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"A progressive takedown of the uber-capitalist status quo that has enriched millionaires and billionaires at the expense of the working class, and a blueprint for what transformational change would actually look like. It's OK to be angry about capitalism. Reflecting on our turbulent times, Senator Bernie Sanders takes on the billionaire class and speaks blunt truths about our country's failure to address the destructive nature of a system that is...
3) Capitalist punishment: how Wall Street is using your money to create a country you didn't vote for
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A Wall Street cartel has quietly seized control of the American economy, and they are forcing governments and businesses to bow down to their political agenda--using your money to do it. Three Wall Street firms have quietly amassed more money than Jeff Bezos, Elon Musk, Andrew Carnegie, and John Rockefeller combined. But the money isn't even theirs. These asset managers have accumulated all their power through "passive funds," as most investors no...
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An absorbing and original narrative history of American capitalism
NAMED A BEST BOOK OF 2017 BY THE ECONOMIST
From the days of the Mayflower and the Virginia Company, America has been a place for people to dream, invent, build, tinker, and bet the farm in pursuit of a better life. Americana takes us on a four-hundred-year journey of this spirit of innovation and ambition through a series of Next Big Things — the inventions,...
NAMED A BEST BOOK OF 2017 BY THE ECONOMIST
From the days of the Mayflower and the Virginia Company, America has been a place for people to dream, invent, build, tinker, and bet the farm in pursuit of a better life. Americana takes us on a four-hundred-year journey of this spirit of innovation and ambition through a series of Next Big Things — the inventions,...
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"Layoffs upend people's lives, cause enormous stress, and lead to debilitating personal debt. The societal harm caused by mass layoffs has been known for decades. Yet, we do little to stop them. Why? Why do we allow whole communities to be destroyed by corporate decision-makers? Why do we consider mass layoffs a natural, baked-in feature of modern financialized capitalism? In Wall Street's War on Workers, Les Leopold, co-founder of the Labor Institute,...
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"In 1981, Jack Welch took over General Electric and quickly rose to fame as the first celebrity CEO. He golfed with presidents, mingled with movie stars, and was idolized for growing GE into the most valuable company in the world. But Welch's achievements didn't stem from some greater intelligence or business prowess. Rather, they were the result of a sustained effort to push GE's stock price ever higher, often at the expense of workers, consumers,...
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In the early 20th century, business elites, trade associations, wealthy powerbrokers, and media allies set out to build a new American orthodoxy: down with "big government" and up with unfettered markets. With startling archival evidence, Oreskes and Conway document campaigns to rewrite textbooks, combat unions, and defend child labor. They detail the ploys that turned hardline economists Friedrich von Hayek and Milton Friedman into household names;...
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"From an acclaimed historian and financial analyst, the first definitive history of the legendary private investment firm Brown Brothers Harriman - and through it, the rise to world power of the so-called American Establishment. Conspiracy theories have always swirled around Brown Brothers Harriman, and not without reason. Throughout the 19th century, when America was convulsed by a devastating financial panic every generation, Brown Brothers quietly...
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"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,...
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"From the legendary former Fed Chairman and the acclaimed Economist writer and historian, the full, epic story of America's evolution from a small patchwork of threadbare colonies to the most powerful engine of wealth and innovation the world has ever seen. From the start of his fabled career, Alan Greenspan was duly famous for his deep understanding of even the most arcane corners of the American economy, and his restless curiosity to know even more....