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Wall Street, Banks, and American Foreign Policy

4.23  ·  Rating Details  ·  48 Ratings  ·  6 Reviews

This firey monograph shows a side of Murray Rothbard not seen in his theoretical treatise: his ability to employ "power elite" analysis to understand the relationship between money, power, and war.

Rather than allow the left to dominate this approach to history, Rothbard shows how wealthy elites are only able to manipulate world affairs via their connection to state power.

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Paperback, 106 pages
Published May 3rd 2011 by Ludwig von Mises Institute (first published 1984)
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Mike Fox
May 04, 2013 Mike Fox rated it it was amazing
A fascinating account of 100 years of US history where Rothbard names all the names of the power elite, their ties to the Morgan and Rockefeller factions, and their influence on American foreign policy. "World War II might therefore be considered, from one point of view, as a coalition war: the Morgans got their war in Europe, the Rockefellers theirs in Asia." I literally had no idea. Revisionist history at its best.
Bob Bingham
May 06, 2014 Bob Bingham rated it it was amazing
Anyone interested in the interlocking of corporatism, politics, and war profiteering in post Civil War America would benefit from this brief but trenchant book. It takes the reader through the mid 1980s, so does not include Somalia, Iraq, Afghanistan, Libya, etc. but things haven't changed. Each generation of evil and corrupt men in high places is replaced by a new one.
Brad Harris
Jul 27, 2015 Brad Harris rated it liked it
Let me say first that this book is free at Mises.org, and I read it as part of a class on Murray Rothbard at Mises Academy. Half of this book is about the influence that the bankers have had on the politics and foreign policy of our nation. the other half is simply list of the numerous government officials who were connected with the banking and financial industry. Although it's not the most enjoyable read, it is eye opening. If simply the working history of everyone mentioned in the book is tru ...more
Christopher Goins
Dec 31, 2015 Christopher Goins rated it really liked it  ·  review of another edition
Good. Heavy on listing who is connected with whom (So and so was a board member of J.P. Morgan and also a key member of Eisenhower administration). That get's boring.

Nonetheless, Rothbard's work shows that the banking interests have always been at work in U.S. foreign policy. Think of American foreign policy as a white styrofoam plate and J.P. Morgan Chase, the Trilateral Commission, and the Council of Foreign Relations as little kids each with their own plate. Now imagine these kids with paint
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Keith
Dec 11, 2014 Keith rated it really liked it
Very informative regarding the connections politicians and other individuals in power have to banks and other institutions.
The Duchess
Jun 19, 2012 The Duchess rated it it was amazing
The introduction by Anthony Gregory in the 2011 version is worth the .pdf download alone.
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Murray Newton Rothbard was an influential American historian, natural law theorist and economist of the Austrian School who helped define modern libertarianism. Rothbard took the Austrian School's emphasis on spontaneous order and condemnation of central planning to an individualist anarchist conclusion, which he termed "anarcho-capitalism".

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