstead, Wicksell, Walras and Keynes, in the effort to encourage students to become acquainted at first hand with the writings of all the great economists.…


Book cover of Theory of Value: An Axiomatic Analysis of Economic Equilibrium

Thijs ten Raa Author Of Microeconomics: Equilibrium and Efficiency

From my list on microeconomics on how markets are interconnected.

Why am I passionate about this?

Microeconomics is a turnoff to most readers. Not without reason. Many books in this field are dull rewrites of other books and opaque.  In particular, it is not clear how the behavior of individual consumers and producers adds to the performance—good or bad—of an economy. The books listed here helped me to sharpen my own mind and to make my writing lucid.

Thijs' book list on microeconomics on how markets are interconnected

Thijs ten Raa Why did Thijs love this book?

As a math student I found economics a slippery subject and, therefore, was hesitant to read any book on the subject. 

Theory of Value is a short, formal manuscript, that includes the definition of an economy. It was the first book I read in economics and I loved it. It induced me to move to New York and to study the field.


By Gerard Debreu,

Why should I read it?

1 author picked Theory of Value as one of their favorite books, and they share why you should read it.

What is this book about?

"[This] beautiful and austere book . . . [is] an important landmark of economic theory."-F.H. Hahn, Journal of Political Economy
"An immortal classic of twentieth century economics. Every economist should own a copy."-Robert Lucas, University of Chicago
Theory of Value offers a rigorous, axiomatic, and formal analysis of producer behavior, consumer behavior, general equilibrium, and the optimality of the market mechanism for resource allocation.


Book cover of Wassily Leontief and Input-Output Economics

Thijs ten Raa Author Of Microeconomics: Equilibrium and Efficiency

From my list on microeconomics on how markets are interconnected.

Why am I passionate about this?

Microeconomics is a turnoff to most readers. Not without reason. Many books in this field are dull rewrites of other books and opaque.  In particular, it is not clear how the behavior of individual consumers and producers adds to the performance—good or bad—of an economy. The books listed here helped me to sharpen my own mind and to make my writing lucid.

Thijs' book list on microeconomics on how markets are interconnected

Thijs ten Raa Why did Thijs love this book?

Like Ayn Rand, Wassily Leontief is a Jew who left the Soviet Union and settled in the United States. 

However, he does not believe in free markets and even is a specialist in economic planning. The precision with which he analyzes the economic system, considering it as machine that transforms inputs into outputs is mind-boggling and answers difficult questions.

By Erik Dietzenbacher (editor), Michael L. Lahr (editor),

Why should I read it?

1 author picked Wassily Leontief and Input-Output Economics as one of their favorite books, and they share why you should read it.

What is this book about?

Wassily Leontief (1905-1999) was the founding father of input-output economics, for which he received the Nobel Prize in 1973. This book offers a collection of papers in memory of Leontief by his students and close colleagues. The first part, 'Reflections on Input-Output Economics', focuses upon Leontief as a person and scholar as well as his personal contributions to economics. It includes contributions by Nobel Laureate Paul A. Samuelson who shares his memories of a young Professor Leontief at Harvard and ends with the last joint interview with Wassily and his wife, to date previously unpublished. The second part, 'Perspectives of…


Book cover of Ages of American Capitalism: A History of the United States

William H. Janeway Author Of Doing Capitalism in the Innovation Economy: Reconfiguring the Three-Player Game between Markets, Speculators and the State

From my list on venture capital and the economics of innovation.

Why am I passionate about this?

After receiving my doctorate in Economics at Cambridge University, I embarked on a 35-year sabbatical as a venture capitalist focused on information technology. I learned about the critical role that the American state had played by sponsoring the computer industry. When the "Dotcom Bubble" of the late 1990s grossly overpriced my companies, because I had written my PhD thesis on 1929-1931 when the Bubble of the Roaring Twenties exploded, I had seen the movie before and knew how it ended. I returned to Cambridge determined to tell this saga of innovation at the frontier and the strategic roles played by financial speculation and the state in funding economic transformation."

William's book list on venture capital and the economics of innovation

William H. Janeway Why did William love this book?

Jon Levy provides a hugely creative account of American history through the evolution of its distinctive institution, capitalism.

He relates the unstable dynamics of financial markets to the waves of investment in real capital incorporating innovative technologies and never loses sight of the tension between power accumulated and expressed in markets and the distribution of political power, always attentive to how the former can take over control of the latter.

Levy’s work has enriched my own understanding of this contested history.

By Jonathan Levy,

Why should I read it?

1 author picked Ages of American Capitalism as one of their favorite books, and they share why you should read it.

What is this book about?

A leading economic historian traces the evolution of American capitalism from the colonial era to the present—and argues that we’ve reached a turning point that will define the era ahead.

“A monumental achievement, sure to become a classic.”—Zachary D. Carter, author of The Price of Peace

In this ambitious single-volume history of the United States, economic historian Jonathan Levy reveals how capitalism in America has evolved through four distinct ages and how the country’s economic evolution is inseparable from the nature of American life itself. The Age of Commerce spans the colonial era through the outbreak of the Civil War,…


Book cover of Brand New Nation: Capitalist Dreams and Nationalist Designs in Twenty-First-Century India

Mircea Raianu Author Of Tata: The Global Corporation That Built Indian Capitalism

From my list on capitalism in 21st century India.

Why am I passionate about this?

I'm a historian of global capitalism and South Asia, writing about corporations as they are and how they could be. I've looked at India with the eyes of an outsider, drawing on my experiences growing up in 1990s Eastern Europe during a time of political upheaval and shock privatizations as the old communist order crumbled. Having witnessed the rise of a new class of monopolists and oligarchs in its stead, I became interested in the many different ways capitalists exercise power in society over time and around the world, and how we as ordinary citizens relate to them. I'm now interested in thinkers, activists, and entrepreneurs who have tried to experiment with alternatives

Mircea's book list on capitalism in 21st century India

Mircea Raianu Why did Mircea love this book?

We start at the top with the Indian nation-state itself and how it has been turned into a brand. What lies behind the narrative of “emerging” economies as attractive destinations for foreign investors? Where does it come from and who does it serve? Establishing a persuasive link between identity politics, populist nationalism, and global capital, Ravinder Kaur offers a model of critical interdisciplinary scholarship on the present. From the World Economic Forum in Davos to the corridors of power in Delhi, Kaur’s interviews shed light on how Indian elites think of themselves in the world (and how this differs radically from the postcolonial dream of non-alignment and social democracy). The close reading of the “Incredible India” publicity campaign is especially innovative, bringing together visual analysis and political economy. 

By Ravinder Kaur,

Why should I read it?

1 author picked Brand New Nation as one of their favorite books, and they share why you should read it.

What is this book about?

A Financial Times Best Book of the Year

The first book that examines India's mega-publicity campaigns to theorize the global transformation of the nation-state into an attractive investment destination.

The early twenty-first century was an optimistic moment of global futures-making. The chief narrative was the emergence of the BRICS nations-leading stars in the great spectacle of capitalist growth stories, branded afresh as resource-rich hubs of untapped talent and potential, and newly opened up for foreign investments. The old third-world nations were rapidly embracing the script of unbridled capitalism in the hope of arriving on the world stage. If the tantalizing…


Book cover of It's OK to Be Angry About Capitalism

Mark E. Leib Author Of Image Breaker

From my list on Jewish life and ethics.

Why am I passionate about this?

I started studying Judaism as an adult in 1982, and in the 40 or so years that have passed since then I’ve read voraciously on the subject and have discussed it at length with Orthodox, Conservative, and Reform rabbis from Boston to Tampa. I’ve come to see over that time that Judaism’s objective is to shape conscientious, caring human beings who will bring light and compassion to the earth in spite of all the forces that want to keep trouble and insensitivity there. The books that I’ve listed are among the best in communicating the Jewish vision for the planet. I think you’ll learn much from them.

Mark's book list on Jewish life and ethics

Mark E. Leib Why did Mark love this book?

This may seem an unusual choice – and its title is entirely misleading – but what Sanders describes is what the U.S. might look like if it translated Biblical values into policy and law.

Sanders’s real subject is justice – social, economic, racial, and environmental. He describes a compassionate society in which all have access to life, liberty, and the pursuit of happiness, and in which no one is condemned to suffer because of the accidents of birth.

Significantly, Sanders backs up all his suggestions with explanations of how they could be translated into reality. Read this even if you didn’t vote for him!

By Bernie Sanders,

Why should I read it?

1 author picked It's OK to Be Angry About Capitalism as one of their favorite books, and they share why you should read it.

What is this book about?

THE SUNDAY TIMES AND NEW YORK TIMES BESTSELLER

'Galvanizing and uplifting' The Guardian

'Bernie Sanders has changed US politics forever' Owen Jones

It's OK to be angry about capitalism. It's OK to want something better. Bernie Sanders takes on the 1% and speaks blunt truths about a system that is fuelled by uncontrolled greed, and rigged against ordinary people. Where a handful of oligarchs have never had it so good, with more money than they could spend in a thousand lifetimes, and the vast majority struggle to survive. Where a decent standard of living for all seems like an impossible…


Book cover of Bankers and Empire: How Wall Street Colonized the Caribbean

Marc-William Palen Author Of The 'Conspiracy' of Free Trade: The Anglo-American Struggle over Empire and Economic Globalisation, 1846-1896

From my list on late-19th-century American capitalism and empire.

Why am I passionate about this?

I am a historian based in England, raised in Texas. While undertaking a summertime spoken Latin course at the Vatican in 2001 I found myself in the midst of Italian protests against that year’s G8 summit in Genoa. The strength of the anti-globalization movement, and the violent response from the Carabinieri, sparked an early interest in the historical controversies surrounding globalization and US foreign policy. Ten years later, I had a PhD in History from the University of Texas at Austin and the first draft of what would become my book, The “Conspiracy” of Free Trade

Marc-William's book list on late-19th-century American capitalism and empire

Marc-William Palen Why did Marc-William love this book?

Recovering histories nearly erased from the archival record is no easy task.

Hudson takes this daunting challenge on here as he traces the hidden ties binding the Gilded Age’s exploitative racial capitalist system with Wall Street’s subsequent imperial practices in the Caribbean. It’s a sordid tale that still resonates today; some of these same financial colonizers of the Caribbean still exist in the guise of Citigroup and Chase. 

By Peter James Hudson,

Why should I read it?

1 author picked Bankers and Empire as one of their favorite books, and they share why you should read it.

What is this book about?

From the end of the nineteenth century until the onset of the Great Depression, Wall Street embarked on a stunning, unprecedented, and often bloody period of international expansion in the Caribbean. A host of financial entities sought to control banking, trade, and finance in the region. In the process, they not only trampled local sovereignty, grappled with domestic banking regulation, and backed US imperialism-but they also set the model for bad behavior by banks, visible still today. In Bankers and Empire, Peter James Hudson tells the provocative story of this period, taking a close look at both the institutions and…


Book cover of Americana: A 400-Year History of American Capitalism

Derek Lidow Author Of The Entrepreneurs: The Relentless Quest for Value

From my list on most truthful about how entrepreneurship works.

Why am I passionate about this?

I have had the unique experience of having been a successful CEO of a global publicly traded semiconductor company, a founder and CEO of an innovative and valuable startup, and now as a teacher and scholar of entrepreneurship and innovation. I’m a Professor of the Practice at Princeton University where I teach and write about being a successful entrepreneur. My three books on the subject are: Startup Leadership: How Savvy Entrepreneurs Turn Their Ideas Into Successful Enterprises; Building on Bedrock: What Sam Walton, Walt Disney, and Other Great Self-Made Entrepreneurs Can Teach Us About Building Valuable Companies; and THE ENTREPRENEURS: The Relentless Quest for Value

Derek's book list on most truthful about how entrepreneurship works

Derek Lidow Why did Derek love this book?

This is a book of 35 short chapters that each describe a slice of America’s development from a new country into the leader of the capitalist world… which is actually a story about entrepreneurship. Srinvasan’s style is very engaging, and the book is a page-turner. Each chapter describes the development of a market or new way of doing business, like “railroads,” “steel,” “banking,” and “advertising.” Once you’ve finished reading this book, you cannot help but marvel at what entrepreneurs have accomplished.

By Bhu Srinivasan,

Why should I read it?

1 author picked Americana as one of their favorite books, and they share why you should read it.

What is this book about?

An absorbing and original narrative history of American capitalism

NAMED A BEST BOOK OF 2017 BY THE ECONOMIST

From the days of the Mayflower and the Virginia Company, America has been a place for people to dream, invent, build, tinker, and bet the farm in pursuit of a better life. Americana takes us on a four-hundred-year journey of this spirit of innovation and ambition through a series of Next Big Things -- the inventions, techniques, and industries that drove American history forward: from the telegraph, the railroad, guns, radio, and banking to flight, suburbia, and sneakers, culminating with the Internet…


Book cover of Sinews of War and Trade: Shipping and Capitalism in the Arabian Peninsula

Robert Vitalis Author Of Oilcraft: The Myths of Scarcity and Security That Haunt U.S. Energy Policy

From my list on crazy things we believe on oil and world politics.

Why am I passionate about this?

I have been fascinated with the relationship between the United States and the Middle East since my freshman year at the State University of New York at Stony Brook, where I began as a commuter, stuck in gasoline lines, during the “energy crisis” in the fall of 1973, and where I was among the first SUNY students to study abroad in Egypt after the United States resumed diplomatic relations. I wrote my dissertation on Egypt’s economic development (When Capitalists Collide: Business Conflict and the End of Empire in Egypt, 1995) and have been teaching and writing about U.S. involvement in the region for 35 years.

Robert's book list on crazy things we believe on oil and world politics

Robert Vitalis Why did Robert love this book?

Professor Laleh Khalili provides an absolutely riveting account of the transformation of the Gulf region, where the U.S. fifth fleet has operated since the 1990s, into a hub of world commerce in oil and arms. She argues that the lines between civilian and military logistics have grown increasingly blurred. To prove it, she takes us aboard the container ships, detours back to the time when British firms and government agencies ruled, explores the ports and free zones, follows the rails and roads, and uncovers the complex labor relations that make war and trade possible. 

By Laleh Khalili,

Why should I read it?

1 author picked Sinews of War and Trade as one of their favorite books, and they share why you should read it.

What is this book about?

On the map of global trade, China is now the factory of the world. A parade of ships full of raw commodities-iron ore, coal, oil-arrive in its ports, and fleets of container ships leave with manufactured goods in all directions. The oil that fuels China's manufacturing comes primarily from the Arabian peninsula. Much of the material shipped from China are transported through the ports of Arabian peninsula, Dubai's Jabal Ali port foremost among them. China's 'maritime silk road' flanks the peninsula on all sides.

Sinews of War and Trade is the story of what the making of new ports and…


Book cover of The Island at the Center of the World: The Epic Story of Dutch Manhattan and the Forgotten Colony That Shaped America
Book cover of Economic Theory in Retrospect
Book cover of Theory of Value: An Axiomatic Analysis of Economic Equilibrium

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