The Lords of Creation book cover

The Lords of Creation by Frederick Lewis Allen Summary

The Lords of Creation
Frederick Lewis Allen
4.15 (329 Reviews)
History
Economics
Business
Aperçu
Points Clés
Auteur
Questions Fréquentes

Overview of The Lords of Creation

Written during the Great Depression, "The Lords of Creation" exposes how America's elite built financial empires that crashed in 1929. Allen's prescient analysis of wealth inequality still resonates today - a chilling reminder that history's economic cycles keep repeating.

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Points clés

1

When Titans Walked Wall Street

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A private dinner in December 1900 changed everything. At New York's University Club, J.P. Morgan sat beside Charles Schwab, listening as the young steel executive painted a vision so compelling that Morgan decided to create U.S. Steel-a corporation that would reshape American economic life for decades. This wasn't just another business deal. It marked the beginning of an extraordinary era when a handful of men wielded more power than most governments, when financial empires rose and fell with dizzying speed, and when the very nature of American capitalism transformed beyond recognition. The timing was perfect: prosperity had returned after the 1893 depression, McKinley's business-friendly administration provided stability, and America stood poised to enter a new century of unprecedented wealth concentration.

2

The Architecture of Empire

3

The Battle That Shook Wall Street

4

The Paradox of Pious Power

5

Morgan's Finest Hour and the Seeds of Reform

6

The Money Trust Exposed

7

The Crash and the New Deal

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"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."

@Matt, YC alum
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108

"Reading used to feel like a chore. Now it’s just part of my lifestyle."

@Erin, Investment Banking Associate , NYC
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254
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17

"Feels effortless compared to reading. I’ve finished 6 books this month already."

@djmikemoore
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"BeFreed turned my guilty doomscrolling into something that feels productive and inspiring."

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"BeFreed turned my commute into learning time. 20-min podcasts are perfect for finishing books I never had time for."

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