Book picks similar to
Wall Street and FDR by Antony C. Sutton


history
white-collar-crime-money-and-power
politics
geopolitics

The Forgotten Depression: 1921: The Crash that Cured Itself


James Grant - 2014
    His book appears in the fifth year of a lackluster recovery from the overmedicated downturn of 2007–2009.In 1920–21, Woodrow Wilson and Warren G. Harding met a deep economic slump by seeming to ignore it, implementing policies that most twenty-first century economists would call backward. Confronted with plunging prices, wages, and employment, the government balanced the budget and, through the Federal Reserve, raised interest rates. No “stimulus” was administered, and a powerful, job-filled recovery was under way by late in 1921.In 1929, the economy once again slumped—and kept right on slumping as the Hoover administration adopted the very policies that Wilson and Harding had declined to put in place. Grant argues that well-intended federal intervention, notably the White House-led campaign to prop up industrial wages, helped to turn a bad recession into America’s worst depression. He offers the experience of the earlier depression for lessons for today and the future. This is a powerful response to the prevailing notion of how to fight recession. The enterprise system is more resilient than even its friends give it credit for being, Grant demonstrates.

Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financial System from Crisis — and Themselves


Andrew Ross Sorkin - 2009
    From inside the corner office at Lehman Brothers to secret meetings in South Korea, and the corridors of Washington, Too Big to Fail is the definitive story of the most powerful men and women in finance and politics grappling with success and failure, ego and greed, and, ultimately, the fate of the world’s economy. “We’ve got to get some foam down on the runway!” a sleepless Timothy Geithner, the then-president of the Federal Reserve of New York, would tell Henry M. Paulson, the Treasury secretary, about the catastrophic crash the world’s financial system would experience. Through unprecedented access to the players involved, Too Big to Fail re-creates all the drama and turmoil, revealing neverdisclosed details and elucidating how decisions made on Wall Street over the past decade sowed the seeds of the debacle. This true story is not just a look at banks that were “too big to fail,” it is a real-life thriller with a cast of bold-faced names who themselves thought they were too big to fail.

Capitalism and the Jews


Jerry Z. Muller - 2010
    But the subject has been addressed less often by mainstream historians than by anti-Semites or apologists. In this book Jerry Muller, a leading historian of capitalism, separates myth from reality to explain why the Jewish experience with capitalism has been so important and complex--and so ambivalent. Drawing on economic, social, political, and intellectual history from medieval Europe through contemporary America and Israel, "Capitalism and the Jews" examines the ways in which thinking about capitalism and thinking about the Jews have gone hand in hand in European thought, and why anticapitalism and anti-Semitism have frequently been linked. The book explains why Jews have tended to be disproportionately successful in capitalist societies, but also why Jews have numbered among the fiercest anticapitalists and Communists. The book shows how the ancient idea that money was unproductive led from the stigmatization of usury and the Jews to the stigmatization of finance and, ultimately, in Marxism, the stigmatization of capitalism itself. Finally, the book traces how the traditional status of the Jews as a diasporic merchant minority both encouraged their economic success and made them particularly vulnerable to the ethnic nationalism of the nineteenth and twentieth centuries. Providing a fresh look at an important but frequently misunderstood subject, "Capitalism and the Jews" will interest anyone who wants to understand the Jewish role in the development of capitalism, the role of capitalism in the modern fate of the Jews, or the ways in which the story of capitalism and the Jews has affected the history of Europe and beyond, from the medieval period to our own.

Twilight of the Elites: America After Meritocracy


Christopher L. Hayes - 2012
    In the wake of the Fail Decade, Americans have historically low levels of trust in their institutions; the social contract between ordinary citizens and elites lies in tatters.How did we get here? With Twilight of the Elites, Christopher Hayes offers a radically novel answer. Since the 1960s, as the meritocracy elevated a more diverse group of men and women into power, they learned to embrace the accelerating inequality that had placed them near the very top. Their ascension heightened social distance and spawned a new American elite--one more prone to failure and corruption than any that came before it.Mixing deft political analysis, timely social commentary, and deep historical understanding, Twilight of the Elites describes how the society we have come to inhabit – utterly forgiving at the top and relentlessly punitive at the bottom – produces leaders who are out of touch with the people they have been trusted to govern. Hayes argues that the public's failure to trust the federal government, corporate America, and the media has led to a crisis of authority that threatens to engulf not just our politics but our day-to-day lives.Upending well-worn ideological and partisan categories, Hayes entirely reorients our perspective on our times. Twilight of the Elites is the defining work of social criticism for the post-bailout age.

Wilson's War: How Woodrow Wilson's Great Blunder Led to Hitler, Lenin, Stalin, and World War II


Jim Powell - 2005
    Far from making the world safe for democracy, America’s entry into the war opened the door to murderous tyrants and Communist rulers. No other president has had a hand—however unintentional—in so much destruction. That’s why, Powell declares, “Wilson surely ranks as the worst president in American history.”Wilson’s War reveals the horrifying consequences of our twenty-eighth president’s fateful decision to enter the fray in Europe. It led to millions of additional casualties in a war that had ground to a stalemate. And even more disturbing were the long-term consequences—consequences that played out well after Wilson’s death. Powell convincingly demonstrates that America’s armed forces enabled the Allies to win a decisive victory they would not otherwise have won—thus enabling them to impose the draconian surrender terms on Germany that paved the way for Adolf Hitler’s rise to power. Powell also shows how Wilson’s naiveté and poor strategy allowed the Bolsheviks to seize power in Russia. Given a boost by Woodrow Wilson, Lenin embarked on a reign of terror that continued under Joseph Stalin. The result of Wilson’s blunder was seventy years of Soviet Communism, during which time the Communist government murdered some sixty million people.Just as Powell’s FDR’s Folly exploded the myths about Franklin Roosevelt and the New Deal, Wilson’s War destroys the conventional image of Woodrow Wilson as a great “progressive” who showed how the United States can do good by intervening in the affairs of other nations. Jim Powell delivers a stunning reminder that we should focus less on a president’s high-minded ideals and good intentions than on the consequences of his actions.A selection of the Conservative Book Club and American CompassFrom the Hardcover edition.

The Hidden History of the JFK Assassination


Lamar Waldron - 2013
    For the first time, this concise and compelling book pierces the veil of secrecy to fully document the small, tightly-held conspiracy that killed President John F. Kennedy. It explains why he was murdered, and how it was done in a way that forced many records to remain secret for almost fifty years.The Hidden History of JFK’s Assassination draws on exclusive interviews with more than two dozen associates of John and Robert Kennedy, in addition to former FBI, Secret Service, military intelligence, and Congressional personnel, who provided critical first-hand information. The book also uses government files—including the detailed FBI confession of notorious Mafia godfather Carlos Marcello—to simply and clearly reveal exactly who killed JFK. Using information never published before, the book uses Marcello’s own words to his closest associates to describe the plot. His confession is also backed up by a wealth of independent documentation.This book builds on the work of the last Congressional committee to investigate JFK’s murder, which concluded that JFK ‘was probably assassinated as a result of a conspiracy,” and that godfathers [“Santo] Trafficante [and Carlos] Marcello had the motive, means, and opportunity to assassinate President Kennedy.” However, it also draws on exclusive files and information not available to Congress, that have only emerged in recent years, to fully explain for the first time how Marcello and Trafficante committed—and got away with—the crime of the 20th century.Some of the book’s revelations will be dramatized in the upcoming Warner Brothers film Legacy of Secrecy, produced by and starring Leonardo DiCaprio, which also stars Robert De Niro as Carlos Marcello.The Hidden History of JFK’s Assassination is the definitive account of the crime and the secrecy which has surrounded it.

Griftopia: Bubble Machines, Vampire Squids, and the Long Con That Is Breaking America


Matt Taibbi - 2010
    The stunning rise, fall, and rescue of Wall Street in the bubble-and-bailout era was the coming-out party for the network of looters who sit at the nexus of American political and economic power. The grifter class—made up of the largest players in the financial industry and the politicians who do their bidding—has been growing in power for a generation, transferring wealth upward through increasingly complex financial mechanisms and political maneuvers. The crisis was only one terrifying manifestation of how they’ve hijacked America’s political and economic life.Rolling Stone’s Matt Taibbi here unravels the whole fiendish story, digging beyond the headlines to get into the deeper roots and wider implications of the rise of the grifters. He traces the movement’s origins to the cult of Ayn Rand and her most influential—and possibly weirdest—acolyte, Alan Greenspan, and offers fresh reporting on the backroom deals that decided the winners and losers in the government bailouts. He uncovers the hidden commodities bubble that transferred billions of dollars to Wall Street while creating food shortages around the world, and he shows how finance dominates politics, from the story of investment bankers auctioning off America’s infrastructure to an inside account of the high-stakes battle for health-care reform—a battle the true reformers lost. Finally, he tells the story of Goldman Sachs, the “vampire squid wrapped around the face of humanity.” Taibbi has combined deep sources, trailblazing reportage, and provocative analysis to create the most lucid, emotionally galvanizing, and scathingly funny account yet written of the ongoing political and financial crisis in America. This is essential reading for anyone who wants to understand the labyrinthine inner workings of politics and finance in this country, and the profound consequences for us all.

America's Deadliest Export: Democracy – The Truth About US Foreign Policy and Everything Else


William Blum - 2013
    Since World War II we have been conditioned to believe that America's motives in 'exporting' democracy are honorable, even noble. In this startling and provocative book, William Blum, a leading dissident chronicler of US foreign policy and the author of controversial bestseller Rogue State, argues that nothing could be further from the truth. Moreover, unless this fallacy is unlearned, and until people understand fully the worldwide suffering American policy has caused, we will never be able to stop the monster.

History's Greatest Generals: 10 Commanders Who Conquered Empires, Revolutionized Warfare, and Changed History Forever


Michael Rank - 2013
    Whether it is Hannibal of Carthage marching elephants across the Alps and attacking the heart of Rome, Khalid ibn al-Walid boasting an undefeated military career and destroying the Persian Empire while subduing the Byzantines, or Russian General Alexander Suvurov and his elevation of the bayonet to a work of art that could cut down any European army, great military leaders have exerted tremendous influence on society. This book will look at the lives of the ten greatest military commanders in history. Some conquered the fullest expanse of the known world, as did Alexander the Great. Still others were master statesmen and capable of translating military victory into long-term political gains, such as Julius Caesar, whose vanquishing of the Gauls and his political opponents laid the groundwork for several centuries of unmatchable Roman imperial might. It will also look at the tactics they used to bring down stronger armies and befuddle them at every turn; whether it is Napoleon, who nearly conquered Europe through his deadly manoeuvre sur les derrieres and marching unexpectedly away from the enemy's main strength and concentrating on a weak but vital enemy point; or Hannibal's double entrapment maneuver, which has been the envy of military strategists for the last 2,000 years. Whatever their background, these rulers show that the right military commander at the right time in history can destroy an empire, change civilization, and alter the course of world history forever.

The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance


Ron Chernow - 1990
    Acclaimed by The Wall Street Journal as "brilliantly researched and written," the book tells the rich, panoramic story of four generations of Morgans and the powerful, secretive firms they spawned. It is the definitive account of the rise of the modern financial world. A gripping history of banking and the booms and busts that shaped the world on both sides of the Atlantic, The House of Morgan traces the trajectory of the J. P. Morgan empire from its obscure beginnings in Victorian London to the crash of 1987. Ron Chernow paints a fascinating portrait of the private saga of the Morgans and the rarefied world of the American and British elite in which they moved. Based on extensive interviews and access to the family and business archives, The House of Morgan is an investigative masterpiece, a compelling account of a remarkable institution and the men who ran it, and an essential book for understanding the money and power behind the major historical events of the last 150 years.

Lords of Finance: The Bankers Who Broke the World


Liaquat Ahamed - 2009
    In fact, as Liaquat Ahamed reveals, it was the decisions taken by a small number of central bankers that were the primary cause of the economic meltdown, the effects of which set the stage for World War II and reverberated for decades. In Lords of Finance, we meet the neurotic and enigmatic Montagu Norman of the Bank of England, the xenophobic and suspicious Émile Moreau of the Banque de France, the arrogant yet brilliant Hjalmar Schacht of the Reichsbank, and Benjamin Strong of the Federal Reserve Bank of New York, whose façade of energy and drive masked a deeply wounded and overburdened man. After the First World War, these central bankers attempted to reconstruct the world of international finance. Despite their differences, they were united by a common fear—that the greatest threat to capitalism was inflation— and by a common vision that the solution was to turn back the clock and return the world to the gold standard. For a brief period in the mid-1920s they appeared to have succeeded. The world’s currencies were stabilized and capital began flowing freely across the globe. But beneath the veneer of boom-town prosperity, cracks started to appear in the financial system. The gold standard that all had believed would provide an umbrella of stability proved to be a straitjacket, and the world economy began that terrible downward spiral known as the Great Depression. As yet another period of economic turmoil makes headlines today, the Great Depression and the year 1929 remain the benchmark for true financial mayhem. Offering a new understanding of the global nature of financial crises, Lords of Finance is a potent reminder of the enormous impact that the decisions of central bankers can have, of their fallibility, and of the terrible human consequences that can result when they are wrong.

The Terror Factory: Inside the FBI's Manufactured War on Terrorism


Trevor Aaronson - 2013
    A groundbreaking work of investigative journalism, The Terror Factory: Inside the FBI's Manufactured War on Terrorism exposes how the FBI has, under the guise of engaging in counterterrorism since 9/11, built a network of more than 15,000 informants whose primary purpose is to infiltrate Muslim communities to create and facilitate phony terrorist plots so that the Bureau can then claim it is winning the war on terror.An outgrowth of Trevor Aaronson's work as an investigative reporting fellow at the University of California, Berkeley, which culminated in an award-winning cover story in Mother Jones magazine, The Terror Factory reveals shocking information about the criminals, con men, and liars the FBI uses as paid informants--including the story of an accused murderer who has become one of the Bureau's most prolific terrorism snitches--as well as documenting the extreme methods the FBI uses to ensnare Muslims in terrorist plots, which are in reality conceived and financed by the FBI.The book also offers unprecedented detail into how the FBI has transformed from a reactive law enforcement agency to a proactive counterterrorism organization that traps hapless individuals in manufactured terrorist plots in order to justify the $3 billion it spends every year fighting terrorism.

World War II: A History from Beginning to End


Hourly History - 2019
     Free BONUS Inside! Until 1939, World War I was known as “the war to end all wars,” but when Nazi Germany capped its mounting aggression against its neighbors by invading Poland, Europe was plunged into a second global conflict that threatened the entire continent as well as the far-flung colonial possessions claimed by the French, British, and Dutch. German triumphs saw nation after nation fall until only Great Britain remained defiant against Hitler’s dreams of conquest. By late 1941, the United States was forced from neutrality into war after the Japanese attack on Pearl Harbor. Meanwhile Joseph Stalin’s Nonaggression Pact with the Germans became meaningless after Germany invaded the Soviet Union. In Europe, along the Eastern Front, and in the Pacific, the Allies battled the Axis Powers, and then, on D-Day, June 6, 1944, the invasion of Normandy brought the fighting closer and closer to Berlin. In the Pacific, the Allies fought the Japanese island by island in bloody battles where the bodies of fallen soldiers attested to the Japanese willingness to die for their emperor. Untested American President Harry Truman had to decide whether to continue the fighting in the conventional manner and allow more American troops to be slaughtered in battle, or to use a new and devastating secret weapon to bring the war to a cataclysmic conclusion. Discover a plethora of topics such as War Begins: The Invasion of Poland Europe under the Swastika The Eastern Front From Normandy to Berlin War in the Pacific: The Rising Sun Bringing the War to Japan And much more! So if you want a concise and informative book on World War II, simply scroll up and click the "Buy now" button for instant access!

The Triumph of Conservatism: A Reinterpretation of American History, 1900–1916


Gabriel Kolko - 1977
    A radically new interpretation of the Progressive Era which argues that business leaders, and not the reformers, inspired the era’s legislation regarding business.

A People's History of the United States


Howard Zinn - 1980
    Zinn portrays a side of American history that can largely be seen as the exploitation and manipulation of the majority by rigged systems that hugely favor a small aggregate of elite rulers from across the orthodox political parties.A People's History has been assigned as reading in many high schools and colleges across the United States. It has also resulted in a change in the focus of historical work, which now includes stories that previously were ignoredLibrary Journal calls Howard Zinn’s book “a brilliant and moving history of the American people from the point of view of those…whose plight has been largely omitted from most histories.”