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Moneychangers
In this fictional account of the events and the key players involved in the Wall Street panic of 1907, the famous author of The Jungle depicts the glittering society of New York's fabulously wealthy, for whom money is not the object of existence, just the means of wielding power. In the midst of the alluring lifestyle of the high rollers, with their debutante balls, sumptu...more
Paperback, 220 pages
Published
April 20th 2001
by Prometheus Books
(first published 1919)
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For being a book that is almost impossible to find, it's disturbingly appropriate for what is going on in the economy today. Rather than delving into the lives of immigrants and slaughtering critters - this book follows the uppercrust on Wall Street through the stockmarket crash in the early 1900's.
Sinclair's characters are tragic, as always - but it is what is going on in this book that is so interesting. The motives and the greed, and the power struggle that finally leads to a st...more
Sinclair's characters are tragic, as always - but it is what is going on in this book that is so interesting. The motives and the greed, and the power struggle that finally leads to a st...more
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What a powerful book based on the Panic of 1907. It is a well written quick read, and something I would have expected from Sinclair.
I'm not a banker, nor am I into high finance, but I understood the situation as it progressed through the pages. I went a time or two to research history to see if I could place real people into the characters, and I discovered soon enough that the President was, of course, Teddy Roosevelt and the major financier who "saved" the banks was J...more
I'm not a banker, nor am I into high finance, but I understood the situation as it progressed through the pages. I went a time or two to research history to see if I could place real people into the characters, and I discovered soon enough that the President was, of course, Teddy Roosevelt and the major financier who "saved" the banks was J...more
I find it chilling that the peril of institutions that could be both too big to fail and driven to ruin by disingenuous wreckers was known exactly 100 years prior to the bubble burst of 2008. The Moneychangers is eerie in its similarity to the economic snap that began the so called Great Recession. But it is not perfectly prophetic. Sinclair's target in 1908 was the trusts. In some ways these were the same robber barons as today, but the dynamic has notable differences. Sinclair's panic has a cl...more
Tenth of public-domain classics I never read from Project Gutenberg read on my iPod using iBooks software.
Lots of over-the-top descriptions of the obscenely rich New York Titans of
Oil, Steel, and Insurance circa 1908, as seen through the eyes of a lawyer with a conscience who enters their world. A sequel to The Metropolis.
Lots of over-the-top descriptions of the obscenely rich New York Titans of
Oil, Steel, and Insurance circa 1908, as seen through the eyes of a lawyer with a conscience who enters their world. A sequel to The Metropolis.
Unlike the Jungle & Oil, this book was much shorter and focused solely on those on the financial top. Sinclair tried to cram a lot of financial tricks/schemes into under 200 pages while spending little time with his characters (and there are a lot) so you never get invested into the story. BUT and book written in 1908 and calls the Crash is worth something. Bottom line, not much has changed in the world of high finance.
This book is so prophetic!
If you only changed nthe style of clothes, the formal way of talking then and called all the coaches, taxis, this book would be perfect for today.The shenanigans this CEO's of large corporations play where the littel guy lose all but the scoundral that started it all gets to resign with millions while tax dollars bail them out so they can give themselves more bonuses. Guess things never really change.
If you only changed nthe style of clothes, the formal way of talking then and called all the coaches, taxis, this book would be perfect for today.The shenanigans this CEO's of large corporations play where the littel guy lose all but the scoundral that started it all gets to resign with millions while tax dollars bail them out so they can give themselves more bonuses. Guess things never really change.
Sinclair's critique of Wall Street is as relevant today as when it was written in 1919.
I have this book in my iBooks library for iPhone and read it with all of my otherwise will be wasted waiting time. It's so very smooth to read. I don't know a whole lot about finance but it wasn't an obstacle to prevent me from understanding the story. And it got me very interested in knowing more about it.
Like "Oil." Only not yet a movie. And with flapper type characters, set in 1907, pre-Wall Street Crash but with equal amounts of portent. A quintessentially American novel. Or something. I'm only on page 2. And it's already making me smoke...which means it's good.
meh. not that great. again, i really need half stars. i'd have given this a 2.5.
... but have no desire to finish reading ...
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Prolific American author who wrote over 90 books in many genres and was widely considered to be one of the best investigators advocating socialist views and supporting anarchist causes, he achieved considerable popularity in the first half of the 20th century.
He gained particular fame for his novel, The Jungle (1906), which dealt with conditions in the U.S. meat packing industry and c...more
More about Upton Sinclair...
He gained particular fame for his novel, The Jungle (1906), which dealt with conditions in the U.S. meat packing industry and c...more
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