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The Mediating NationLate American Realism, Globalization, and the Progressive State$
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Nathaniel Cadle

Print publication date: 2014

Print ISBN-13: 9781469618456

Published to North Carolina Scholarship Online: January 2015

DOI: 10.5149/northcarolina/9781469618456.001.0001

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PRINTED FROM UNIVERSITY OF NORTH CAROLINA PRESS SCHOLARSHIP ONLINE (www.northcarolina.universitypressscholarship.com). (c) Copyright University of North Carolina Press, 2022. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in NCSO for personal use.date: 06 July 2022

Improper Wealth Getting

Improper Wealth Getting

Henry James, the Rise of Finance Capitalism, and the Emerging Global Cultural Economy

(p.96) Chapter Three Improper Wealth Getting
The Mediating Nation

Nathaniel Cadle

University of North Carolina Press

This chapter examines the role played by American literature in the rise of finance capitalism, one of the more prominent and controversial processes of globalization at the turn of the twentieth century. More specifically, it analyzes the transformation in Henry James's understanding of the relationship between America and Europe by focusing on major revisions in his 1907 novel The American. It shows how those revisions enabled James to transform a straightforward satire of Gilded Age investment bankers into a scathing critique of finance capitalism and an analysis of the global cultural economy that aligned the cultural commitments and economic interests of Europe and America.

Keywords:   finance capitalism, American literature, globalization, Henry James, America, Europe, The American, cultural economy

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