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The Mormon Hierarchy: Wealth and Corporate Power (Volume 3) Hardcover – August 1, 2017

4.2 4.2 out of 5 stars 39 ratings

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Early in the twentieth century, it was possible for Latter-day Saints to have lifelong associations with businesses managed by their leaders or owned and controlled by the church itself. For example, one could purchase engagement rings from Daynes Jewelry, honeymoon at the Hotel Utah, and venture off on the Union Pacific Railroad, all partially owned and run by church apostles.

Families could buy clothes at Knight Woolen Mills. The husband might work at Big Indian Copper or Bullion-Beck, Gold Chain, or Iron King mining companies. The wife could shop at Utah Cereal Food and buy sugar supplied by Amalgamated or U and I Sugar, beef from Nevada Land and Livestock, and vegetables from the Growers Market. They might take their groceries home in parcels from Utah Bag Co. They probably read the Deseret News at home under a lamp plugged into a Utah Power and Light circuit. They could take out a loan from Zion’s Co-operative and insurance from Utah Home and Fire.

The apostles had a long history of community involvement in financial enterprises to the benefit of the general membership and their own economic advantage. This volume is the result of the author’s years of research into LDS financial dominance from 1830 to 2010.

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Editorial Reviews

About the Author

D. Michael Quinn (Ph.D., Yale University) might be characterized as the elder statesman of Mormon history. He is the author of several seminal books and articles that have received awards from the American Historical Association, John Whitmer Historical Association, and Mormon History Association.

Product details

  • Publisher ‏ : ‎ Signature Books; First Edition (August 1, 2017)
  • Language ‏ : ‎ English
  • Hardcover ‏ : ‎ 600 pages
  • ISBN-10 ‏ : ‎ 1560852356
  • ISBN-13 ‏ : ‎ 978-1560852353
  • Item Weight ‏ : ‎ 2.15 pounds
  • Dimensions ‏ : ‎ 6.25 x 1.4 x 9.25 inches
  • Customer Reviews:
    4.2 4.2 out of 5 stars 39 ratings

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Customer reviews

4.2 out of 5 stars
4.2 out of 5
39 global ratings

Top reviews from the United States

Reviewed in the United States on December 9, 2017
Michael Quinn is probably the foremost researcher and truthful historian on facts, history, and origins of the LDS Church (The Church of Jesus Christ of Latter Day Saints). This book reveals many of the financial doings of this very secretive church.

The book was long-awaited by many thousands of members of the church, and by many thousands of former members. It reveals some financial doings of local church units or specific operations. Sadly, it does not reveal the financial operations that generated the multitude of commercial enterprises the church owns, such as a large mall in Salt Lake City, a commercial building in Texas, and significant land holdings in Florida and other states. Members are badgered to clean church buildings, which are rapidly falling into disrepair, and local congregations are led by unpaid and untrained clergy. However, although the church claims nobody is paid, the highest leaders of the church earn six figures a year plus benefits.

Of note to people who are curious about the Mormon Church: The church requires a "full tithe" (interpreted to mean 10% of your annual income) in order to get the "highest blessings" the church claims to offer. Among those "blessings" are promises the church makes that you will be with your loved ones in eternity, yet the church ignores the fact that ALL Christian churches have this belief. The LDS claims to have exclusive rights to bestow this blessing.

This book is one of many books by various authors that sheds light on why it is often called a cult and is often compared to Scientology.
2 people found this helpful
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Reviewed in the United States on March 26, 2019
Quinn has a stellar academic reputation and stellar credibility. What we learn (again) in this history is that the GAs are just human (as apologists are quick to declare), but too much so given what they are incessantly declaring as their "calling from God." They need to (especially given the information revealed--double entendre--by this book) stop pushing their piety and closeness to God and increase their transparency. In that way, maybe, I will agree that they are, "worthy of their hire." They were warned by JS way back in section 121: "We have learned by sad experience that it is the nature and disposition of almost all men, as soon as they get a little authority, as they suppose, they will immediately begin to exercise unrighteous dominion."
6 people found this helpful
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Reviewed in the United States on May 22, 2018
D. Michael Quinn is one of the best, if not THE best, Mormon historians. His books are all insightful, exhaustive, fascinating, and incredibly sourced. This new book is part of a trilogy began in the 90s. This book concerns itself with finances and business aspect of the church.

Quinn has been studying this subject since the 1970s, and has much information that is no longer available to the public, including interviews with people no longer living that had first hand knowledge of the church and its money. There are many charts and tables with conservative estimates of tithing and other expenditures and profits.

This is as complete and accurate as the subject matter can currently be known. The church dies not discuss its financial matters, and records are not readily accessible. But Quinn has checked what can be checked and provides much insight as well as listing deficiencies. He's a very honest and unbiased historian which is what is needed when it comes to religion.

The book runs approximately 600 pages. Much of this appendices, including all known businesses General Authorities have been involved in. There is a lengthy index as well as extensive footnotes for each chapter. The book gives the numbers from the time period it is discussing (such as Brigham Young's estate at the time of his of death in 1877), as well as those same numbers in 2010 dollars. This book covers the church from its beginnings to 2010. Much of the information is about the 1800s and early 1900s, but there is key info for the 1980s, 1990s, and 2000s. There are recent tax records from various countries such as Canada and New Zealand. An explanation is provided about what taxes the church pays.

I hope we see more from Quinn. He has books about other unique aspects of the church such as the world view of 19th Century people, and the church's attitude about homosexuals on the 19th Century. It may surprise you to know that there were prominent gay Mormons, including leaders, back in the day.
11 people found this helpful
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Reviewed in the United States on November 22, 2017
The book was interesting. It only covered up to about 1970 and two thirds of the book was notes and sources. If you have desires to know how the Church is financed for the last fifty years this book is not it.
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Reviewed in the United States on December 19, 2017
Well, everyone has an opinion. This book demonstrates that the LDS Church has great financial wealth, as opposed to its earlier years when it was destitute. Church buildings and temples are paid for, in most cases, before they are built. Interesting.
2 people found this helpful
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Reviewed in the United States on October 22, 2017
Thoroughly researched and carefully edited. The first three chapters are a narrative history that relies on the data presented in the following 21 appendixes. Quinn's assessment of finances and corporate interests within the LDS Church is ultimately charitable and complimentary.
5 people found this helpful
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Reviewed in the United States on February 17, 2018
I think this book began with an earnest and interesting quest to pry the lid off of LDS Church finances. As excellent a researcher as Quinn is, even he has quite failed to shed any light on contemporary church finances. He hits it pretty good pre-1960.
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Reviewed in the United States on November 15, 2017
Excellent read. Objective treatment. Like a historian rather than an agenda.
6 people found this helpful
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