Download The Lords of Creation AudioBook Free
An acclaimed vintage detailing the monetary record of America in the late 19th and early on 20th hundreds of years and exposing the capitalist giants who changed the earth. Frederick Lewis Allen's insightful credit history of america - from the late 1800s through the stock market collapse of 1929 - remains a seminal work on what induced America's worst monetary disaster: the fantastic Depression. Inside the decades following the Civil Conflict, America entered a time of unprecedented corporate and business development, with ultimate financial power in the hands of a few rich industrialists who exploited the capitalist system for everything it was well worth. The Rockefellers, Fords, Morgans, and Vanderbilts were the "lords of creation" who, along with like-minded magnates, managed the economic future of the united states, unrestrained by regulations or moral imperatives. Through a combo of foresight, ingenuity, ruthlessness, and greed, America's giants of industry remolded the US economy in their own preferred image. By doing this, they established their absolute power and authority, ensuring that they - and they together - would control the means of production, transport, energy, and business - thereby preparing the stage for the most disastrous global financial collapse in history. As Gretchen Morgenson thoughtfully says in her advantages, "It is not immediately clear why the rate of recurrence and severity of financial scandals is increasing in america. What's clear is that we need to comprehend the origins of the disasters, as well as the plans and people that bring them on.... While distant actions may appear unrelated to current events, rereading about the past almost always provides astonishing insights into the present."