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[H363.Ebook] Free PDF The Lords of Creation (Forbidden Bookshelf), by Frederick Lewis Allen

Free PDF The Lords of Creation (Forbidden Bookshelf), by Frederick Lewis Allen

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The Lords of Creation (Forbidden Bookshelf), by Frederick Lewis Allen

The Lords of Creation (Forbidden Bookshelf), by Frederick Lewis Allen



The Lords of Creation (Forbidden Bookshelf), by Frederick Lewis Allen

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The Lords of Creation (Forbidden Bookshelf), by Frederick Lewis Allen

An acclaimed classic detailing the economic history of America in the late nineteenth and early twentieth centuries and exposing the capitalist giants who changed the world

Frederick Lewis Allen’s insightful financial history of the United States—from the late 1800s through the stock market collapse of 1929—remains a seminal work on what brought on America’s worst economic disaster: the Great Depression. In the decades following the Civil War, America entered an era of unprecedented corporate expansion, with ultimate financial power in the hands of a few wealthy industrialists who exploited the capitalist system for everything it was worth. The Rockefellers, Fords, Morgans, and Vanderbilts were the “lords of creation” who, along with like-minded magnates, controlled the economic destiny of the country, unrestrained by regulations or moral imperatives. Through a combination of foresight, ingenuity, ruthlessness, and greed, America’s giants of industry remolded the US economy in their own preferred image. In so doing, they established their absolute power and authority, ensuring that they—and they alone—would control the means of production, transportation, energy, and commerce—thereby setting the stage for the most devastating global financial collapse in history.

As Gretchen Morgenson thoughtfully states in her introduction, “It is not immediately clear why the frequency and severity of financial scandals is increasing in the United States. What is clear is that we need to understand the origins of these disasters, as well as the policies and people that bring them on. . . . While distant actions may seem unrelated to current events, rereading about the past almost always provides surprising insights into the present.”

The Lords of Creation, first published in the midst of the Great Depression, when the financial catastrophe was still painfully fresh, is a fascinating story of bankers, railroad tycoons, steel magnates, speculators, scoundrels, and robber barons. It is a tale of innovation and shocking exploitation—and a sobering reminder that history can indeed repeat itself. 

  • Sales Rank: #271360 in eBooks
  • Published on: 2014-06-10
  • Released on: 2014-06-10
  • Format: Kindle eBook

Review
“A diligent and perceptive reporter. . . . So much of what he has to say is almost eerie to read [today].” —Forbes

“A grand job—good reading, and a challenge to sound thinking. . . . A thoughtful and stimulating book, which shows careful research into facts and human motives, a thoughtful viewing of cause and effect, and a constructive approach to controversial subjects.” —Kirkus Reviews

From the Publisher
12 1.5-hour cassettes

About the Author
Frederick Lewis Allen (1890–1954) was born in Boston, studied at Groton, and graduated from Harvard in 1912. He was assistant and associate editor of Harper’s Magazine for eighteen years, then the magazine’s sixth editor in chief for twelve years until his death. In addition to The Lords of Creation, Allen was well known for Only Yesterday, Since Yesterday, and The Big Change.

Most helpful customer reviews

22 of 22 people found the following review helpful.
Wonderful book!
By Melissa K. Bear
A detailed account of the financial expansion in the U.S. from the 1890's up to the Depression. In spite of the complexities of this subject Allen manages to make it understandable and interesting. There are so many similarities to what is happening in our country today that it should be a must read for everyone. I'll be saving this one for future reading and reference. Allen was such a gifted historical writer, if you have any interest in this period of time in American history then read all of Allen's books, you won't be disappointed.

18 of 20 people found the following review helpful.
Wall Street on Parade per Disappeared book Series
By M. L. Stanley
NYU Media Studies Professor, Mark Crispin Miller, has stumbled upon a potential landmine for Wall Street. In conjunction with Open Road Media, Miller has unearthed and is bringing back to life important vanished books under the imprint “Forbidden Bookshelf.” One of those books is The Lords of Creation: The History of America’s 1 Percent by Frederick Lewis Allen.

The only thing to change about the book is a new forward by Miller and an introduction by business writer, Gretchen Morgenson, of the New York Times. And, of course, that second half of the title has been added. In 1935 when the book was originally published, Wall Streeters were still called banksters. We can thank Occupy Wall Street for successfully marketing the 1 percent brand.
[...]

15 of 17 people found the following review helpful.
Read it and weep...
By mselectromagnetic
I started reading this book because I've heard that economic conditions are very similar right now to those that preceded the famous Wall St. crash of 1929. It's disgusting to note that many of the names that figured prominently in sending the nation into the chaos of the Great Depression are the EXACT same names that are setting us up to fall down again. This book was written a long time ago, so the style seems a bit stilted or stuffy (hence a 4 out of 5), and I don't have patience for long lists of people long dead who should have died in jail for what they did. As a scholarly work, it is above reproach...the research cites a variety of sources, and all conclusions are very well supported by documentation. It is exhausting to read, but it is also a very thorough indictment of the types of ethical and moral compromises invented by a group of business leaders who thought they were entitled to parasitize the American working public.

See all 20 customer reviews...

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