He wrote "Other People's Money and How Bankers Use It" to warn the American people about the greedy bankers that control the United States and drive us into financial ruin. The book attacked the use of investment funds to promote the consolidation of various industries under the control of a small number of corporations, which Brandeis alleged were working in concert to prevent competition/5(62). Other People's Money and How the Bankers Use It is a collection of essays written by Louis Brandeis published as a book in The book attacked the use of investment funds to promote the consolidation of various industries under the control of a small number of corporations, which Brandeis alleged were working in concert to prevent www.doorway.ru by: Other People's Money and How the Bankers Use It: The Classic Exposure of Monetary Abuse by Banks, Trusts, Wall Street, and Predator Monopolies Louis Brandeis out of 5 stars /5(64).
Other People's Money and How the Bankers Use It is a collection of essays by Louis D. Brandeis that first appeared in Harper's Weekly between Novem and Janu and published in book form in Other People's Money takes to task the small cadre of investment bankers led by J.P. Morgan Co. and known as the "Money Trust", who would treat an ordinary person's. This edition includes a modern introduction and a list of suggested further reading. There are few indictments of the American banking system as searing as Other People's Money and How the Bankers Use It, written by Louis D. Brandeis in Long considered one of the major muckraking exposés of the Progressive period, it still speaks powerfully to our own times. The Louis D. Brandeis Collection ; OTHER PEOPLE'S MONEY - CHAPTER VIII; The bankers received commissions for underwriting the securities issued to raise the money with which to buy the stocks which the Supreme Court holds to have been illegally acquired, and have retained them. The bankers received commissions paid for floating.
Other people's money, and how the bankers use it. While Louis D. Brandeis's series of articles on the money trust was running in Harper's Weekly many inquiries came about publication in more accessible permanent form. Even without such urgency through the mail, however, it would have been clear that these articles inevitably constituted a book, since they embodied an analysis and a narrative by that mind which, on the great industrial movements of our era, is the most expert in the United. In , the articles were collected in book form and published under the title Other People's Money--and How the Bankers Use It. Brandeis' central thesis was that the large banking houses were colluding with businessmen to create trusts in America's major industries. Brandeis felt that not only did trusts stifle competition, but also they became so large that they became unable to operate efficiently. In Other People's Money, Brandeis lays out his argument against the banks and Wall Street. Brandeis claims that a small number of bankers use the people's own money deposits as the basis to control industry and finance. This power is then used to create non-competitive oligarchies that stifle creativity, competition and thus lower prices.
0コメント