
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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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.
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Создано выпускниками Колумбийского университета в Сан-Франциско
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Создано выпускниками Колумбийского университета в Сан-Франциско

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