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From one of America’s leading intellectuals comes a sweeping and original work of economic history, recounting the epic story of America’s rise to become the world’s dominant economy.
In Land of Promise, bestselling author Michael Lind provides a groundbreaking account of how a weak collection of former British colonies became an industrial, financial, and military colossus. From the eighteenth to the twenty-first centuries, the American economy has been transformed by wave after wave of emerging technology: the steam engine, electricity, the internal combustion engine, computer technology. Yet technology-driven change leads to growing misalignment between an innovative economy and anachronistic legal and political structures until the gap is closed by the modernization of America's institutions—often amid upheavals such as the Civil War and Reconstruction and the Great Depression and World War II.
Against the dramatic backdrop of shattering tides of change, Land of Promise portrays the struggles and achievements of inventors like Thomas Edison and Samuel Morse; entrepreneurs like Henry Ford, John D. Rockefeller, Andrew Carnegie, Bill Gates, and Steve Jobs; financiers like J. P. Morgan; visionary political leaders like Henry Clay and Franklin Roosevelt; and dynamic policy makers like Alexander Hamilton and Vannevar Bush. Larger-than-life figures such as these share the stage with the ordinary Americans who built a superpower, from midwestern farmers, southern slaves, and the immigrants who created canals and railroads to the sisters of Rosie the Riveter, whose labor in factories during World War II helped to end Hitler's dream of world domination.
When the U.S. economy has flourished, Lind argues, government and business, labor and universities, have worked together as partners in a never-ending project of economic nation building. As the United States struggles to emerge from the Great Recession, Land of Promise demonstrates that Americans, since the earliest days of the republic, have reinvented the American economy—and have the power to do so again.
There was material covered in this book that was new to me. I enjoyed the different angle from which they approached the history of this country. Read morePublished 1 month ago by Retta
This book will dispeal alot of misinformation about America.Published 2 months ago by Vincent S. Garcia
This is a very good book. However, any reader should have already read and understood other histories of the U.S. prior to reading this economic history. Read morePublished 4 months ago by spudweasel
This is an excellent book, but not an easy read. It took me four starts to work my way through it. There is a great deal of information, some of it new, a lot of it looked at in a... Read morePublished 8 months ago by lyndonbrecht
A useful book for anyone who teaches American History. It leans a little left but not the degree that it distorts facts.Published 9 months ago by Paul D. Tremel
Michael Lind elegantly traces the economic history of the United States from: first a republic that rejected feudalism in favor of yeoman farmers, to second a republic that... Read morePublished 9 months ago by Steven Clarke
Should be required reading for all. Most folks have never been presented with this informed information.Published 10 months ago by Fisher100
I found the book enlightening and informative. The writer is obviously pretty liberal, but I really didn't find myself disagreeing with him very much. Read morePublished 11 months ago by Dan Groscost