Robber Barons: The Lives and Careers of John D. Rockefeller, J.P. Morgan, Andrew Carnegie, and Cornelius Vanderbilt
Charles River Editors - 2016
Men like Andrew Carnegie built empires like Carnegie Steel, and financiers like J.P. Morgan merged and consolidated them. The era also made names like Astor, Cooke, and Vanderbilt instantly recognizable across the globe. Over time, the unfathomable wealth generated by the businesses made the individuals on top incredibly rich, and that in turn led to immense criticism and an infamous epithet used to rail against them: robber barons. Dozens of men were called “robber barons”, but few of them were as notorious as Cornelius Vanderbilt, who also happened to be one of the nation’s first business titans. Vanderbilt was a railroad and shipping magnate at a time that the industry was almost brand new, but he rode his success to become one of the richest and most powerful men in American history. When historians are asked to name the richest man in history, a name that often pops up is that of John D. Rockefeller, who co-founded Standard Oil and turned it into the first real trust in the United States. Rockefeller had been groomed ambitiously by a huckster father nicknamed “Devil Bill”, who was just as willing to cheat his son as an unsuspecting public, and John certainly chased his dreams of living long and large. Rockefeller forged his empire in the first few decades of his life and nearly worked himself to death by the time he was 50, which helped compel him to retire for the last several decades of his life. At one point, Rockefeller’s wealth was worth more than 1.5% of the entire country’s gross domestic product, and by adjusting for inflation, he is arguably the richest man in American history if not world history. When robber barons across America took the reins of vast industries, they needed financing, and many of them turned to the most famous banker of all: John Pierpont Morgan. It was J.P. Morgan who bankrolled the consolidation of behemoth corporations across various industries, including the merging of Edison General Electric and Thomson-Houston Electric Company, which subsequently became General Electric, still known simply as GE across the world today. Similarly, he financed Federal Steel Company and consolidated various other steel businesses to help form the United States Steel Corporation. While critics complained about the outsized influence that these gigantic businesses had, Morgan’s massive wealth also gave him unprecedented power in the financial sector and the ability to deal with politicians. In fact, Morgan played an important part in the Panic of 1907 and the subsequent decision to create the Federal Reserve as a monetary oversight. Ironically, one of America’s most famous robber barons, Andrew Carnegie, epitomized the American Dream, migrating with his poor family to America in the mid-19th century and rising to the top of the business world in his adopted country. A prodigious writer in addition to his keen sense of business, Carnegie was one of the most outspoken champions of capitalism at a time when there was pushback among lower social classes who witnessed the great disparities in wealth; as he once put it, “Upon the sacredness of property civilization itself depends—the right of the laborer to his hundred dollars in the savings bank, and equally the legal right of the millionaire to his millions.
Out of Mao's Shadow: The Struggle for the Soul of a New China
Philip P. Pan - 2008
Pan offers an unprecedented inside look at the momentous battle underway for China's future. On one side is the entrenched party elite determined to preserve its authoritarian grip on power. On the other is a collection of lawyers, journalists, entrepreneurs, activists, hustlers, and dreamers striving to build a more tolerant, open, and democratic China. The outcome of this dramatic, hidden struggle will shape China's rise to superpower status-and determine how it affects the rest of the world.From factories in the rusting industrial northeast to a tabloid newsroom in the booming south, from a small-town courtroom to the plush offices of the nation's wealthiest tycoons, Pan speaks with men and women fighting and sacrificing for change. An elderly surgeon exposes the government's cover-up of the SARS epidemic. A filmmaker investigates the execution of a student in the Cultural Revolution. A blind man is jailed for leading a crusade against forced abortions carried out under the one-child policy.Out of Mao's Shadow offers a startling perspective on China and its remarkable transformation, challenging conventional wisdom about the political apathy of the Chinese people and the notion that prosperity leads automatically to freedom. Like David Remnick's Lenin's Tomb, this is the moving story of a nation in transition, of a people coming to terms with their past.
China: A History
John Keay - 2008
The book is informed by a wide knowledge of the Asian context and an approach devoid of Euro-centric bias. The book also examines the many non-Chinese elements in China's history, such as the impact of Buddhism, foreign trade, etc.
Japan's Total Empire: Manchuria and the Culture of Wartime Imperialism
Louise Young - 1997
Focusing on the domestic impact of Japan's activities in Northeast China between 1931 and 1945, Young considers "metropolitan effects" of empire building: how people at home imagined and experienced the empire they called Manchukuo.Contrary to the conventional assumption that a few army officers and bureaucrats were responsible for Japan's overseas expansion, Young finds that a variety of organizations helped to mobilize popular support for Manchukuo—the mass media, the academy, chambers of commerce, women's organizations, youth groups, and agricultural cooperatives—leading to broad-based support among diverse groups of Japanese. As the empire was being built in China, Young shows, an imagined Manchukuo was emerging at home, constructed of visions of a defensive lifeline, a developing economy, and a settler's paradise.
China: Fragile Superpower
Susan L. Shirk - 2007
But in China: Fragile Superpower, Susan L. Shirk opens up the black box of Chinese politics and finds that the real danger lies elsewhere--not in China's astonishing growth, but in the deep insecurity of its leaders. China's leaders face a troubling paradox: the more developed and prosperous the country becomes, the more insecure and threatened they feel. Shirk, a former Deputy Assistant Secretary of State responsible for China, knows many of today's Chinese rulers personally and has studied them for three decades. She offers invaluable insight into how they think--and what they fear. In this revealing book, readers see the world through the eyes of men like President Hu Jintao and former President Jiang Zemin. We discover a fragile communist regime desperate to survive in a society turned upside down by miraculous economic growth and a stunning new openness to the greater world. Indeed, ever since the 1989 pro-democracy protests in Tiananmen Square and the fall of communism in the Soviet Union, Chinese leaders have been afraid of its own citizens, and this fear motivates many of their decisions when dealing with the U.S. and other nations. In particular, the fervent nationalism of the Chinese people, combined with their passionate resentment of Japan and attachment to Taiwan, have made relations with this country a minefield. The paperback edition features a new preface by the author.
Out of China: How the Chinese Ended the Era of Western Domination
Robert Bickers - 2017
Invaded, humiliated and looted, China nonetheless kept its sovereignty. Robert Bickers' major new book is the first to describe fully what has proved to be one of the modern era's most important stories: the long, often agonising process by which the Chinese had by the end of the 20th century regained control of their own country.Out of China uses a brilliant array of unusual, strange and vivid sources to recreate a now fantastically remote world: the corrupt, lurid modernity of pre-War Shanghai, the often tiny patches of 'extra-territorial' land controlled by European powers (one of which, unnoticed, had mostly toppled into a river), the entrepôts of Hong Kong and Macao, and the myriad means, through armed threats, technology and legal chicanery, by which China was kept subservient. Today Chinese nationalism stays firmly rooted in memories of its degraded past - the quest for self-sufficiency, a determination both to assert China's standing in the world and its outstanding territorial claims, and never to be vulnerable to renewed attack. History matters deeply to Beijing's current rulers - and Out of China explains why.
Mao: A Life
Philip Short - 1999
Eight years after his military success, Mao Tse-tung had won out over more sophisticated rivals to become party chairman, his title for life. Isolated by his eminence, he lived like a feudal emperor for much of his reign after blood purge and agricultural failures took more lives than those killed by either Stalin or Hitler. His virtual quarantine resulted in an ideological/political divide and a devastating reign of terror that became known as the Cultural Revolution. One cannot understand today's China without first understanding Mao, and Philip Short's masterly assessment -- informed by a wealth of new sources -- allows the reader to understand this colossal figure whose shadow will dominate the twenty-first century.
Crude Volatility: The History and the Future of Boom-Bust Oil Prices
Robert McNally - 2017
Crafting an engrossing journey from the gushing Pennsylvania oil fields of the 1860s to today's fraught and fractious Middle East, Crude Volatility explains how past periods of stability and volatility in oil prices help us understand the new boom-bust era. Oil's notorious volatility has always been considered a scourge afflicting not only the oil industry but also the broader economy and geopolitical landscape; Robert McNally makes sense of how oil became so central to our world and why it is subject to such extreme price fluctuations.Tracing a history marked by conflict, intrigue, and extreme uncertainty, McNally shows how--even from the oil industry's first years--wild and harmful price volatility prompted industry leaders and officials to undertake extraordinary efforts to stabilize oil prices by controlling production. Herculean market interventions--first, by Rockefeller's Standard Oil, then, by U.S. state regulators in partnership with major international oil companies, and, finally, by OPEC--succeeded to varying degrees in taming the beast. McNally, a veteran oil market and policy expert, explains the consequences of the ebbing of OPEC's power, debunking myths and offering recommendations--including mistakes to avoid--as we confront the unwelcome return of boom and bust oil prices.
Last Boat Out of Shanghai: The Epic Story of the Chinese Who Fled Mao's Revolution
Helen Zia - 2019
Shanghai has historically been China's jewel, its richest, most modern and westernized city. The bustling metropolis was home to sophisticated intellectuals, entrepreneurs, and a thriving middle class when Mao's proletarian revolution emerged victorious from the long civil war. Terrified of the horrors the Communists would wreak upon their lives, citizens of Shanghai who could afford to fled in every direction. Seventy years later, members of the last generation to fully recall this massive exodus have revealed their stories to Chinese American journalist Helen Zia, who interviewed hundreds of exiles about their journey through one of the most tumultuous events of the twentieth century. From these moving accounts, Zia weaves together the stories of four young Shanghai residents who wrestled with the decision to abandon everything for an uncertain life as refugees in Hong Kong, Taiwan, and the United States.Benny, who as a teenager became the unwilling heir to his father's dark wartime legacy, must decide either to escape to Hong Kong or navigate the intricacies of a newly Communist China. The resolute Annuo, forced to flee her home with her father, a defeated Nationalist official, becomes an unwelcome exile in Taiwan. The financially strapped Ho fights deportation from the U.S. in order to continue his studies while his family struggles at home. And Bing, given away by her poor parents, faces the prospect of a new life among strangers in America. The lives of these men and women are marvelously portrayed, revealing the dignity and triumph of personal survival.
Lost in Tibet: The Untold Story of Five American Airmen, a Doomed Plane, and the Will to Survive
Richard Starks - 2004
To their astonishment, they found they had landed in the heart of Tibet. There they had to confront what, to them, seemed a bizarre--even alien--people. At the same time, they had to extricate themselves from the political turmoil that even then was raging around Tibet's right to be independent from China.Now back in print,
Lost in Tibet
is an extraordinary story of high adventure that sheds light on the remarkable Tibetan people, just at the moment when they were coming to terms with a hostile outside world.
The Battle for China's Past: Mao and the Cultural Revolution
Mobo C.F. Gao - 2008
As China embraces capitalism, the Mao era is being surgically denigrated by the Chinese political and intellectual elite. This book tackles the extremely negative depiction of China under Mao in recent publications and argues most people in China, including the rural poor and the urban working class, actually benefited from Mao's policy of a comprehensive welfare system for the urban and basic health and education provision for the rural, which is being reversed in the current rush towards capitalism.By a critical analysis of the mainstream account of the Mao era and the Cultural Revolution and by revealing what is offered in the unofficial e-media debates this book sets the record straight, making a convincing argument for the positive effects of Mao's policies on the well-being of the Chinese people.
Tiger Head, Snake Tails: China Today, How It Got There and Why It Has to Change
Jonathan Fenby - 2012
But the last major nation under Communist rule also has a history of catastrophe and tragedy, tyranny and repression, abject poverty, unfair business practice and inherent corruption under a nebulous system of leadership, and now faces environmental degradation and a demographic time bomb.In this compelling and lucid account based on years of research and first-hand experience, Jonathan Fenby links together the myriad features of today's China. He delivers a unique and coherent picture of its essence and evolution and contemplates its future - both alone and connected to the world around it.
On Full Automatic: Surviving 13 Months in Vietnam
William V. Taylor Jr. - 2021
Taylor Jr. and his brother Marines are assembled into a new reaction force that is immediately tested in the fire of a bloody conflict known as Operation Beaver Cage. After a traumatic first fight, they push through back-to-back operations with little time to rest or reflect. Those who survive will return home ensnared by everlasting memories of a real, but entirely surreal nightmare. Now after more than fifty years of holding everything in, Taylor shares his experience in explicit and often horrific detail and with a reverent honor for those Marines who did not live to tell the tale.Taylor reveals what it truly means to walk the path of a warrior, to sacrifice, and to live a lifetime with the memories of a war—seeking answers to the question, “Was it worth it?"
Fire and Blood: The European Civil War, 1914-1945
Enzo Traverso - 2007
Its overture was played out in the trenches of the Great War; its coda on a ruined continent. It opened with conventional declarations of war and finished with “unconditional surrender.” Proclamations of national unity led to eventual devastation, with entire countries torn to pieces. During these three decades of deepening conflicts, a classical interstate conflict morphed into a global civil war, abandoning rules of engagement and fought by irreducible enemies rather than legitimate adversaries, each seeking the annihilation of its opponents. It was a time of both unchained passions and industrial, rationalized massacre. Utilizing multiple sources, Enzo Traverso depicts the dialectic of this era of wars, revolutions and genocides. Rejecting commonplace notions of “totalitarian evil,” he rediscovers the feelings and reinterprets the ideas of an age of intellectual and political commitment when Europe shaped world history with its own collapse.
The Chinese
Jasper Becker - 1991
For nearly two decades Becker has lived in China, and reported from areas where most visitors do not reach. Here he is at his most candid, reporting from all over the country: from tiny, crowded homes in the swollen cities of the southeast rim to a vast, secret network of thousands of defense bunkers in the northwest. He exposes Chinese society in all of its layers: from remote, illiterate peasants; to the rising classes of businessmen; to local despots; the twenty grades of Party apparatchicks; to the dominant, comparatively small caste of Party leaders who are often ignorant of the people they rule.Becker lets the Chinese speak for themselves, in voices that are rich and moving. He teaches a great deal about the magnitude--and the false face--of China's vaunted economic boom, and further shows the pervasive institutionalized crime that has risen out of economic poverty. In all, Becker reveals a China very different than our long-held assumptions depict. The Chinese is the hidden story of people of the world's largest nation--a nation so poorly understood and so vital to the future.