The Fall and Rise of American Finance

The Fall and Rise of American Finance
Title The Fall and Rise of American Finance PDF eBook
Author Scott Aquanno
Publisher Verso Books
Pages 350
Release 2024-01-30
Genre Political Science
ISBN 1839765283

Download The Fall and Rise of American Finance Book in PDF, Epub and Kindle

The Fall and Rise of American Finance traces the collapse and reconstitution of American financial power from the disintegration of robber baron J. P. Morgan's vast empire to the rise of finance behemoth BlackRock. Contrary to what is taken for common sense by figures from Hillary Clinton to Bernie Sanders, Maher and Aquanno insist that financialization did not imply the hollowing out of the "real" economy or the retreat of the state. Rather, it served to intensify competitive discipline to maximize efficiency, profits, and the exploitation of labor-with the support of an increasingly authoritarian state.

The Fall and Rise of American Finance

The Fall and Rise of American Finance
Title The Fall and Rise of American Finance PDF eBook
Author Stephen Maher
Publisher Verso Books
Pages 273
Release 2024-02-13
Genre Political Science
ISBN 1839765267

Download The Fall and Rise of American Finance Book in PDF, Epub and Kindle

How Wall Street concocted a more volatile and dangerous capitalism The Fall and Rise of American Finance traces the collapse and reconstitution of American financial power from the disintegration of robber baron J. P. Morgan’s vast empire to the rise of finance behemoth BlackRock. Contrary to what is taken for common sense by figures from Hillary Clinton to Bernie Sanders, Maher and Aquanno insist that financialization did not imply the hollowing out of the “real” economy or the retreat of the state. Rather, it served to intensify competitive discipline to maximize efficiency, profits, and the exploitation of labor—with the support of an increasingly authoritarian state.

Makers and Takers

Makers and Takers
Title Makers and Takers PDF eBook
Author Rana Foroohar
Publisher Currency
Pages 402
Release 2017-09-12
Genre Business & Economics
ISBN 0553447254

Download Makers and Takers Book in PDF, Epub and Kindle

Is Wall Street bad for Main Street America? "A well-told exploration of why our current economy is leaving too many behind." —The New York Times In looking at the forces that shaped the 2016 presidential election, one thing is clear: much of the population believes that our economic system is rigged to enrich the privileged elites at the expense of hard-working Americans. This is a belief held equally on both sides of political spectrum, and it seems only to be gaining momentum. A key reason, says Financial Times columnist Rana Foroohar, is the fact that Wall Street is no longer supporting Main Street businesses that create the jobs for the middle and working class. She draws on in-depth reporting and interviews at the highest rungs of business and government to show how the “financialization of America”—the phenomenon by which finance and its way of thinking have come to dominate every corner of business—is threatening the American Dream. Now updated with new material explaining how our corrupted financial sys­tem propelled Donald Trump to power, Makers and Takers explores the confluence of forces that has led American businesses to favor balance-sheet engineering over the actual kind, greed over growth, and short-term profits over putting people to work. From the cozy relationship between Wall Street and Washington, to a tax code designed to benefit wealthy individuals and corporations, to forty years of bad policy decisions, she shows why so many Americans have lost trust in the sys­tem, and why it matters urgently to us all. Through colorful stories of both “Takers,” those stifling job creation while lining their own pockets, and “Makers,” businesses serving the real economy, Foroohar shows how we can reverse these trends for a better path forward.

The Rise and Fall of American Growth

The Rise and Fall of American Growth
Title The Rise and Fall of American Growth PDF eBook
Author Robert J. Gordon
Publisher Princeton University Press
Pages 785
Release 2017-08-29
Genre Business & Economics
ISBN 1400888956

Download The Rise and Fall of American Growth Book in PDF, Epub and Kindle

How America's high standard of living came to be and why future growth is under threat In the century after the Civil War, an economic revolution improved the American standard of living in ways previously unimaginable. Electric lighting, indoor plumbing, motor vehicles, air travel, and television transformed households and workplaces. But has that era of unprecedented growth come to an end? Weaving together a vivid narrative, historical anecdotes, and economic analysis, The Rise and Fall of American Growth challenges the view that economic growth will continue unabated, and demonstrates that the life-altering scale of innovations between 1870 and 1970 cannot be repeated. Gordon contends that the nation's productivity growth will be further held back by the headwinds of rising inequality, stagnating education, an aging population, and the rising debt of college students and the federal government, and that we must find new solutions. A critical voice in the most pressing debates of our time, The Rise and Fall of American Growth is at once a tribute to a century of radical change and a harbinger of tougher times to come.

The United States and Fascist Italy

The United States and Fascist Italy
Title The United States and Fascist Italy PDF eBook
Author Gian Giacomo Migone
Publisher Cambridge University Press
Pages 455
Release 2015-05-05
Genre Business & Economics
ISBN 1107002451

Download The United States and Fascist Italy Book in PDF, Epub and Kindle

Originally published in Italian in 1980, Migone covers the relationship between the United States and Italy during the interwar years.

The House of Morgan

The House of Morgan
Title The House of Morgan PDF eBook
Author Ron Chernow
Publisher Grove/Atlantic, Inc.
Pages 847
Release 2010-03-16
Genre Business & Economics
ISBN 0802198139

Download The House of Morgan Book in PDF, Epub and Kindle

The National Book Award–winning history of American finance by the renowned biographer and author of Hamilton: “A tour de force” (New York Times Book Review). The House of Morgan is a panoramic story of four generations in the powerful Morgan family and their secretive firms that would transform the modern financial world. Tracing the trajectory of J. P. Morgan’s empire from its obscure beginnings in Victorian London to the financial crisis of 1987, acclaimed author Ron Chernow paints a fascinating portrait of the family’s private saga and the rarefied world of the American and British elite in which they moved—a world that included Charles Lindbergh, Henry Ford, Franklin Roosevelt, Nancy Astor, and Winston Churchill. A masterpiece of financial history—it was awarded the 1990 National Book Award for Nonfiction and selected by the Modern Library as one of the 100 Best Nonfiction Books of the Twentieth Century—The House of Morgan is a compelling account of a remarkable institution and the men who ran it. It is essential reading for anyone seeking to understand the money and power behind the major historical events of the last 150 years.

The Rise and Fall of the City of Money

The Rise and Fall of the City of Money
Title The Rise and Fall of the City of Money PDF eBook
Author Ray Perman
Publisher Birlinn Ltd
Pages 512
Release 2019-10-10
Genre Business & Economics
ISBN 178885229X

Download The Rise and Fall of the City of Money Book in PDF, Epub and Kindle

It started and ended with a financial catastrophe. The Darien disaster of 1700 drove Scotland into union with England, but spawned the institutions which transformed Edinburgh into a global financial centre. The crash of 2008 wrecked the city's two largest and oldest banks – and its reputation. In the three intervening centuries, Edinburgh became a hothouse of financial innovation, prudent banking, reliable insurance and smart investing. The face of the city changed too as money transformed it from medieval squalor to Georgian elegance. This is the story, not just of the institutions which were respected worldwide, but of the personalities too, such as the two hard-drinking Presbyterian ministers who founded the first actuarially-based pension fund; Sir Walter Scott, who faced financial ruin, but wrote his way out of it; the men who financed American railways and eastern rubber plantations with Scottish money; and Fred Goodwin, notorious CEO of RBS, who took the bank to be the biggest in the world, but crashed and burned in 2008.