Book picks similar to
The Business of Slavery and the Rise of American Capitalism, 1815-1860 by Calvin Schermerhorn
history
slavery
economics
nonfiction
The Great Depression
T.H. Watkins - 1993
The book also details how the lives of millions of Americans were turned upside down, leaving them only hope for the future.
Winter War: Hoover, Roosevelt, and the First Clash Over the New Deal
Eric Rauchway - 2018
Meanwhile, still-President Hoover, worried about FDR's abilities and afraid of the president-elect's policies, became the first comprehensive critic of the New Deal. Thus, even before FDR took office, both the principles of the welfare state, and reaction against it, had already taken form.Winter War reveals how, in the months before the hundred days, FDR and Hoover battled over ideas and shaped the divisive politics of the twentieth century.
The Strange Career of Jim Crow
C. Vann Woodward - 1955
Vann Woodward, who died in 1999 at the age of 91, was America's most eminent Southern historian, the winner of a Pulitzer Prize for Mary Chestnut's Civil War and a Bancroft Prize for The Origins of the New South. Now, to honor his long and truly distinguished career, Oxford is pleased to publish this special commemorative edition of Woodward's most influential work, The Strange Career of Jim Crow.The Strange Career of Jim Crow is one of the great works of Southern history. Indeed, the book actually helped shape that history. Published in 1955, a year after the Supreme Court in Brown v. Board of Education ordered schools desegregated, Strange Career was cited so often to counter arguments for segregation that Martin Luther King, Jr. called it "the historical Bible of the civil rights movement." The book offers a clear and illuminating analysis of the history of Jim Crow laws, presenting evidence that segregation in the South dated only to the 1890s. Woodward convincingly shows that, even under slavery, the two races had not been divided as they were under the Jim Crow laws of the 1890s. In fact, during Reconstruction, there was considerable economic and political mixing of the races. The segregating of the races was a relative newcomer to the region.Hailed as one of the top 100 nonfiction works of the twentieth century, The Strange Career of Jim Crow has sold almost a million copies and remains, in the words of David Herbert Donald, "a landmark in the history of American race relations."
Corruption in America: From Benjamin Franklin's Snuff Box to Citizens United
Zephyr Teachout - 2014
This broad understanding of political corruption--rooted in ideals of civic virtue--was a driving force at the Constitutional Convention.For two centuries the framers' ideas about corruption flourished in the courts, even in the absence of clear rules governing voters, civil officers, and elected officials. Should a law that was passed by a state legislature be overturned because half of its members were bribed? What kinds of lobbying activity were corrupt, and what kinds were legal? When does an implicit promise count as bribery? In the 1970s the U.S. Supreme Court began to narrow the definition of corruption, and the meaning has since changed dramatically. No case makes that clearer than Citizens United.In 2010, one of the most consequential Court decisions in American political history gave wealthy corporations the right to spend unlimited money to influence elections. Justice Anthony Kennedy's majority opinion treated corruption as nothing more than explicit bribery, a narrow conception later echoed by Chief Justice Roberts in deciding McCutcheon v. FEC in 2014. With unlimited spending transforming American politics for the worse, warns Zephyr Teachout, Citizens United and McCutcheon were not just bad law but bad history. If the American experiment in self-government is to have a future, then we must revive the traditional meaning of corruption and embrace an old ideal.
The Weekend That Changed Wall Street: An Eyewitness Account
Maria Bartiromo - 2010
During a single historic weekend (September 12-14, 2008) the fate of Lehman Brothers was sealed, Merrill Lynch barely survived, and AIG became a ward of the federal government. Top CNBC anchor Maria Bartiromo spent the entire weekend taking frantic phone calls from the most powerful players on Wall Street and in Washington, as they toiled to keep the economy from complete collapse. Those CEOs and dozens of other sources gave Bartiromo behind-the-scenes details unavailable to other members of the media, of the crisis and its aftermath. Now she draws on her high-level network to provide an eyewitness account of the biggest events of the financial crisis including at length interviews with former treasury secretary Henry Paulson, former AIG chairman Hank Greenberg, former Merrill Lynch CEO John Thain, and JP Morgan CEO Jamie Dimon, among many others. Writing with both authority and dramatic flair, Bartiromo weaves a thrilling narrative that will make news. She also tackles the big questions: how did an unmatched period of market euphoria and growth turn sour, catapulting the economy into a dangerous slide? And in the long run, how will the near-catastrophe really change Wall Street?
Been in the Storm So Long: The Aftermath of Slavery
Leon F. Litwack - 1979
Winner of the Pulitzer Prize and the National Book AwardBased on hitherto unexamined sources: interviews with ex-slaves, diaries and accounts by former slaveholders, this "rich and admirably written book" (Eugene Genovese, The New York Times Book Review) aims to show how, during the Civil War and after Emancipation, blacks and whites interacted in ways that dramatized not only their mutual dependency, but the ambiguities and tensions that had always been latent in "the peculiar institution."
Lincoln's Melancholy: How Depression Challenged a President and Fueled His Greatness
Joshua Wolf Shenk - 2005
Giving shape to the deep depression that pervaded Lincoln's adult life, Joshua Wolf Shenk's Lincoln's Melancholy reveals how this illness influenced both the president's character and his leadership. Lincoln forged a hard path toward mental health from the time he was a young man. Shenk draws from historical record, interviews with Lincoln scholars, and contemporary research on depression to understand the nature of his unhappiness. In the process, he discovers that the President's coping strategies—among them, a rich sense of humor and a tendency toward quiet reflection—ultimately helped him to lead the nation through its greatest turmoil.
Nixonland: The Rise of a President and the Fracturing of America
Rick Perlstein - 2008
Perlstein's account begins with the '65 Watts riots, nine months after Johnson's landslide victory over Goldwater appeared to herald a permanent liberal consensus. Yet the next year, scores of liberals were tossed from Congress, America was more divided than ever & a disgraced politician was on his way to a shocking comeback. Between '65 & '72, America experienced a 2nd civil war. From its ashes, today's political world was born. It was the era not only of Nixon, Johnson, Agnew, Humphrey, McGovern, Daley & Geo Wallace but Abbie Hoffman, Ronald Reagan, Angela Davis, Ted Kennedy, Chas Manson, John Lindsay & Jane Fonda. There are glimpses of Jimmy Carter, Geo H.W. Bush, Jesse Jackson, John Kerry & even of two ambitious young men named Karl Rove & Bill Clinton--& an unambitious young man named Geo W. Bush. Cataclysms tell the story: Blacks trashing their neighborhoods. White suburbanites wielding shotguns. Student insurgency over the Vietnam War. The assassinations of Rbt F. Kennedy & Martin Luther King. The riots at the '68 Democratic Nat'l Convention. The fissuring of the Democrats into warring factions manipulated by the dirty tricks of Nixon & his Committee to ReElect the President. Nixon pledging a dawn of nat'l unity, governing more divisively than any president before him, then directing a criminal conspiracy, the Watergate cover-up, from the Oval Office. Then, in 11/72, Nixon, harvesting the bitterness & resentment born of turmoil, was reelected in a landslide, not only setting the stage for his '74 resignation but defining the terms of the ideological divide characterizing America today. Filled with prodigious research, driven by a powerful narrative, Perlstein's account of how America divided confirms his place as one of our country's most celebrated historians.
The Rest I Will Kill: William Tillman and the Unforgettable Story of How a Free Black Man Refused to Become a Slave
Brian McGinty - 2016
The schooner S. J. Waring sets sail from New York on a routine voyage to South America. Seventeen days later, it limps back into New York’s frenzied harbor with the ship's black steward, William Tillman, at the helm. While the story of that ill-fated voyage is one of the most harrowing tales of captivity and survival on the high seas, it has, almost unbelievably, been lost to history.Now reclaiming Tillman as the real American hero he was, historian Brian McGinty dramatically returns readers to that riotous, explosive summer of 1861, when the country was tearing apart at the seams and the Union army was in near shambles following a humiliating defeat at the First Battle of Bull Run. Desperate for good news, the North was soon riveted by reports of an incident that occurred a few hundred miles off the coast of New York, where the Waring had been overtaken by a marauding crew of Confederate privateers. While the white sailors became chummy with their Southern captors, free black man William Tillman was perfectly aware of the fate that awaited him in the ruthless, slave-filled ports south of the Mason-Dixon Line. Stealthily biding his time until a moonlit night nine days after the capture, Tillman single-handedly killed three officers of the privateer crew, then took the wheel and pointed it home. Yet, with no experience as a navigator, only one other helper, and a war-torn Atlantic seaboard to contend with, his struggle had just begun.It took five perilous days at sea—all thrillingly recounted here—before the Waring returned to New York Harbor, where the story of Tillman's shipboard courage became such a tabloid sensation that he was not only put on the bill of Barnum’s American Museum but also proclaimed to be the "first hero" of the Civil War. As McGinty evocatively shows, however, in the horrors of the war then engulfing the nation, memories of his heroism—even of his identity—were all but lost to history.As such, The Rest I Will Kill becomes a thrilling and historically significant work, as well as an extraordinary journey that recounts how a free black man was able to defy efforts to make him a slave and become an unlikely glimmer of hope for a disheartened Union army in the war-battered North.
Bubble in the Sun: The Florida Boom of the 1920s and How It Brought on the Great Depression
Christopher Knowlton - 2020
The decade there produced the largest human migration in American history, far exceeding the settlement of the West, as millions flocked to the grand hotels and the new cities that rose rapidly from the teeming wetlands. The boom spawned a new subdivision civilization—and the most egregious large-scale assault on the environment in the name of “progress.” Nowhere was the glitz and froth of the Roaring Twenties more excessive than in Florida. Here was Vegas before there was a Vegas: gambling was condoned and so was drinking, since prohibition was not enforced. Tycoons, crooks, and celebrities arrived en masse to promote or exploit this new and dazzling American frontier in the sunshine. Yet, the import and deep impact of these historical events have never been explored thoroughly until now. In Bubble in the Sun Christopher Knowlton examines the grand artistic and entrepreneurial visions behind Coral Gables, Boca Raton, Miami Beach, and other storied sites, as well as the darker side of the frenzy. For while giant fortunes were being made and lost and the nightlife raged more raucously than anywhere else, the pure beauty of the Everglades suffered wanton ruination and the workers, mostly black, who built and maintained the boom, endured grievous abuses. Knowlton breathes dynamic life into the forces that made and wrecked Florida during the decade: the real estate moguls Carl Fisher, George Merrick, and Addison Mizner, and the once-in-a-century hurricane whose aftermath triggered the stock market crash. This essential account is a revelatory—and riveting—history of an era that still affects our country today.
Dark Alliance: The CIA, the Contras, and the Crack Cocaine Explosion
Gary Webb - 1998
A simple phone call concerning an unexceptional pending drug trial turned into a massive conspiracy involving the Nicaraguan Contra rebels, L.A. and Bay Area crack cocaine dealers, and the Central Intelligence Agency. For several years during the 1980s, Webb discovered, Contra elements shuttled thousands of tons of cocaine into the United States, with the profits going toward the funding of Contra rebels attempting a counterrevolution in their Nicaraguan homeland. Even more chilling, Webb quickly realized, was that the massive drug-dealing operation had the implicit approval--and occasional outright support--of the CIA, the very organization entrusted to prevent illegal drugs from being brought into the United States.Within the pages of Dark Alliance, Webb produces a massive amount of evidence that suggests that such a scenario did take place, and more disturbing evidence that the powers that be that allowed such an alliance are still determined to ruthlessly guard their secrets. Webb's research is impeccable--names, dates, places, and dollar amounts gather and mount with every page, eventually building a towering wall of evidence in support of his theories. After the original series of articles ran in the Mercury-News in late 1996, both Webb and his paper were so severely criticized by political commentators, government officials, and other members of the press that his own newspaper decided it best not to stand behind the series, in effect apologizing for the assertions and disavowing his work. Webb quit the paper in disgust in November 1997. His book serves as both a complex memoir of the time of the Contras and an indictment of the current state of America's press; Dark Alliance is as necessary and valuable as it is horrifying and grim. --Tjames Madison --This text refers to an out of print or unavailable edition of this title.
The Founders and Finance: How Hamilton, Gallatin, and Other Immigrants Forged a New Economy
Thomas K. McCraw - 2012
At the war s end, the national government owed tremendous sums to foreign creditors and its own citizens. But lacking the power to tax, it had no means to repay them. "The Founders and Finance" is the first book to tell the story of how foreign-born financial specialists immigrants solved the fiscal crisis and set the United States on a path to long-term economic success.Pulitzer Prize winning author Thomas K. McCraw analyzes the skills and worldliness of Alexander Hamilton (from the Danish Virgin Islands), Albert Gallatin (from the Republic of Geneva), and other immigrant founders who guided the nation to prosperity. Their expertise with liquid capital far exceeded that of native-born plantation owners Washington, Jefferson, and Madison, who well understood the management of land and slaves but had only a vague knowledge of financial instruments currencies, stocks, and bonds. The very rootlessness of America s immigrant leaders gave them a better understanding of money, credit, and banks, and the way each could be made to serve the public good.The remarkable financial innovations designed by Hamilton, Gallatin, and other immigrants enabled the United States to control its debts, to pay for the Louisiana Purchase of 1803, and barely to fight the War of 1812, which preserved the nation s hard-won independence from Britain."
A Fierce Discontent: The Rise and Fall of the Progressive Movement in America, 1870-1920
Michael E. McGerr - 2003
Before the ProgressiveEra most Americans lived on farms, working from before sunrise to after sundown every day except Sunday with tools that had changed very little for centuries. Just three decades later, America was utterly transformed into a diverse, urban, affluent, leisure-obsessed, teeming multitude. Thisexplosive change was accompanied by extraordinary public-spiritedness as reformers--frightened by class conflict and the breakdown of gender relations--abandoned their traditional faith in individualism and embarked on a crusade to remake other Americans in their own image.The progressives redefined the role of women, rewrote the rules of politics, banned the sale of alcohol, revolutionized marriage, and eventually whipped the nation into a frenzy for joining World War I. These colorful, ambitious battles changed the face of American culture and politics andestablished the modern liberal pledge to use government power in the name of broad social good. But the progressives, unable to deliver on all of their promises, soon discovered that Americans retained a powerful commitment to individual freedom. Ironically, the progressive movement helpedreestablish the power of conservatism and ensured that America would never be wholly liberal or conservative for generations to come.Michael McGerr's A Fierce Discontent recreates a time of unprecedented turbulence and unending fascination, showing the first American middle-class revolution. Far bolder than the New Deal of FDR or the New Frontier of JFK, the Progressive Era was a time when everything was up for grabs andperfection beckoned.
The Great Financial Crisis: Causes and Consequences
John Bellamy Foster - 2008
As banks collapsed and the state scrambled to organize one of the largest transfers of wealth in history, many--including economists and financial experts--were shocked by the speed at which events unfolded.In this new book, John Bellamy Foster and Fred Magdoff offer a bold analysis of the financial meltdown, how it developed, and the implications for the future. They examine the specifics of the housing bubble and the credit crunch as well as situate current events within a broader crisis of monopoly-finance capitalism--one that has been gestating for several decades. It is the "real" productive economy's tendency toward stagnation, they argue, that creates a need for capital to find ways to profitably invest its surplus. But rather than invest in socially useful projects that would benefit the vast majority, capital has constructed a financialized "casino" economy that neglects social needs and, as has become increasingly clear, is fatally unstable. Written over a two-year period immediately prior to the onset of the crisis, this timely and illuminating book is necessary reading for all those who wish to understand the current situation, how we got here, and where we are heading.
The Great Deformation: The Corruption of Capitalism in America
David A. Stockman - 2013
It counters conventional wisdom with an eighty-year revisionist history of how the American state—especially the Federal Reserve—has fallen prey to the politics of crony capitalism and the ideologies of fiscal stimulus, monetary central planning, and financial bailouts. These forces have left the public sector teetering on the edge of political dysfunction and fiscal collapse and have caused America's private enterprise foundation to morph into a speculative casino that swindles the masses and enriches the few.Defying right- and left-wing boxes, David Stockman provides a catalogue of corrupters and defenders of sound money, fiscal rectitude, and free markets. The former includes Franklin Roosevelt, who fathered crony capitalism; Richard Nixon, who destroyed national financial discipline and the Bretton Woods gold-backed dollar; Fed chairmen Greenspan and Bernanke, who fostered our present scourge of bubble finance and addiction to debt and speculation; George W. Bush, who repudiated fiscal rectitude and ballooned the warfare state via senseless wars; and Barack Obama, who revived failed Keynesian “borrow and spend” policies that have driven the national debt to perilous heights. By contrast, the book also traces a parade of statesmen who championed balanced budgets and financial market discipline including Carter Glass, Harry Truman, Dwight Eisenhower, Bill Simon, Paul Volcker, Bill Clinton, and Sheila Bair.Stockman's analysis skewers Keynesian spenders and GOP tax-cutters alike, showing how they converged to bloat the welfare state, perpetuate the military-industrial complex, and deplete the revenue base—even as the Fed's massive money printing allowed politicians to enjoy “deficits without tears.” But these policies have also fueled new financial bubbles and favored Wall Street with cheap money and rigged stock and bond markets, while crushing Main Street savers and punishing family budgets with soaring food and energy costs. The Great Deformation explains how we got here and why these warped, crony capitalist policies are an epochal threat to free market prosperity and American political democracy.
