The most recommended books on capitalism

Who picked these books? Meet our 252 experts.

252 authors created a book list connected to capitalism, and here are their favorite capitalism books.
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Book cover of Temporary

Alison B. Hart Author Of The Work Wife

From my list on women’s ambition and battle for our souls at work.

Why am I passionate about this?

I’ll tell you a secret. I’m obsessed with money—not fast cars, designer labels, and McMansions, but the accumulation of capital: who has it, how they got it, and what lengths they’re willing to go to to keep it. So I’ve always loved novels about work. They cut right to the heart of a character’s true motivations, revealing what they’ll fight for and who they’ll love. Don’t show me what a person looks like, show me how they earn (or don’t earn) their living, and I’ll remember them forever.

Alison's book list on women’s ambition and battle for our souls at work

Alison B. Hart Why did Alison love this book?

I spent my summers during college doing odd jobs as a temp, but even readers who’ve never known anything but “the steadiness” at work will enjoy this mythical look at the gig economy.

The unnamed narrator, born from a long line of temps, takes pride in her ability to “accurately replace a person,” whether that’s a pirate, an assassin, or even the chairman of the board. This book is for anyone who’s ever wondered what it would take not just to survive their job but to transcend it.

By Hilary Leichter,

Why should I read it?

2 authors picked Temporary as one of their favorite books, and they share why you should read it.

What is this book about?

In Temporary, a young woman’s workplace is the size of the world. She fills increasingly bizarre placements in search of steadiness, connection, and something, at last, to call her own. Whether it’s shining an endless closet of shoes, swabbing the deck of a pirate ship, assisting an assassin, or filling in for the Chairman of the Board, for the mythical Temporary, “there is nothing more personal than doing your job.” 

This riveting quest, at once hilarious and profound, will resonate with anyone who has ever done their best at work, even when the work is only temporary.


Book cover of Freaks of Fortune: The Emerging World of Capitalism and Risk in America

Timothy Alborn Author Of Misers: British Responses to Extreme Saving, 1700-1860

From my list on the strangeness of money.

Why am I passionate about this?

I’ve been fascinated by money since I was a graduate student when I had even less of it than I do today (as a British historian in the CUNY system). We all carry it in our wallets and have more or less of it in the bank, but it’s also in the air we breathe, suffusing the books we read and the decisions we make. So when I started researching and writing about the British past, money and its associated institutions seemed like an obvious place to start looking. It has yet to let me down, enabling me to discover new things to say about politics, literature, and society.

Timothy's book list on the strangeness of money

Timothy Alborn Why did Timothy love this book?

Although this book is ostensibly about risk, none of Levy’s fascinating case studies stray far from money. Indeed, one of his central claims is that modern capitalism transforms risk into a financial calculation, whereby money’s fluid nature can be employed to divert uncertainty in different directions. Although the goal in such transactions is always to contain risk, the reality (as brilliantly recounted by Levy) is far less certain.

I read this book immediately after writing about the history of British life insurance, and most of these cases (about insuring slave ships, African-American savings, farm mortgages, and the stock market, among others) reinforced the lessons I had learned about the Quixotic and hubristic nature of risk management. The upshot of the book is that, over the course of America’s long nineteenth century, the rich got richer, and the poor got empty promises. Its brilliance lies in the relish with which Levy…

By Jonathan Levy,

Why should I read it?

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

What is this book about?

Until the early nineteenth century, "risk" was a specialized term: it was the commodity exchanged in a marine insurance contract. Freaks of Fortune tells the story of how the modern concept of risk emerged in the United States. Born on the high seas, risk migrated inland and became essential to the financial management of an inherently uncertain capitalist future.

Focusing on the hopes and anxieties of ordinary people, Jonathan Levy shows how risk developed through the extraordinary growth of new financial institutions-insurance corporations, savings banks, mortgage-backed securities markets, commodities futures markets, and securities markets-while posing inescapable moral questions. For at…


Book cover of The Rise and Fall of Neoliberal Capitalism

Robert Chernomas Author Of Neoliberal Lives: Work, Politics, Nature, and Health in the Contemporary United States

From my list on class warfare and that the wrong class is winning.

Why am I passionate about this?

Neoliberalism and I have grown up in opposition to one another over the past four decades. As a professor of economics, union, and political activist I have observed, wrote about, and resisted its effects on the life chances of the great majority of its citizens with particular focus on the United States as its primary protagonist and gatekeeper. The opposition to this transformative epoch included writing about the significant contributions of my profession to Neoliberal economics in two previous books; The Profit Doctrine: The Economists of the Neoliberal Era and Economics in the 21st Century: A Critical Perspective.

Robert's book list on class warfare and that the wrong class is winning

Robert Chernomas Why did Robert love this book?

In addition to its excellent coverage of the economics of this transformation, its historical account of the shift in class partnerships makes a unique contribution to our understanding of the period. In the Golden Age of the previous period Big Business maintained a fraught alliance with its unions willing to pay growing wages closely aligned with labor productivity growth with the grudging acceptance of higher taxes and regulations of the Keynesian era leaving small business to fend for itself. Once Japan and Germany reindustrialized creating a more competitive economic landscape Kotz describes the full-blown class warfare identified by Buffet as Big Business realigned with small business to fight for cuts to its wages, taxes, regulatory costs and unions, and progressive politics.

By David M. Kotz,

Why should I read it?

1 author picked The Rise and Fall of Neoliberal Capitalism as one of their favorite books, and they share why you should read it.

What is this book about?

The financial and economic collapse that began in the United States in 2008 and spread to the rest of the world continues to burden the global economy. David Kotz, who was one of the few academic economists to predict it, argues that the ongoing economic crisis is not simply the aftermath of financial panic and an unusually severe recession but instead is a structural crisis of neoliberal, or free-market, capitalism. Consequently, continuing stagnation cannot be resolved by policy measures alone. It requires major institutional restructuring.

"Kotz's book will reward careful study by everyone interested in the question of
stages in…


Book cover of Marx's Das Kapital: A Biography

Michael Roberts Author Of The Long Depression: Marxism and the Global Crisis of Capitalism

From my list on love and capitalism.

Why am I passionate about this?

Marxian Economics and its relevance to a better world and socialism has been my passion since I became an adult. My expertise in this subject, such as it is, has been sharpened by the study of Marx and Engels’ great works, but also by the efforts of so many others since; some of whom are included in my five best books. But above all, it is the knowledge that in this world of nearly 8 billion people, most do not have a happy and fulfilling life but face daily toil and struggle to live (and die). Humanity has the power and technology to do better; we just need to organise our social and governmental structures to achieve it.

Michael's book list on love and capitalism

Michael Roberts Why did Michael love this book?

Francis Wheen is a witty journalist who has written a short but revealing biography of Karl Marx. And in this book, he explains in no more than 100 pages, how Marx came to write his masterpiece, Das Kapital. He shows why Marx’s great treatise deserves to be read and understood.

By Francis Wheen,

Why should I read it?

1 author picked Marx's Das Kapital as one of their favorite books, and they share why you should read it.

What is this book about?

In vivid detail, Francis Wheen tells the story of Das Kapital and Karl Marx’s twenty-year struggle to complete his unfinished masterpiece. Born in a two-room flat in London’s Soho amid political squabbles and personal tragedy, the first volume of Das Kapital was published in 1867, to muted praise. But after Marx’s death, the book went on to influence thinkers, writers, and revolutionaries, from George Bernard Shaw to V. I. Lenin, changing the direction of twentieth-century history. Wheen’s captivating, accessible book shows that, far from being a dry economic treatise, Das Kapital is like a vast Gothic novel whose heroes are…


Book cover of Visco

Denise Baden Author Of Habitat Man

From my list on climate fiction to give you hope for our lovely planet.

Why am I passionate about this?

My day job is as a sustainability academic, so it’s hard to escape concern for our future and what we’re doing to our wonderful planet. I seek refuge in writing fiction. For me, if I can write the solutions, then maybe people will adopt them. But first and foremost, I love fiction as an escape, so I write and seek out books that make me happy and are filled with love and hope and exciting ideas to keep you turning the page. I also run the Green Stories project which hosts free writing competitions to help us imagine positive visions of a sustainable society.

Denise's book list on climate fiction to give you hope for our lovely planet

Denise Baden Why did Denise love this book?

We may have visions of what a sustainable society might look like, but how could we possibly get there?

This story imagines a giant music festival which allows free access to those who need care and their carers and designs a care-based mini-society. But they love it so much, no one wants to go home when the music stops. So they don’t!

David Fell brings to this novel all the knowledge he has gained in his years working as a sustainability consultant, and packages it with engaging characters and an exciting plot.

By David Fell,

Why should I read it?

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

What is this book about?

Jo Castle, Londoner and thirty-something firefighter, wants to save the world by being the opposite of Jack Reacher. She starts with care – care for her friends and family, care for community, care for the planet. Together with best friend Miranda, step-brother Mike and ex-boyfriend Robert, Jo turns a giant music festival on an island in the River Thames into the living city of Visco. Visco is a ‘carnival of care’, a radical experiment that challenges the very bedrock of capitalism. The story of its emergence, and how it overcomes the Establishment, is a ray of hope in dark times.


Book cover of The Nature of Money

Tim Di Muzio Author Of An Anthropology of Money: A Critical Introduction

From my list on money and capitalism from a political economist.

Why am I passionate about this?

I’m a Canadian political economist working in Australia as an Associate Professor in International Relations and Political Economy at the University of Wollongong, just south of Sydney. I’ve been fascinated by the history of capitalism and money since post-graduate school. Eventually I had some time to do a deep dive into the existing scholarly literature on money and have so far written two books on the topic and multiple articles. I hope you enjoy my book recommendations as much as I enjoyed reading them.   

Tim's book list on money and capitalism from a political economist

Tim Di Muzio Why did Tim love this book?

This book was a real eye-opener and can be considered seminal across the social sciences for its breadth and depth of analysis on money. 

I loved this book because it filled so many gaps in my knowledge. I was drawn to it because I once asked my professor how new money was generated and he said he knew but he forgot. 

This made me think that money might not be all that important to understanding capitalism. Alas, I was dead wrong of course and returned to my question years later.

That’s how I found Professor Ingham’s book. I still have comprehensive notes from his work and consult them regularly. 

This book is essential for anyone who wants to understand the past and present of money. 

By Geoffrey Ingham,

Why should I read it?

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

What is this book about?

In this important new book, Geoffrey Ingham draws on neglected traditions in the social sciences to develop a theory of the 'social relation' of money. * Genuinely multidisciplinary approach, based on a thorough knowledge of theories of money in the social sciences * An original development of the neglected heterodox theories of money * New histories of the origins and development of forms of money and their social relations of production in different monetary systems * A radical interpretation of capitalism as a particular type of monetary system and the first sociological outline of the institutional structure of the social…


Book cover of Liberty's Dawn: A People's History of the Industrial Revolution

Henry C. Clark Author Of Compass of Society: Commerce and Absolutism in Old-Regime France

From my list on understanding where “capitalism” came from.

Why am I passionate about this?

I have long found it mysterious how we can live in what is truly one interconnected global order. Traders, merchants, deal-makers have long been viewed with suspicion. I wrote Compass of Society to explore how one country, France, with its tradition of land-based elites, could contemplate remaking itself as a “commercial society.” Adam Smith said that even in his time, everyone “becomes in some measure a merchant, and the society itself... a commercial society.” Revisionists are finding high levels of commercialization even in premodern China and India. In this list, I picked five of my favorite books that reshaped our understanding of where European “capitalism” came from.

Henry's book list on understanding where “capitalism” came from

Henry C. Clark Why did Henry love this book?

At one point in her excellent study, the author writes, “Generations of historians have painted the industrial revolution in relentlessly dark colours: a force which was wholly destructive for the poor, remorseless, unforgiving in its grinding down of the independent labourer of old. This, clearly, is not the assessment of those who lived through it.” The basis of her claim is a survey of over three hundred autobiographies written by English laborers of the time. Though she expected her readers to be surprised, since workers are famously supposed to be the leading rebels against the onset of “capitalism,” those who have read the other titles on my list will be less surprised. Their messy and eclectic array of passions and interests will seem altogether familiar.

By Emma Griffin,

Why should I read it?

1 author picked Liberty's Dawn as one of their favorite books, and they share why you should read it.

What is this book about?

This remarkable book looks at hundreds of autobiographies penned between 1760 and 1900 to offer an intimate firsthand account of how the Industrial Revolution was experienced by the working class. The Industrial Revolution brought not simply misery and poverty. On the contrary, Griffin shows how it raised incomes, improved literacy, and offered exciting opportunities for political action. For many, this was a period of new, and much valued, sexual and cultural freedom. This rich personal account focuses on the social impact of the Industrial Revolution, rather than its economic and political histories. In the tradition of best-selling books by Liza…


Book cover of Moneyless Society: The Next Economic Evolution

Blaine Stewart Author Of Hourglass Socioeconomics: Vol. 1, Principles & Fundamentals

From my list on reads that are almost economics.

Why am I passionate about this?

I'm addicted to discovering what lies within the unknown. The biggest mystery, I believe, that baffles us today is not necessarily what lies at the edge of the universe but what lives within this one here. I enjoy attempting to solve large problems and if I can’t compute a result at least understand what the problem suggests. In the realm of the unknown, I'm an expert of nothing. In hours of research and reading and writing, one comes to a point in their process of learning with the realization that it does not matter how much one learns, there will always be that much more, logarithmically multiplied exponentially by the rate of acceleration, to learn.

Blaine's book list on reads that are almost economics

Blaine Stewart Why did Blaine love this book?

Moneyless Society, conceptually, is a curious read. Tracking how money affects us all and its presence as a centralized decay against society is another curious concept. I enjoyed reading Moneyless Society for the context of why change needs to be made. Surrounded by the author’s intent in publication is a group of individuals committed to making change. I may quote in my own volumes that money is necessary as a tool but that does not mean you can’t argue otherwise. Moneyless Society is a great feel-good economic story through history into potential change.

By Matthew Holten,

Why should I read it?

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

What is this book about?

IT'S TIME FOR AN ECONOMIC EVOLUTION.The evidence is all around us: Humans are squandering natural resources and destroying the environment. There is no real debate about climate change. And with an ever-widening wealth gap, inequality is destabilizing many regions and worsening famine, disease, and civil unrest.

We must change, fast - and yet we hesitate.

Moneyless Society: The Next Economic Evolution explores how capitalism throttles Earth's capacity to sustain life and undermines our deep longing to live in peace and prosperity. Fortunately, it also provides a blueprint to innovative thinking and new structures to replace our outmoded monetary system. In…


Book cover of Tracing Archaeology's Past: The Historiography of Archaeology

Alice Beck Kehoe Author Of Girl Archaeologist: Sisterhood in a Sexist Profession

From my list on revealing the history of archaeology.

Why am I passionate about this?

Observant of the world around me, and intellectual, I discovered my ideal way of life at age 16 when I read Kroeber's massive textbook Anthropology, 1948 edition. Anthropologists study everything human, everywhere and all time. Archaeology particularly appealed to me because it is outdoors, physical, plus its data are only the residue of human activities, challenging us to figure out what those people, that place and time, did and maybe thought. As a woman from before the Civil Rights Act, a career was discouraged; instead, I did fieldwork with my husband, and on my own, worked with First Nations communities on ethnohistorical research. Maverick, uppity, unstoppable, like in these books.

Alice's book list on revealing the history of archaeology

Alice Beck Kehoe Why did Alice love this book?

I was at the landmark conference in 1987 that legitimated critical analyses of archaeological work and the socio-cultural parameters in which it takes place. We were all surprised at the numbers, range of interests, range of professional standing of the participants, and enthusiasm––all reflected in the papers in this book.  Dipping into it startles with the diversity of persons and places and times affecting the history of archaeology. Feminist concerns were loud and clear and critiqued from a supportive standpoint. Pair this with Trigger's magisterial history to see how he distilled a multitude of disparate activities oriented to the past, into his deeply discerning long story.  

By Andrew L. Christenson (editor),

Why should I read it?

1 author picked Tracing Archaeology's Past as one of their favorite books, and they share why you should read it.

What is this book about?



In 17 critical essays, the first book to address the historiography of archaeology evaluates how and why the history of archaeology is written.

The emphasis in the first section is on how archaeologists use historical knowledge of their discipline. For example, it can help them to understand the origin of current archaeological ideas, to learn from past errors, and to apply past research to current questions. It can even be integrated into the new liberal arts curricula in an attempt to instruct students in critical thinking.

The second section considers the sociopolitical context within which past archaeologists lived and worked…


Book cover of Capitalism and Freedom

Jeffrey A. Miron Author Of Libertarianism, from A to Z

From my list on Libertarianism.

Why am I passionate about this?

Jeffrey Miron has taught a popular course on libertarian principles at Harvard for 17 years, explaining how to apply libertarianism to economic and social affairs. Miron also serves as the Vice President for Research at the libertarian Cato Institute. Miron has a consistent track record of defending libertarian policies, such as the legalization of all drugs, vastly expanded legal immigration (perhaps to the point of open borders), drastically reduced government expenditure, and substantial deregulation.

Jeffrey's book list on Libertarianism

Jeffrey A. Miron Why did Jeffrey love this book?

Capitalism and Freedom is the greatest exposition of the consequential case for libertarianism. In other words, Milton Friedman’s case for libertarian policies rests not on moral assumptions or “natural” rights but on showing that capitalism is important because it has positive consequences – it enables human prosperity and flourishment.

Perhaps as importantly, Capitalism and Freedom shows that economic freedom is a necessary condition not just for economic prosperity but for personal and political freedom. Thus, free markets are not only compatible with democracy (contra what many people claim), but a necessary condition for protecting democracy and personal freedoms.

This book’s outlook is probably the closest to the one articulated in my book. It is also the most recent one on the list, making it an easy read.

By Milton Friedman,

Why should I read it?

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

What is this book about?

One of TIME magazine's All-TIME 100 Best Nonfiction Books
One of Times Literary Supplement's Hundred Most Influential Books Since the War
One of National Review's 100 Best Nonfiction Books of the Century
One of Intercollegiate Studies Institute's 50 Best Books of the 20th Century How can we benefit from the promise of government while avoiding the threat it poses to individual freedom? In this classic book, Milton Friedman provides the definitive statement of an immensely influential economic philosophy--one in which competitive capitalism serves as both a device for achieving economic freedom and a necessary condition for political freedom.

First published…


Book cover of Temporary
Book cover of Freaks of Fortune: The Emerging World of Capitalism and Risk in America
Book cover of The Rise and Fall of Neoliberal Capitalism

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