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Charles Sellers Capitalism And Democracy

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Capitalism and democracy Some historians, such as Charles Sellers and Nancy Cott, label the period following the war of 1812 as a Market Revolution. Whether the historian labels the period as such or not, all agree on the economic, social, and innovative changes and developments that occurred during this era. However, historians disagree on the positive or negative effects that took place because of these changes. Charles Sellers argues that this “Market Revolution,” called so because it introduced capitalism and other drastic changes, served only to strip the small farmers or businesses of any advantages and give it to the large corporations. Or in Jill Lepore’s words, “made the poor poorer; the middle-class smug, pious, and bourgeois;

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