The Myth Of The Robber Barons

Author : Burton W. Folsom
Publisher : Young Americas Foundation
ISBN 13 : 0963020315
Total Pages : 185 pages
Book Rating : 4.14/5 ( download)

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Download or read book The Myth of the Robber Barons written by Burton W. Folsom and published by Young Americas Foundation. This book was released on 1991-01-01 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt: In his book The Myth of the Robber Barons, Folsom distinguishes between political entrepreneurs who ran inefficient businesses supported by government favors, and market entrepreneurs who succeeded by providing better and lower-cost products or services, usually while facing vigorous competition.

Author : Burton W. Folsom
Publisher : Young Amer Foundation
ISBN 13 : 9780963020307
Total Pages : 170 pages
Book Rating : 4.07/5 ( download)

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Download or read book The Myth of the Robber Barons written by Burton W. Folsom and published by Young Amer Foundation. This book was released on 1991 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Matthew Josephson
Publisher : Houghton Mifflin Harcourt
ISBN 13 : 9780156767903
Total Pages : 496 pages
Book Rating : 4.02/5 ( download)

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Download or read book The Robber Barons written by Matthew Josephson and published by Houghton Mifflin Harcourt. This book was released on 1962 with total page 496 pages. Available in PDF, EPUB and Kindle. Book excerpt: Includes material on John D. Rockefeller, J. Pierpoint Morgan, Cornelius Vanderbilt, William H. Vanderbilt, Andrew Carnegie, E.H. Harriman, Jay Gould, Jim Fisk, Jay Cooke, Daniel Drew, Henry C. Frick, James J. Hill, Charles M. Schwab, Henry Villard, Standard Oil Company, trusts.

Author : Jonathan Tepper
Publisher : John Wiley & Sons
ISBN 13 : 1394184069
Total Pages : 349 pages
Book Rating : 4.64/5 ( download)

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Download or read book The Myth of Capitalism written by Jonathan Tepper and published by John Wiley & Sons. This book was released on 2023-04-25 with total page 349 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Myth of Capitalism tells the story of how America has gone from an open, competitive marketplace to an economy where a few very powerful companies dominate key industries that affect our daily lives. Digital monopolies like Google, Facebook and Amazon act as gatekeepers to the digital world. Amazon is capturing almost all online shopping dollars. We have the illusion of choice, but for most critical decisions, we have only one or two companies, when it comes to high speed Internet, health insurance, medical care, mortgage title insurance, social networks, Internet searches, or even consumer goods like toothpaste. Every day, the average American transfers a little of their pay check to monopolists and oligopolists. The solution is vigorous anti-trust enforcement to return America to a period where competition created higher economic growth, more jobs, higher wages and a level playing field for all. The Myth of Capitalism is the story of industrial concentration, but it matters to everyone, because the stakes could not be higher. It tackles the big questions of: why is the US becoming a more unequal society, why is economic growth anemic despite trillions of dollars of federal debt and money printing, why the number of start-ups has declined, and why are workers losing out.

Author : Burton W. Folsom
Publisher : Simon and Schuster
ISBN 13 : 1416592377
Total Pages : 338 pages
Book Rating : 4.72/5 ( download)

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Download or read book New Deal Or Raw Deal? written by Burton W. Folsom and published by Simon and Schuster. This book was released on 2009-11-17 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: ultimately elevating public opinion of his administration but falling flat in achieving the economic revitalization that America so desperately needed from the Great Depression. Folsom takes a critical, revisionist look at Roosevelt's presidency, his economic policies, and his personal life. Elected in 1932 on a buoyant tide of promises to balance the increasingly uncontrollable national budget and reduce the catastrophic unemployment rate, the charismatic thirty-second president not only neglected to pursue those goals, he made dramatic changes to federal programming that directly contradicted his campaign promises. Price fixing, court packing, regressive taxes, and patronism were all hidden inside the alphabet soup of his popular New Deal, putting a financial strain on the already suffering lower classes and discouraging the upper classes from taking business risks that potentially could have jostled national cash flow from dormancy.

Author : Charles River Charles River Editors
Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781539748274
Total Pages : 184 pages
Book Rating : 4.78/5 ( download)

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Download or read book Robber Barons written by Charles River Charles River Editors and published by Createspace Independent Publishing Platform. This book was released on 2016-10-26 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: *Includes pictures *Includes the business magnates' quotes about life and work *Includes online resources and a bibliography for further reading The Gilded Age and the dawn of the 20th century are often remembered as an era full of monopolies, trusts, and economic giants in heavy industries like oil and steel. 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." In a similar vein, he said, "Those who would administer wisely must, indeed, be wise, for one of the serious obstacles to the improvement of our race is indiscriminate charity."

Author : Burton W. Folsom
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.64/5 ( download)

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Download or read book Myth of the Robber Barons written by Burton W. Folsom and published by . This book was released on 2010 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Burton W. Folsom
Publisher : Simon and Schuster
ISBN 13 : 1439183228
Total Pages : 386 pages
Book Rating : 4.29/5 ( download)

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Download or read book FDR Goes to War written by Burton W. Folsom and published by Simon and Schuster. This book was released on 2011-10-11 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the acclaimed author of New Deal or Raw Deal?, called “eye-opening” by the National Review, comes a fascinating exposé of Franklin Delano Roosevelt’s destructive wartime legacy—and its adverse impact on America’s economic and foreign policies today. Did World War II really end the Great Depression—or did President Franklin Roosevelt’s poor judgment and confused management leave Congress with a devastating fiscal mess after the final bomb was dropped? In this provocative new book, historians Burton W. Folsom, Jr., and Anita Folsom make a compelling case that FDR’s presidency led to evasive and self-serving wartime policies. At a time when most Americans held isolationist sentiments—a backlash against the stunning carnage of World War I—Roosevelt secretly favored an aggressive interventionist foreign policy. Yet, throughout the 1930s, he spent lavishly on his disastrous New Deal programs and slashed defense spending, leaving America vastly unprepared for Japan’s attack on Pearl Harbor and the challenge of fighting World War II. History books tell us the wartime economy was a boon, thanks to massive government spending. But the skyrocketing national debt, food rations, nonexistent luxuries, crippling taxes, labor strikes, and dangerous work of the time tell a different story—one that is hardly the stuff of recovery. Instead, the war ushered in a new era of imperialism for the executive branch. Roosevelt seized private property, conducted illegal wiretaps, tried to silence domestic opposition, and interned 110,000 Japanese Americans. He set a dangerous precedent for entangling alliances in foreign affairs, including his remarkable courtship of Russian dictator Joseph Stalin, while millions of Americans showed the courage, perseverance, and fortitude to make the weapons and fight the war. Was Roosevelt a great wartime leader, as historians almost unanimously assert? The Folsoms offer a thought-provoking revision of his controversial legacy. FDR Goes to War will make America take a second look at one of its most complicated presidents.

Author : Sally Hubbard
Publisher : Simon and Schuster
ISBN 13 : 198214971X
Total Pages : 320 pages
Book Rating : 4.10/5 ( download)

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Download or read book Monopolies Suck written by Sally Hubbard and published by Simon and Schuster. This book was released on 2021-09-21 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: "An urgent and witty manifesto, Monopolies Suck shows how monopoly power is harming everyday Americans and practical ways we can all fight back."--

Author : Jack Kelly
Publisher : St. Martin's Press
ISBN 13 : 1250128862
Total Pages : 321 pages
Book Rating : 4.67/5 ( download)

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Download or read book The Edge of Anarchy written by Jack Kelly and published by St. Martin's Press. This book was released on 2019-01-08 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Pay attention, because The Edge of Anarchy not only captures the flickering Kinetoscopic spirit of one of the great Labor-Capital showdowns in American history, it helps focus today’s great debates over the power of economic concentration and the rights and futures of American workers." —Brian Alexander, author of Glass House "In gripping detail, The Edge of Anarchy reminds us of what a pivotal figure Eugene V. Debs was in the history of American labor... a tale of courage and the steadfast pursuit of principles at great personal risk." —Tom Clavin, New York Times bestselling author of Dodge City The dramatic story of the explosive 1894 clash of industry, labor, and government that shook the nation and marked a turning point for America. The Edge of Anarchy by Jack Kelly offers a vivid account of the greatest uprising of working people in American history. At the pinnacle of the Gilded Age, a boycott of Pullman sleeping cars by hundreds of thousands of railroad employees brought commerce to a standstill across much of the country. Famine threatened, riots broke out along the rail lines. Soon the U.S. Army was on the march and gunfire rang from the streets of major cities. This epochal tale offers fascinating portraits of two iconic characters of the age. George Pullman, who amassed a fortune by making train travel a pleasure, thought the model town that he built for his workers would erase urban squalor. Eugene Debs, founder of the nation’s first industrial union, was determined to wrench power away from the reigning plutocrats. The clash between the two men’s conflicting ideals pushed the country to what the U.S. Attorney General called “the ragged edge of anarchy.” Many of the themes of The Edge of Anarchy could be taken from today’s headlines—upheaval in America’s industrial heartland, wage stagnation, breakneck technological change, and festering conflict over race, immigration, and inequality. With the country now in a New Gilded Age, this look back at the violent conflict of an earlier era offers illuminating perspectives along with a breathtaking story of a nation on the edge.