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Showing posts from December 9, 2007

The Spirit of Capitalism

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Although Aristide Boucicaut was the first to introduce retail consumerism to Paris in 1838 with his 'Bon Marche', the concept would transport and greatly expand itself throughout New York City only ten years later. Interestingly enough, 1848 was the year Karl Marx would write his revolutionary 'Communist Manifesto', detailing the phases of capitalism and the globalized economy. How would America join on the 'capitalism train'? And why would socialism pervade amidst this growing economic boom? The Department Store was by far America's ticket to economic success. Upper class women could now find Parisian-style fashions just minutes from their 'millionaire-row' homes, instead of having to travel the distance abroad to obtain these fashions. Even moreso- dresses, shoes, hats, and men's suits could be purchased at a relatively affordable price. By the 1920 s, many of these items could be purchased in mass consumption, thus propelling the capitalistic