Peter Chardon
Brooks Adams (June 24, 1848,
Quincy, Massachusetts - February 13, 1927,
Boston), was an
American historian and a
critic of capitalism. He graduated from
Harvard University in 1870 and studied at
Harvard Law School in 1870 and 1871.
He believed that commercial civilizations rise and fall in predictable cycles. First, masses of people draw together in large population centers and engage in commercial activities. As their desire for wealth grows, they discard spiritual and creative values. Their greed leads to distrust and dishonesty, and eventually the society crumbles. In
The Law of Civilization and Decay (1895), Adams noted that as new population centers emerged in the west, centers of world trade shifted from
Constantinople to
Venice to
Amsterdam to
London. He predicted in
America's Economic Supremacy (1900) that
New York would become the world trade center.
Adams was a great-grandson of
John Adams, a grandson of
John Quincy Adams, the youngest son of U.S. diplomat
Charles Francis Adams, and brother to
Henry Brooks Adams, philosopher, historian, and novelist, whose theories of history were influenced by his work. His maternal grandfather was
Peter Chardon Brooks, the wealthiest man in Boston at the time of his death. He was elected a Fellow of the
American Academy of Arts and Sciences in 1918.
The 1900 US Census shows Brooks Adams as living in Quincy, Mass. The Census report also shows he married Evelyn Davis around 1890. The...
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