Abstract
Accounts that attribute nationalism to capitalism or industrialization face the problem of nationalism in late?stage capitalist, or as some might say, post?industrial, societies. While increasing social significance has been attributed to economic growth throughout human history, reasons for this are far from self?evident. By looking at arguments made by Marx, List, and Smith, a new understanding of the relationship between nationalism and economics emerges?one that explains the attribution of social importance to economic development by revealing it as a function of nationalism.