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Product details
File Size: 2056 KB
Print Length: 393 pages
Page Numbers Source ISBN: 0805081348
Publisher: Times Books; First edition (October 3, 2006)
Publication Date: October 3, 2006
Sold by: Amazon Digital Services LLC
Language: English
ASIN: B003JH86HU
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Amazon Best Sellers Rank:
#76,461 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
Charles Morris’s The Tycoons gives a good account of how the 19th century tycoon came into power. Charles Morris has a different view of the entrepreneur Carnegie, John D. Rockefeller, Jay Gould and J.P. Morgan, and gives supporting facts about each entrepreneur’s character.The opening is a bit surprising because Morris does not mention the four characters that are in the subtitle. The book starts with the United States surpasses Britain in the world economy by mechanization and automation. The story of the tycoons begins in chapter three and does not have any connection to the first two chapters. Some chapters stray away from the four tycoons, but are still very interesting. The title of the book should be different because Morris writes about more than just the 19th century tycoon. This is not an easy read, and some of the analogies are out of place and do not make any sense. Overall Morris’s The Tycoons gives interesting history of how the United States because a world economic super power.
The thing that makes this book especially useful is that the author weaves their stories into a general analysis of the dramatic changes that took place in the US economy, particularly in the second half of the 19th century. After the Civil War the US became a leading manufacturer, surpassing anything to be found in Europe, and these men had important roles in this process. Three of the four came from humble origins, while JP Morgan's father had already become an importasnt figure in the banking industry. Jay Gould, who was primarily a railroad man, was able to outsmart Cornelius Vanderbilt, the US' first tycoon and not covered in the book,, at times when the latter was being helped by Morgan. These are key players in forming the United States into what it became in the 20th century. A very interesting read!!
This was an excellent book. I really liked it because it put so many things into perspective, what was happening at the same time globally and how what these guys did really impacted the globe, not just the US. I highly recommend this book to anyone who wants a detail and global impact to get the broader picture.
This is a very interesting book full of meaningful facts and interesting anecdotes,unfortunately the organization of presentation is less than would be ideal.There are ,for example too many instances where you have an understanding of a situation that could have been possible earlier in the narrative had the information been related in a more suitable sequence.Overall I liked the book and feel it gave me a good overview of the subjects.
I loved this book. Very well researched. Combines major economic trends from the time, technological innovation that sprung from American culture and how these affected the lives of the tycoons while their life interconnected each other.Superb work. Very well written.
I purchased the book, The Tycoons, because I have been fascinated with each of the 4 detailed in this surprisingly interesting book. The author goes into great detail how each worked his magic, but the really interesting part for me is that he thoroughly paints for the reader all of the small details of that period that made the advancement of the 4 possible. His descriptions of the background information is so very thorough and is an easy read with much substance. Interestingly, comparisons of then and now are very real and make the time of the tycoons quite a contrast with our current political and economic environment. I have read the extensive histories of Vanderbilt, Rockefeller and others. This book puts them in a context that is very understandable. A very surprising and enjoyable read. I'm even getting my wife to consider the read even tho she's not so much a history buff.
Superior scholarship went into the writing of this book. Too often the Reconstruction Era is reduced to the social evils visited upon the ex-slaves in a post-war South. Reconstruction includes the plight of blacks in the South, but also the rise of capitalism, industrialization, urbanization, organized labor, and the ingenuity of American inventors which hastened the country's progress into the Gilded Age. We cannot ignore the conquering of the West / final solution for Native Americans, and the solidification of the power of the central / Federal government ( both legislative and executive branches) over state governments. It can be argued that in the Jim Crow South States rights primacy lingered on into the 20th century, however the story of this book is the story of steel, oil, banking, and railroad industries all converging into making America very much feared by foreign competitors in Europe. Carnegie, Rockefeller, Gould, and JP Morgan were ruthless tycoons, yes, and the average worker and small business person concerns were often crushed by their monopolistic practices, including blatant market and currency manipulations. The passage of Interstate Commerce legislation and Sherman Anti-Trust Act, and the progressive anti-monopoly rhetoric of Prez Teddy Roosevelt are not part of this story (that was later) but those subjects are worth looking into. Some of this book's contents are technical when it comes to marketing ploys and manipulations: I can't pretend I understood all the maneuvers by the tycoons but that is likely a strong testament to their success. Lastly we need to remember that these tycoons were guided by the Darwinistic "survival of the fittest" mentality of that period. WHATEVER it took to succeed warranted the actions taken, the tycoons argued. Were the tycoons alive today they would still insist their actions were for the betterment of American progress in a ruthless late 19th century world. (Rockefeller was purportely a devout Christian). And ultimately the American worker benefited by the actions of the tycoons, they themselves would contend. Many of us today would conclude the carnage the tycoons wreaked for their own individual profit resulted in American global primacy before, during, and in the aftermath of WWI. In other words, you have to view history in the long term, not just the immediate cause and effect. The debate, in many ways, continues today. Read this book. It's good. RH
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