Book picks similar to
Hamilton's Blessing: The Extraordinary Life and Times of Our National Debt by John Steele Gordon
history
economics
american-history
nonfiction
The Corporation: The Pathological Pursuit of Profit and Power
Joel Bakan - 2003
Eminent Canadian law professor and legal theorist Joel Bakan contends that today's corporation is a pathological institution, a dangerous possessor of the great power it wields over people and societies.In this revolutionary assessment of the history, character, and globalization of the modern business corporation, Bakan backs his premise with the following observations:-The corporation’s legally defined mandate is to pursue relentlessly and without exception its own economic self-interest, regardless of the harmful consequences it might cause to others. -The corporation’s unbridled self-interest victimizes individuals, society, and, when it goes awry, even shareholders and can cause corporations to self-destruct, as recent Wall Street scandals reveal. -Governments have freed the corporation, despite its flawed character, from legal constraints through deregulation and granted it ever greater authority over society through privatization.But Bakan believes change is possible and he outlines a far-reaching program of achievable reforms through legal regulation and democratic control.Featuring in-depth interviews with such wide-ranging figures as Nobel Prize winner Milton Friedman, business guru Peter Drucker, and cultural critic Noam Chomsky, The Corporation is an extraordinary work that will educate and enlighten students, CEOs, whistle-blowers, power brokers, pawns, pundits, and politicians alike.
The Defining Moment: FDR's Hundred Days and the Triumph of Hope
Jonathan Alter - 2006
Banks were closing everywhere. Millions of people lost everything. The Great Depression had caused a national breakdown. With the craft of a master storyteller, Jonathan Alter brings us closer than ever before to the Roosevelt magic. Facing the gravest crisis since the Civil War, FDR used his cagey political instincts and ebullient temperament in the storied first Hundred Days of his presidency to pull off an astonishing conjuring act that lifted the country and saved both democracy and capitalism.Who was this man? To revive the nation when it felt so hopeless took an extraordinary display of optimism and self-confidence. Alter shows us how a snobbish and apparently lightweight young aristocrat was forged into an incandescent leader by his domineering mother; his independent wife; his eccentric top adviser, Louis Howe; and his ally-turned-bitter-rival, Al Smith, the Tammany Hall street fighter FDR had to vanquish to complete his preparation for the presidency."Old Doc Roosevelt" had learned at Warm Springs, Georgia, how to lift others who suffered from polio, even if he could not cure their paralysis, or his own. He brought the same talents to a larger stage. Derided as weak and unprincipled by pundits, Governor Roosevelt was barely nominated for president in 1932. As president-elect, he escaped assassination in Miami by inches, then stiffed President Herbert Hoover's efforts to pull him into cooperating with him to deal with a terrifying crisis. In the most tumultuous and dramatic presidential transition in history, the entire banking structure came tumbling down just hours before FDR's legendary "only thing we have to fear is fear itself" Inaugural Address.In a major historical find, Alter unearths the draft of a radio speech in which Roosevelt considered enlisting a private army of American Legion veterans on his first day in office. He did not. Instead of circumventing Congress and becoming the dictator so many thought they needed, FDR used his stunning debut to experiment. He rescued banks, put men to work immediately, and revolutionized mass communications with pioneering press conferences and the first Fireside Chat. As he moved both right and left, Roosevelt's insistence on "action now" did little to cure the Depression, but he began to rewrite the nation's social contract and lay the groundwork for his most ambitious achievements, including Social Security.From one of America's most respected journalists, rich in insights and with fresh documentation and colorful detail, this thrilling story of presidential leadership--of what government is for--resonates through the events of today. It deepens our understanding of how Franklin Delano Roosevelt restored hope and transformed America.The Defining Moment will take its place among our most compelling works of political history.
Trade Wars Are Class Wars: How Rising Inequality Distorts the Global Economy and Threatens International Peace
Matthew C. Klein - 2020
Klein and Michael Pettis show in this book, they are often the unexpected result of domestic political choices to serve the interests of the rich at the expense of workers and ordinary retirees. Klein and Pettis trace the origins of today’s trade wars to decisions made by politicians and business leaders in China, Europe, and the United States over the past thirty years. Across the world, the rich have prospered while workers can no longer afford to buy what they produce, have lost their jobs, or have been forced into higher levels of debt. In this thought-provoking challenge to mainstream views, the authors provide a cohesive narrative that shows how the class wars of rising inequality are a threat to the global economy and international peace—and what we can do about it.
A World on Fire: Britain's Crucial Role in the American Civil War
Amanda Foreman - 2010
Britain was dependent on the South for cotton, and in turn the Confederacy relied almost exclusively on Britain for guns, bullets, and ships. The Union sought to block any diplomacy between the two and consistently teetered on the brink of war with Britain. For four years the complex web of relationships between the countries led to defeats and victories both minute and history-making. In A World on Fire, Amanda Foreman examines the fraught relations from multiple angles while she introduces characters both humble and grand, bringing them to vivid life over the course of her sweeping and brilliant narrative.Between 1861 and 1865, thousands of British citizens volunteered for service on both sides of the Civil War. From the first cannon blasts on Fort Sumter to Lee’s surrender at Appomattox, they served as officers and infantrymen, sailors and nurses, blockade runners and spies. Through personal letters, diaries, and journals, Foreman has woven together their experiences to form a panoramic yet intimate view of the war on the front lines, in the prison camps, and in the great cities of both the Union and the Confederacy. Through the eyes of these brave volunteers we see the details of the struggle for life and the great and powerful forces that threatened to demolish a nation.In the drawing rooms of London and the offices of Washington, on muddy fields and aboard packed ships, Foreman reveals the decisions made, the beliefs held and contested, and the personal triumphs and sacrifices that ultimately led to the reunification of America. A World on Fire is a complex and groundbreaking work that will surely cement Amanda Foreman’s position as one of the most influential historians of our time.
The Other America: Poverty in the United States
Michael Harrington - 1962
This anniversary edition includes Michael Harrington’s essays on poverty in the 1970s and ’80s as well as a new introduction by Harrington’s biographer, Maurice Isserman. This illuminating, profoundly moving classic is still all too relevant for today’s America.When Michael Harrington’s masterpiece, The Other America, was first published in 1962, it was hailed as an explosive work and became a galvanizing force for the war on poverty. Harrington shed light on the lives of the poor—from farm to city—and the social forces that relegated them to their difficult situations. He was determined to make poverty in the United States visible and his observations and analyses have had a profound effect on our country, radically changing how we view the poor and the policies we employ to help them.
Playing with Fire: The 1968 Election and the Transformation of American Politics
Lawrence O'Donnell - 2017
Long before Lawrence O'Donnell was the anchor of his own political talk show, he was the Harvard Law-trained political aide to Senator Patrick Moynihan, one of postwar America's wisest political minds. The 1968 election was O'Donnell's own political coming of age, and Playing With Fire represents his master class in American electioneering, as well as an extraordinary human drama that captures a system, and a country, coming apart at the seams in real time. Nothing went to script. LBJ was confident he'd dispatch with Nixon, the GOP frontrunner; Johnson's greatest fear and real nemesis was RFK. But Kennedy and his team, despite their loathing of the president, weren't prepared to challenge their own party's incumbent. Then, out of nowhere, Eugene McCarthy shocked everyone with his disloyalty and threw his hat in the ring. A revolution seemed to be taking place, and LBJ, humiliated and bitter, began to look mortal. Then RFK leapt in, and all hell broke loose. Two assassinations and a week of bloody riots in Chicago around the Democratic Convention later, and the old Democratic Party was a smoldering ruin, and, in the last triumph of old machine politics, Hubert Humphrey stood alone in the wreckage. Suddenly Nixon was the frontrunner, having masterfully maintained a smooth facade behind which he feverishly held his party's right and left wings in the fold through a succession of ruthless maneuvers to see off George Romney, Nelson Rockefeller, Ronald Reagan, and the great outside threat to his new Southern Strategy, the arch-segregationist George Wallace. But then, amazingly, Humphrey began to close, and so, in late October, Nixon pulled off one of the greatest dirty tricks in American political history, an act that may well meet the statutory definition of treason. The tone was set for Watergate and all else that was to follow, all the way through to today.
Against the Gods: The Remarkable Story of Risk
Peter L. Bernstein - 1996
Peter Bernstein has written a comprehensive history of man's efforts to understand risk and probability, beginning with early gamblers in ancient Greece, continuing through the 17th-century French mathematicians Pascal and Fermat and up to modern chaos theory. Along the way he demonstrates that understanding risk underlies everything from game theory to bridge-building to winemaking.
War is a Racket
Smedley D. Butler - 1935
Butler was a military hero of the first rank, the winner of two Medals of Honour, a true 'fighting marine' whose courage and patriotism could not be doubted. Yet he came to believe that the wars in which he and his men had fought and bled and died were all pre-planned conflicts, designed not so much to defend America as to bloat the balance sheets of US banks and corporations.War Is a Racket is the title of two works, a speech and a booklet, by retired United States Marine Corps Major General and two time Medal of Honor recipient Smedley D. Butler. In them, Butler frankly discusses from his experience as a career military officer how business interests commercially benefit from warfare.After his retirement from the Marine Corps, Gen. Butler made a nationwide tour in the early 1930s giving his speech "War is a Racket". The speech was so well received that he wrote a longer version as a small book with the same title that was published in 1935 by Round Table Press, Inc., of New York. The booklet was also condensed in Reader's Digest as a book supplement which helped popularize his message. In an introduction to the Reader's Digest version, Lowell Thomas, the "as told to" author of Butler's oral autobiographical adventures, praised Butler's "moral as well as physical courage".
Squeezed: Why Our Families Can't Afford America
Alissa Quart - 2018
Many realize that attaining the standard of living their parents managed has become impossible.Alissa Quart, executive editor of the Economic Hardship Reporting Project, examines the lives of many middle-class Americans who can now barely afford to raise children. Through gripping firsthand storytelling, Quart shows how our country has failed its families. Her subjects—from professors to lawyers to caregivers to nurses—have been wrung out by a system that doesn’t support them, and enriches only a tiny elite.Interlacing her own experience with close-up reporting on families that are just getting by, Quart reveals parenthood itself to be financially overwhelming, except for the wealthiest. She offers real solutions to these problems, including outlining necessary policy shifts, as well as detailing the DIY tactics some families are already putting into motion, and argues for the cultural reevaluation of parenthood and caregiving.Written in the spirit of Barbara Ehrenreich and Jennifer Senior, Squeezed is an eye-opening page-turner. Powerfully argued, deeply reported, and ultimately hopeful, it casts a bright, clarifying light on families struggling to thrive in an economy that holds too few options. It will make readers think differently about their lives and those of their neighbors.