Everybody Ought to Be Rich

Released on by David Farber
preview-18

  • Everybody Ought to Be Rich Book Detail

  • Author : David Farber
  • Release Date : 2013-04-18
  • Publisher : Oxford University Press
  • Genre : History
  • Pages : 376
  • ISBN 13 : 0199908516
  • File Size : 69,69 MB
DOWNLOAD BOOK

Everybody Ought to Be Rich by David Farber PDF Summary

Book Description: Today, consumer credit, employee stock options, and citizen investment in the stock market are taken for granted--fundamental facts of American economic life. But few people realize that they were first widely promoted by John Jakob Raskob (1879-1950), the innovative financier and self-made businessman who built the Empire State building, made millions for DuPont and General Motors, and helped shape the contours of modern capitalism. David Farber's Everybody Ought to Be Rich is the first biography of Raskob, a man who shunned the limelight (he was the anti-Trump of his time) but whose impact on free market enterprise can hardly be overstated. A colorful figure, Raskob's life evokes the roaring twenties, the Catholic elite, the boardrooms of America's biggest corporations, and the rags-to-riches tale that is central to the American dream. Farber follows Raskob's remarkable trajectory from a teenage candy seller on the railway between Lockport and Buffalo to the pinnacles of wealth and power. With no formal education but possessed of a boundless energy and an unshakeable faith in individual initiative (his motto was "Go ahead and do something!"), Raskob partnered with great industrialists and financiers, buying up companies, leveraging investments, reorganizing corporations, funneling money into the political system, and creating new pools of credit for rich investors and middle class consumers alike--practices commonplace today but revolutionary at the time. His most famous innovation was mass consumer credit, which he offered to individual car buyers, enabling working and middle-class Americans to purchase GM's more expensive cars. Raskob desperately wanted to bridge class divides and to share the wealth American corporations were fast creating--so that everyone could be rich. Chronicling Raskob's short-comings as well as his successes, Everybody Ought to Be Rich illuminates a crucial but little-known figure in American capitalism whose influence can still be felt today.

Disclaimer: www.yourbookbest.com does not own Everybody Ought to Be Rich books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

Everybody Ought to Be Rich

Everybody Ought to Be Rich

File Size : 59,59 MB
Total View : 1264 Views
DOWNLOAD

Today, consumer credit, employee stock options, and citizen investment in the stock market are taken for granted--fundamental facts of American economic life. B

Everybody Ought to Be Rich

Everybody Ought to Be Rich

File Size : 81,81 MB
Total View : 1304 Views
DOWNLOAD

The extraordinary life and times of a colorful capitalist who invented the idea of consumer credit.

Everybody Ought to be Rich

Everybody Ought to be Rich

File Size : 21,21 MB
Total View : 6694 Views
DOWNLOAD

John Raskob is not a name that looms large but his greatest building casts a shadow on the people of New York every day. Financier of the Empire State Building,

Black Tuesday

Black Tuesday

File Size : 3,3 MB
Total View : 9134 Views
DOWNLOAD

An exploration of the causes and effects of the stock market crash of 1929.

The Great Crash 1929

The Great Crash 1929

File Size : 69,69 MB
Total View : 2128 Views
DOWNLOAD

The classic examination of the 1929 financial collapse, with an introduction by economist James K. Galbraith Of John Kenneth Galbraith's The Great Crash 1929, t