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Age Of Greed
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Download or read book Age of Greed written by Jeff Madrick and published by Vintage. This book was released on 2012-06-12 with total page 482 pages. Available in PDF, EPUB and Kindle. Book excerpt: A vivid history of the economics of greed told through the stories of those major figures primarily responsible. Age of Greed shows how the single-minded and selfish pursuit of immense personal wealth has been on the rise in the United States over the last forty years. Economic journalist Jeff Madrick tells this story through incisive profiles of the individuals responsible for this dramatic shift in our country’s fortunes, from the architects of the free-market economic philosophy (such as Milton Friedman and Alan Greenspan) to the politicians and businessmen (including Nixon, Reagan, Boesky, and Soros) who put it into practice. Their stories detail how a movement initially conceived as a moral battle for freedom instead brought about some of our nation's most pressing economic problems, including the intense economic inequity and instability America suffers from today. This is an indispensible guide to understanding the 1 percent.
Download or read book Age of Greed written by Jeff Madrick and published by Vintage. This book was released on 2011-05-31 with total page 482 pages. Available in PDF, EPUB and Kindle. Book excerpt: A vividly told history of how greed bred America’s economic ills over the last forty years, and of the men most responsible for them. As Jeff Madrick makes clear in a narrative at once sweeping, fast-paced, and incisive, the single-minded pursuit of huge personal wealth has been on the rise in the United States since the 1970s, led by a few individuals who have argued that self-interest guides society more effectively than community concerns. These stewards of American capitalism have insisted on the central and essential place of accumulated wealth through the booms, busts, and recessions of the last half century, giving rise to our current woes. In telling the stories of these politicians, economists, and financiers who declared a moral battle for freedom but instead gave rise to an age of greed, Madrick traces the lineage of some of our nation’s most pressing economic problems. He begins with Walter Wriston, head of what would become Citicorp, who led the battle against government regulation. He examines the ideas of economist Milton Friedman, who created the plan for an anti-Rooseveltian America; the politically expedient decisions of Richard Nixon that fueled inflation; the philosophy of Alan Greenspan, on whose libertarian ideology a house of cards was built on Wall Street; and the actions of Sandy Weill, who constructed the largest financial institution in the world, which would have gone bankrupt in 2008 without a federal bailout of $45 billion. Significant figures including Ivan Boesky, Michael Milken, Jack Welch, and Ronald Reagan play key roles as well. Intense economic inequity and instability is the story of our age, and Jeff Madrick tells it with style, clarity, and an unerring command of his subject.
Download or read book Meltdown written by Paul Mason and published by Verso Books. This book was released on 2020-05-05 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: Meltdown is the gripping account of the financial collapse that destroyed the West's investment banks, brought the global economy to its knees, and undermined three decades of neoliberal orthodoxy. Covering the development of the crisis from the economic front line, BBC Newsnight journalist Paul Mason explores the roots of the US and UK's financial hubris, documenting the real-world causes and consequences from the Ford factory, to Wall Street, to the City of London. In this fully updated new edition, he recounts how the credit crunch became a full-blown financial crisis, and explores its impact on capitalist ideology and politics in our new age of austerity.
Download or read book High Crimes written by Michael Kodas and published by Hachette Books. This book was released on 2008-02-05 with total page 539 pages. Available in PDF, EPUB and Kindle. Book excerpt: High Crimes is journalist Michael Kodas's gripping account of life on top of the world--where man is every bit as deadly as Mother Nature. In the years following the publication of Into Thin Air, much has changed on Mount Everest. Among all the books documenting the glorious adventures in mountains around the world, none details how the recent infusion of wealthy climbers is drawing crime to the highest place on the planet. The change is caused both by a tremendous boom in traffic, and a new class of parasitic and predatory adventurer. It's likely that Jon Krakauer would not recognize the camps that he visited on Mount Everest almost a decade ago. This book takes readers on a harrowing tour of the criminal underworld on the slopes of the world's most majestic mountain. High Crimes describes two major expeditions: the tragic story of Nils Antezana, a climber who died on Everest after he was abandoned by his guide; as well as the author's own story of his participation in the Connecticut Everest Expedition, guided by George Dijmarescu and his wife and climbing partner, Lhakpa Sherpa. Dijmarescu, who at first seemed well-intentioned and charming, turned increasingly hostile to his own wife, as well as to the author and the other women on the team. By the end of the expedition, the three women could not travel unaccompanied in base camp due to the threat of violence. Those that tried to stand against the violence and theft found that the worst of the intimidation had followed them home to Connecticut. Beatings, thefts, drugs, prostitution, coercion, threats, and abandonment on the highest slopes of Everest and other mountains have become the rule rather than the exception. Kodas describes many such experiences, and explores the larger issues these stories raise with thriller-like intensity.
Book Synopsis The Hunger for More by : Laurence Shames
Download or read book The Hunger for More written by Laurence Shames and published by Createspace Independent Pub. This book was released on 2015-02-28 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the lyrical yet tough-minded tradition of Thoreau, this prescient and impassioned volume, written by a former Ethics columnist for Esquire magazine, examines the myths and follies of a culture that celebrates greed and defines success solely in terms of wealth. As timely today as it was upon its original release in 1989, the book examines the corrosive effects of money-worship on the social fabric and warns of the consequences of pursuing a lifestyle rather than building a life. Written in a lively, journalistic style, and filled with telling observations, the volume takes an unsparing look at the world as it is---and also points the way toward the more humane and fulfilling world that is in our power to create. Said The New York Times, “Shames' critique is on the mark…concrete, compelling reading.”“A scathing indictment of the excesses of our time as well as a prophecy of changes ahead.”—Atlanta Journal-Constitution
Book Synopsis Civic Empowerment in an Age of Corporate Greed by : Edward C. Lorenz
Download or read book Civic Empowerment in an Age of Corporate Greed written by Edward C. Lorenz and published by MSU Press. This book was released on 2012-04-01 with total page 485 pages. Available in PDF, EPUB and Kindle. Book excerpt: A thought-provoking investigation of an urgent issue facing American communities today, Edward C. Lorenz’s book examines the intersection of corporate irresponsibility and civic engagement. At the heart of this case study is a group of firms responsible for seven of the most contaminated Superfund sites in the United States, the largest food contamination accident in U.S. history, stunning stock and financial manipulations, and a massive shift of jobs off shore. In the face of these egregious environmental, employee, and investor abuses, several communities impacted by these firms organized to confront and combat failures in corporate and bureaucratic leadership, winning notable victories over major financiers, lobbyists, and indifferent or ineffective government agencies. A critical analysis of public and private leadership, business and economic ethics, and civic life, this book concludes with a stirring blueprint for other communities facing similarly overwhelming opposition.
Book Synopsis The Power of Greed by : Michael Rosberg
Download or read book The Power of Greed written by Michael Rosberg and published by University of Alberta. This book was released on 2005-08-16 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Power of Greed recommends a shift away from the moralistic way we often go about doing international development. It says we can be too focused on our own ambitions for others and too unaware of what they’re up to on their own behalf. It argues that the desperate and greedy behaviours of the poor and their oppressors are not the enemies of international development, but its potential allies. It also says we ought to resist taking sides in defence of the poor. Productive alliances between oppressed and oppressor are possible if the conditions are right. Furthermore, it says that we need to tie national institutional and economic strengthening measures to the creation of sustainable interest groups at the grassroots. Only they could be in a position to prevent greed and corruption at the top in a sustainable way. For these reasons, The Power of Greed tries to get us to focus on doing more about the opportunity structure in the developing world and, for the rest, to rely on the opportunism of the population.
Book Synopsis On Corruption in America by : Sarah Chayes
Download or read book On Corruption in America written by Sarah Chayes and published by Vintage. This book was released on 2020-08-11 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the prizewinning journalist and internationally recognized expert on corruption in government networks throughout the world comes a major work that looks homeward to America, exploring the insidious, dangerous networks of corruption of our past, present, and precarious future. “If you want to save America, this might just be the most important book to read now." —Nancy MacLean, author of Democracy in Chains Sarah Chayes writes in her new book, that the United States is showing signs similar to some of the most corrupt countries in the world. Corruption, she argues, is an operating system of sophisticated networks in which government officials, key private-sector interests, and out-and-out criminals interweave. Their main objective: not to serve the public but to maximize returns for network members. In this unflinching exploration of corruption in America, Chayes exposes how corruption has thrived within our borders, from the titans of America's Gilded Age (Andrew Carnegie, John D. Rockefeller, J. P. Morgan, et al.) to the collapse of the stock market in 1929, the Great Depression, and FDR's New Deal; from Joe Kennedy's years of banking, bootlegging, machine politics, and pursuit of infinite wealth to the deregulation of the Reagan Revolution--undermining this nation's proud middle class and union members. She then brings us up to the present as she shines a light on the Clinton policies of political favors and personal enrichment and documents Trump's hydra-headed network of corruption, which aimed to systematically undo the Constitution and our laws. Ultimately and most importantly, Chayes reveals how corrupt systems are organized, how they enable bad actors to bend the rules so their crimes are covered legally, how they overtly determine the shape of our government, and how they affect all levels of society, especially when the corruption is overlooked and downplayed by the rich and well-educated.
Book Synopsis History of Greed by : David E. Y. Sarna
Download or read book History of Greed written by David E. Y. Sarna and published by John Wiley & Sons. This book was released on 2010-09-07 with total page 418 pages. Available in PDF, EPUB and Kindle. Book excerpt: The “greater fool” theory of economics states that it’s possible to make money by buying paper (securities), whether overvalued or not, and later, selling it at a profit because there will always be an even greater fool willing to pay the higher price. Many described in this book profited by peddling such worthless junk to foolish investors. But for some people—Bernie Madoff, Norman Hsu, Sholam Weiss, and “Crazie Eddie” Antar, aka the “Darth Vader of Capitalism”—overvalued securities were not enough. Outright fraud was their way of life. History of Greed is the compelling inside story of the names you know—Charles Ponzi, Baron Rothschild, Lou Pearlman—and the names you don’t—Isaac Le Maire, the world’s first “naked” short-seller. It’s also our story—why we ignore the lessons of the past and fall prey, most every time, to the promise of easy money. For thousands of years, alchemists unsuccessfully tried to turn worthless base metals into gold. Where science failed at turning nothing into something, business succeeded. Sometimes we praise the creators of derivatives, collateral debt obligations, subprime mortgages, credit default swaps, or auction rate securities as Wall Street’s new financial wizards, the creators of “magic paper.” Other times, we vilify and prosecute them as scam artists. Sometimes, it’s hard to tell who is who. History of Greed reveals the inside secrets of how the markets really work, and how scam artists abuse them to gain an unfair edge or to outright steal. It describes how luftgescheft (“air business”), wizardry, dishonesty, and fraud are used to swindle people. Along with a comprehensive bibliography, History of Greed also details: 400 years of financial fraud—from everyday fraud to the odd and unusual Accounting fraud (phantom sales), stock option fraud (backdating), auction rate securities, hedge fund fraud, Ponzi schemes, promotion fraud (pump-and-dump scams), and money laundering How to detect fraudulent schemes How government regulation only fixes yesterday’s problems If it’s too good to be true, it probably is. If they say you can’t lose, you probably will. History of Greed shows that there really is no such thing as a free lunch, while also detailing how not to become the “greater fool.”
Book Synopsis Gilded Age Richmond: Gaiety, Greed & Lost Cause Mania by : Brian Burns
Download or read book Gilded Age Richmond: Gaiety, Greed & Lost Cause Mania written by Brian Burns and published by Arcadia Publishing. This book was released on 2017 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: Author Brian Burns traces the history of the River City as it marched toward a new century. In the aftermath of the Civil War, Richmond entered the Gilded Age seeking bright prospects while struggling with its own past. It was an era marked by great technological change and ideological strife. During a labor convention in conservative Richmond, white supremacists prepared to enforce segregation at gunpoint. Progressives attempted to gain political power by unveiling a wondrous new marvel: Richmond's first electric streetcar. And handsome lawyer Thomas J. Cluverius was accused of murdering a pregnant woman and dumping her body in the city reservoir, sparking Richmond's trial of the century.
Book Synopsis When Greed Turns Deadly by : Dixie Murphy
Download or read book When Greed Turns Deadly written by Dixie Murphy and published by eBookIt.com. This book was released on 2012-07-10 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: The two women found dead in their beds had been executed. There was no robbery, no sexual motivation. The satanic writings and red candles found at the scene had been staged to throw investigators off track. The killer, or killers, just wanted the women dead! One of them, Betty Lou Gray, had been the primary target, while the other, a close friend, had simply been in the wrong place at the wrong time. From the beginning, the prime suspect had been Betty Lou's husband Bill. A dominating and controlling husband, he had kept his wife penniless and almost in bondage for 28 years until, finally, she'd had enough and asked for a divorce. The obvious motivation was money, a $250,000 life insurance policy, and with his wife dead there would be no splitting of assets in a divorce settlement. If he could succeed in hiding the insurance money and the pawnshop assets from his children, Bill Gray would become a rich man. It seemed an open and shut case, but it was not to be. In this true story, Dixie Murphy follows a trail of suspicion and intrigue, and reveals the virtually unprecedented means used to finally bring a murderer to justice.
Book Synopsis The Psychology of Money by : Morgan Housel
Download or read book The Psychology of Money written by Morgan Housel and published by Harriman House Limited. This book was released on 2020-09-08 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: Doing well with money isn’t necessarily about what you know. It’s about how you behave. And behavior is hard to teach, even to really smart people. Money—investing, personal finance, and business decisions—is typically taught as a math-based field, where data and formulas tell us exactly what to do. But in the real world people don’t make financial decisions on a spreadsheet. They make them at the dinner table, or in a meeting room, where personal history, your own unique view of the world, ego, pride, marketing, and odd incentives are scrambled together. In The Psychology of Money, award-winning author Morgan Housel shares 19 short stories exploring the strange ways people think about money and teaches you how to make better sense of one of life’s most important topics.
Book Synopsis Terror of Neoliberalism by : Henry A. Giroux
Download or read book Terror of Neoliberalism written by Henry A. Giroux and published by Routledge. This book was released on 2018-03-29 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book argues that neoliberalism is not simply an economic theory but also a set of values, ideologies, and practices that works more like a cultural field that is not only refiguring political and economic power, but eliminating the very categories of the social and political as essential elements of democratic life. Neoliberalism has become the most dangerous ideology of our time. Collapsing the link between corporate power and the state, neoliberalism is putting into place the conditions for a new kind of authoritarianism in which large sections of the population are increasingly denied the symbolic and economic capital necessary for engaged citizenship. Moreover, as corporate power gains a stranglehold on the media, the educational conditions necessary for a democracy are undermined as politics is reduced to a spectacle, essentially both depoliticizing politics and privatizing culture. This series addresses the relationship among culture, power, politics, and democratic struggles. Focusing on how culture offers opportunities that may expand and deepen the prospects for an inclusive democracy, it draws from struggles over the media, youth, political economy, workers, race, feminism, and more, highlighting how each offers a site of both resistance and transformation.
Download or read book Greed written by Robin Wasserman and published by Simon and Schuster. This book was released on 2007-07-10 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the year draws to an end, Miranda gets what she always wanted, Kane reforms his ways, Harper hopes to be prom queen, and Adam is busy tending to Beth who is thinking about leaving Reed.
Download or read book Greed Is Dead written by Paul Collier and published by Penguin UK. This book was released on 2020-07-30 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Two of the UK's leading economists call for an end to extreme individualism as the engine of prosperity 'provocative but thought-provoking and nuanced' Telegraph Throughout history, successful societies have created institutions which channel both competition and co-operation to achieve complex goals of general benefit. These institutions make the difference between societies that thrive and those paralyzed by discord, the difference between prosperous and poor economies. Such societies are pluralist but their pluralism is disciplined. Successful societies are also rare and fragile. We could not have built modernity without the exceptional competitive and co-operative instincts of humans, but in recent decades the balance between these instincts has become dangerously skewed: mutuality has been undermined by an extreme individualism which has weakened co-operation and polarized our politics. Collier and Kay show how a reaffirmation of the values of mutuality could refresh and restore politics, business and the environments in which people live. Politics could reverse the moves to extremism and tribalism; businesses could replace the greed that has degraded corporate culture; the communities and decaying places that are home to many could overcome despondency and again be prosperous and purposeful. As the world emerges from an unprecedented crisis we have the chance to examine society afresh and build a politics beyond individualism.
Book Synopsis Diamonds and Deadlines by : Betsy Prioleau
Download or read book Diamonds and Deadlines written by Betsy Prioleau and published by Abrams. This book was released on 2022-03-29 with total page 462 pages. Available in PDF, EPUB and Kindle. Book excerpt: Betsy Prioleau’s biography of Gilded Age female tycoon Miriam Leslie is “an appropriately twisty tale of someone trying to outrun her origins. . . . Her story sparkles, as intoxicating as a champagne fountain that somebody else is paying for” (New York Times Book Review). Among the fabled tycoons of the Gilded Age—Carnegie, Rockefeller, Vanderbilt—is a forgotten figure: Mrs. Frank Leslie. For 20 years she ran the country’s largest publishing company, Frank Leslie Publishing, which chronicled postbellum America in dozens of weeklies and monthlies. A pioneer in an all-male industry, she made a fortune and became a national celebrity and tastemaker in the process. But Miriam Leslie was also a byword for scandal: she flouted feminine convention, took lovers, married four times, and harbored unsavory secrets that she concealed through a skein of lies and multiple personas. Both during and after her lifetime, glimpses of the truth emerged, including an illegitimate birth and a checkered youth. Diamonds and Deadlines reveals the previously unknown, sensational life of the brilliant and brazen “empress of journalism,” who dropped a bombshell at her death: she left her entire multimillion-dollar estate to women’s suffrage—a never-equaled amount that guaranteed passage of the Nineteenth Amendment. In this dazzling biography, cultural historian Betsy Prioleau draws from diaries, genealogies, and published works to provide an intimate look at the life of one of the Gilded Age’s most complex, powerful women and unexpected feminist icons. Ultimately, Diamonds and Deadlines restores Mrs. Frank Leslie to her rightful place in history as a monumental businesswoman who presaged the feminist future and reflected, in bold relief, the Gilded Age, one of the most momentous, seismic, and vivid epochs in American history. Includes Black-and-White Images
Book Synopsis Greed, Sex, Intention by : Hannah Whittingham Marcus Veda
Download or read book Greed, Sex, Intention written by Hannah Whittingham Marcus Veda and published by . This book was released on 2018-03-16 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt: Greed, Sex, Intention is an attempt to make sense of the world through the increasingly popular lens of yoga. Returning to the ancient yogic text of The Yoga Sutras, two long-time yogis and part-time philosophers pull the yamas and niyamas - the ethical do's and the don't's - the greed, sex, abstinence and ego - into the 21st Century, and show how incredibly relevant a 3,000 year old self-help book can be. Greed, Sex, Intention is for the millions who are finding the next stage in their yoga practice, as well as those who have no interest in standing on their head, but are seeking ancient wisdom applied to modern life.
