Book picks similar to
The Lords of Creation: The History of America's 1 Percent (Forbidden Bookshelf) by Frederick Lewis Allen
history
economics
non-fiction
forbidden-bookshelf
I Invented the Modern Age (t): The Rise of Henry Ford and the Most Important Car Ever Made
Richard Snow - 2013
Simon & Schuster has a great book for every reader.
Life Inc.: How the World Became a Corporation and How to Take it Back
Douglas Rushkoff - 2009
Indeed, as Rushkoff shows, most Americans have so willingly adopted the values of corporations that they’re no longer even aware of it.This fascinating journey, from the late Middle Ages to today, reveals the roots of our debacle. From the founding of the first chartered monopoly to the branding of the self; from the invention of central currency to the privatization of banking; from the birth of the modern, self-interested individual to his exploitation through the false ideal of the single-family home; from the Victorian Great Exhibition to the solipsism of MySpace–the corporation has infiltrated all aspects of our daily lives. Life Inc. exposes why we see our homes as investments rather than places to live, our 401(k) plans as the ultimate measure of success, and the Internet as just another place to do business.Most of all, Life Inc. shows how the current financial crisis is actually an opportunity to reverse this six-hundred-year-old trend and to begin to create, invest, and transact directly rather than outsource all this activity to institutions that exist solely for their own sakes. Corporatism didn’t evolve naturally. The landscape on which we are living–the operating system on which we are now running our social software–was invented by people, sold to us as a better way of life, supported by myths, and ultimately allowed to develop into a self-sustaining reality. It is a map that has replaced the territory. Rushkoff illuminates both how we’ve become disconnected from our world and how we can reconnect to our towns, to the value we can create, and, mostly, to one another. As the speculative economy collapses under its own weight, Life Inc. shows us how to build a real and human-scaled society to take its place.
Settlers: The Mythology of the White Proletariat
J. Sakai - 1983
First published in the 1980s by activists with decades of experience organizing in grassroots anticapitalist struggles against white supremacy, the book soon established itself as an essential reference point for revolutionary nationalists and dissident currents within the predominantly colonialist Marxist-Leninist and anarchist movements at that time.Always controversial within the establishment Left Settlers uncovers centuries of collaboration between capitalism and white workers and their organizations, as well as their neocolonial allies, showing how the United States was designed from the ground up as a parasitic and genocidal entity. Settlers exposes the fact that America’s white citizenry have never supported themselves but have always resorted to exploitation and theft, culminating in acts of genocide to maintain their culture and way of life. As recounted in painful detail by Sakai, the United States has been built on the theft of Indigenous lands and of Afrikan labor, on the robbery of the northern third of Mexico, the colonization of Puerto Rico, and the expropriation of the Asian working class, with each of these crimes being accompanied by violence.This new edition includes “Cash & Genocide: The True Story of Japanese-American Reparations” and an interview with author J. Sakai by Ernesto Aguilar.Please note that none of the illustrations from the paperback edition are included in the digital version.
Seventeen Contradictions and the End of Capitalism
David Harvey - 2014
I want to know how the economic engine of capitalism works the way it does, and why it might stutter and stall and sometimes appear to be on the verge of collapse. I also want to show why this economic engine should be replaced, and with what." --from the Introduction To modern Western society, capitalism is the air we breathe, and most people rarely think to question it, for good or for ill. But knowing what makes capitalism work--and what makes it fail--is crucial to understanding its long-term health, and the vast implications for the global economy that go along with it. In Seventeen Contradictions and the End of Capitalism, the eminent scholar David Harvey, author of A Brief History of Neoliberalism, examines the internal contradictions within the flow of capital that have precipitated recent crises. He contends that while the contradictions have made capitalism flexible and resilient, they also contain the seeds of systemic catastrophe. Many of the contradictions are manageable, but some are fatal: the stress on endless compound growth, the necessity to exploit nature to its limits, and tendency toward universal alienation. Capitalism has always managed to extend the outer limits through "spatial fixes," expanding the geography of the system to cover nations and people formerly outside of its range. Whether it can continue to expand is an open question, but Harvey thinks it unlikely in the medium term future: the limits cannot extend much further, and the recent financial crisis is a harbinger of this. David Harvey has long been recognized as one of the world's most acute critical analysts of the global capitalist system and the injustices that flow from it. In this book, he returns to the foundations of all of his work, dissecting and interrogating the fundamental illogic of our economic system, as well as giving us a look at how human societies are likely to evolve in a post-capitalist world.
The Federal Reserve and the Financial Crisis
Ben S. Bernanke - 2013
Federal Reserve, gave a series of lectures about the Federal Reserve and the 2008 financial crisis, as part of a course at George Washington University on the role of the Federal Reserve in the economy. In this unusual event, Bernanke revealed important background and insights into the central bank's crucial actions during the worst financial crisis since the Great Depression. Taken directly from these historic talks, The Federal Reserve and the Financial Crisis offers insight into the guiding principles behind the Fed's activities and the lessons to be learned from its handling of recent economic challenges.Bernanke traces the origins of the Federal Reserve, from its inception in 1914 through the Second World War, and he looks at the Fed post-1945, when it began operating independently from other governmental departments such as the Treasury. During this time the Fed grappled with episodes of high inflation, finally tamed by then-chairman Paul Volcker. Bernanke also explores the period under his predecessor, Alan Greenspan, known as the Great Moderation. Bernanke then delves into the Fed's reaction to the recent financial crisis, focusing on the central bank's role as the lender of last resort and discussing efforts that injected liquidity into the banking system. Bernanke points out that monetary policies alone cannot revive the economy, and he describes ongoing structural and regulatory problems that need to be addressed.Providing first-hand knowledge of how problems in the financial system were handled, The Federal Reserve and the Financial Crisis will long be studied by those interested in this critical moment in history.
The End of Growth: Adapting to Our New Economic Reality
Richard Heinberg - 2011
The End of Growth proposes a startling diagnosis: humanity has reached a fundamental turning point in its economic history. The expansionary trajectory of industrial civilization is colliding with non-negotiable natural limits.Richard Heinberg’s latest landmark work goes to the heart of the ongoing financial crisis, explaining how and why it occurred, and what we must do to avert the worst potential outcomes. Written in an engaging, highly readable style, it shows why growth is being blocked by three factors:Resource depletion Environmental impacts Crushing levels of debtThese converging limits will force us to re-evaluate cherished economic theories and to reinvent money and commerce.The End of Growth describes what policy makers, communities, and families can do to build a new economy that operates within Earth’s budget of energy and resources. We can thrive during the transition if we set goals that promote human and environmental well-being, rather than continuing to pursue the now-unattainable prize of ever-expanding GDP.Richard Heinberg is the author of nine previous books, including The Party's Over, Peak Everything, and Blackout. A senior fellow of the Post Carbon Institute, Heinberg is one of the world's foremost peak oil educators and an effective communicator of the urgent need to transition away from fossil fuels.
Masters of the Universe: Hayek, Friedman, and the Birth of Neoliberal Politics
Daniel Stedman Jones - 2012
Based on archival research and interviews with leading participants in the movement, Masters of the Universe traces the ascendancy of neoliberalism from the academy of interwar Europe to supremacy under Reagan and Thatcher and in the decades since. Daniel Stedman Jones argues that there was nothing inevitable about the victory of free-market politics. Far from being the story of the simple triumph of right-wing ideas, the neoliberal breakthrough was contingent on the economic crises of the 1970s and the acceptance of the need for new policies by the political left.Masters of the Universe describes neoliberalism's road to power, beginning in interwar Europe but shifting its center of gravity after 1945 to the United States, especially to Chicago and Virginia, where it acquired a simple clarity that was developed into an uncompromising political message. Neoliberalism was communicated through a transatlantic network of think tanks, businessmen, politicians, and journalists that was held together by Friedrich Hayek and Milton Friedman. After the collapse of Bretton Woods in 1971, and the "stagflation" that followed, their ideas finally began to take hold as Keynesianism appeared to self-destruct. Later, after the elections of Reagan and Thatcher, a guileless faith in free markets came to dominate politics.Fascinating, important, and timely, this is a book for anyone who wants to understand the history behind the Anglo-American love affair with the free market, as well as the origins of the current economic crisis.
When Corporations Rule the World
David C. Korten - 1995
Korten's warnings about the growing global power of multinational corporations seem prophetic today. This new edition has been revised throughout to make it more accessible to the general reader, and features a new introduction, a new epilogue, and three new chapters. While Korten points out that the multinationals are, if anything, more powerful now than they were when he first wrote the book, he also offers reason for hope: the growth of the international Living Democracy movement opposing corporate rule. The new material in the book: Documents the consolidation since 1995 of financial and corporate power at the expense of democracy, people, communities, and the planet Looks in depth at the nature and cultural underpinnings of the burgeoning Living Democracy movement to resist corporate power Offers a vision of a what a civil society grounded in life-centered values rather than immediate financial gain might look like.
The Finance Curse: How Global Finance Is Making Us All Poorer
Nicholas Shaxson - 2013
He then gained prominence as an expert on tax havens, revealing the dark corners of that world long before the scandals of the Panama and Paradise Papers. Now, in The Finance Curse, revised with chapters exclusive to this American edition, he takes us on a terrifying journey through the world economy, exposing tax havens, monopolists, megabanks, private equity firms, Eurobond traders, lobbyists, and a menagerie of scoundrels quietly financializing our entire society, hurting both business and individuals. Shaxson shows we got here, telling the story of how finance re-engineered the global economic order in the last half-century, with the aim not of creating wealth but extracting it from the underlying economy. Under the twin gospels of "national competitiveness" and "shareholder value," megabanks and financialized corporations have provoked a race to the bottom between states to provide the most subsidized environment for big business, have encouraged a brain drain into finance, and have fostered instability, inequality, and turned a blind eye to the spoils of organized crime. From Ireland to Iowa, Shaxson shows the insidious effects of financialization on our politics and on communities who were promised paradise but got poverty wages instead.We need a strong financial system--but when it grows too big it becomes a monster. The Finance Curse is the explosive story of how finance got a stranglehold on society, and reveals how we might release ourselves from its grasp.
Damnation Island: Poor, Sick, Mad, & Criminal in 19th-Century New York
Stacy Horn - 2018
In 1828, when New York City purchased this narrow, two-mile-long island in the East River, it was called Blackwell’s Island. There, over the next hundred years, the city would send its insane, indigent, sick, and criminal. Told through the gripping voices of Blackwell’s inhabitants, as well as the period’s city officials, reformers, and journalists (including the famous Nellie Bly), Stacy Horn has crafted a compelling and chilling narrative. Damnation Island recreates what daily life was like on the island, what politics shaped it, and what constituted charity and therapy in the nineteenth century. Throughout the book, we return to the extraordinary Blackwell’s missionary Reverend French, champion of the forgotten, as he ministers to these inmates, battles the bureaucratic mazes of the Corrections Department and a corrupt City Hall, testifies at salacious trials, and in his diary wonders about man’s inhumanity to man. For history fans, and for anyone interested in the ways we care for the least fortunate among us, Damnation Island is an eye-opening look at a closed and secretive world. With a tale that is exceedingly relevant today, Horn shows us how far we’ve come—and how much work still remains.
The Korean War: A History
Bruce Cumings - 2010
But as Bruce Cumings eloquently explains, for the Asian world the Korean War was a generations-long fight that still haunts contemporary events. And in a very real way, although its true roots and repercussions continue to be either misunderstood, forgotten, or willfully ignored, it is the war that helped form modern America’s relationship to the world.With access to new evidence and secret materials from both here and abroad, including an archive of captured North Korean documents, Cumings reveals the war as it was actually fought. He describes its start as a civil war, preordained long before the first shots were fired in June 1950 by lingering fury over Japan’s occupation of Korea from 1910 to 1945. Cumings then shares the neglected history of America’s post–World War II occupation of Korea, the untold stories of bloody insurgencies and rebellions, and the powerful militaries organized and equipped by America and the Soviet Union in that divided land. He tells of the United States officially entering the action on the side of the South, and exposes as never before the appalling massacres and atrocities committed on all sides and the “oceans of napalm” dropped on the North by U.S. forces in a remarkably violent war that killed as many as four million Koreans, two thirds of whom were civilians.In sobering detail, The Korean War chronicles a U.S. home front agitated by Joseph McCarthy, where absolutist conformity discouraged open inquiry and citizen dissent. Cumings incisively ties our current foreign policy back to Korea: an America with hundreds of permanent military bases abroad, a large standing army, and a permanent national security state at home, the ultimate result of a judicious and limited policy of containment evolving into an ongoing and seemingly endless global crusade.Elegantly written and blisteringly honest, The Korean War is, like the war it illuminates, brief, devastating, and essential.
The King of California: J.G. Boswell and the Making of a Secret American Empire
Mark Arax - 2003
J.G. Boswell was the biggest farmer in America. He built a secret empire while thumbing his nose at nature, politicians, labor unions and every journalist who ever tried to lift the veil on the ultimate "factory in the fields." The King of California is the previously untold account of how a Georgia slave-owning family migrated to California in the early 1920s,drained one of America 's biggest lakes in an act of incredible hubris and carved out the richest cotton empire in the world. Indeed, the sophistication of Boswell 's agricultural operation -from lab to field to gin -- is unrivaled anywhere. Much more than a business story, this is a sweeping social history that details the saga of cotton growers who were chased from the South by the boll weevil and brought their black farmhands to California. It is a gripping read with cameos by a cast of famous characters, from Cecil B. DeMille to Cesar Chavez.
The "S" Word: A Short History of an American Tradition...Socialism
John Nichols - 2011
Tom Paine was enamored of early socialists, Horace Greeley employed Karl Marx as a correspondent, and Helen Keller was an avowed socialist. The “S” Word gives Americans back a crucial aspect of their past and makes a forthright case for socialist ideas today.
The Visible Hand: The Managerial Revolution in American Business
Alfred D. Chandler Jr. - 1977
Alfred Chandler, Jr., the distinguished business historian, sets forth the reasons for the dominance of big business in American transportation, communications, and the central sectors of production and distribution.The managerial revolution, presented here with force and conviction, is the story of how the visible hand of management replaced what Adam Smith called the "invisible hand" of market forces. Chandler shows that the fundamental shift toward managers running large enterprises exerted a far greater influence in determining size and concentration in American industry than other factors so often cited as critical: the quality of entrepreneurship, the availability of capital, or public policy.
The Money Cult: Capitalism, Christianity, and the Unmaking of the American Dream
Chris Lehmann - 2016
Examining nearly four hundred years of American history, Lehmann reveals how America's religious leaders became less worried about sin and the afterlife and more concerned with the material world, until the social gospel was overtaken by the gospel of wealth.Showing how American Christianity came to accommodate--and eventually embrace--the pursuit of profit, as well as the inescapability of economic inequality, The Money Cult is a wide-ranging and revelatory book that will make you rethink what you know about the form of American capitalism so dominant in the world today, as well as the core tenets of America itself.