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Trading SpacesThe Colonial Marketplace and the Foundations of American Capitalism$
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Emma Hart

Print publication date: 2019

Print ISBN-13: 9780226659817

Published to Chicago Scholarship Online: September 2020

DOI: 10.7208/chicago/9780226659954.001.0001

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The Colonial Marketplace’s American Legacy

The Colonial Marketplace’s American Legacy

Chapter:
(p.215) Epilogue The Colonial Marketplace’s American Legacy
Source:
Trading Spaces
Author(s):

Emma Hart

Publisher:
University of Chicago Press
DOI:10.7208/chicago/9780226659954.003.0009

Like their colonial forbearers, Americans are still wrestling with a market system that wants to allow individual economic freedom, while also promoting a national ideal reliant on the public good for its success and its integrity. The struggle is far from unique to the American economy, but the nature of the republican project makes the stakes that much higher, while the deep, colonial, racist, roots of individualism make the struggle all the more intense. This is a project that has now been underway for nearly 250 years, and it seems we have only inched closer to a satisfactory solution to its core contradictions. It is also a project, however, that requires Americans to carry on looking for that elusive resolution; one that will at once allow them to do as they please in the marketplace while also contributing to the greater good of the United States of America.

Keywords:   colonial legacy, common good, inequality, racism

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