Best Americana: A 400-Year History of American Capitalism By Bhu Srinivasan

Best Americana: A 400-Year History of American Capitalism By Bhu Srinivasan

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Americana: A 400-Year History of American Capitalism-Bhu Srinivasan

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An absorbing and original narrative history of American capitalismNAMED A BEST BOOK OF 2017 BY THE ECONOMISTFrom the days of the Mayflower and the Virginia Company, America has been a place for people to dream, invent, build, tinker, and bet the farm in pursuit of a better life. Americana takes us on a four-hundred-year journey of this spirit of innovation and ambition through a series of Next Big Things -- the inventions, techniques, and industries that drove American history forward: from the telegraph, the railroad, guns, radio, and banking to flight, suburbia, and sneakers, culminating with the Internet and mobile technology at the turn of the twenty-first century. The result is a thrilling alternative history of modern America that reframes events, trends, and people we thought we knew through the prism of the value that, for better or for worse, this nation holds dearest: capitalism. In a winning, accessible style, Bhu Srinivasan boldly takes on four centuries of American enterprise, revealing the unexpected connections that link them. We learn how Andrew Carnegie's early job as a telegraph messenger boy paved the way for his leadership of the steel empire that would make him one of the nation's richest men; how the gunmaker Remington reinvented itself in the postwar years to sell typewriters; how the inner workings of the Mafia mirrored the trend of consolidation and regulation in more traditional business; and how a 1950s infrastructure bill triggered a series of events that produced one of America's most enduring brands: KFC. Reliving the heady early days of Silicon Valley, we are reminded that the start-up is an idea as old as America itself.Entertaining, eye-opening, and sweeping in its reach, Americana is an exhilarating new work of narrative history.

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The author makes several mistakes that makes what could have been an authoritative text on the subject fall into “pop history”. The primary and most glaring issue is that it appears he came to his conclusion first (goverment helped build the market in America) then found the facts to support it. He strains at times to try and fit the facts into his thesis, and fails several times. Most notably in the chapter regarding the oil industry, where he couldn’t find any government assistance, he pointed to the weak fact that the teamsters that transport the barrels of oil used roads that were built by the government. As if the roads were not already there, the companies would have sat on the oil until the government came around to build them for them. News flash: if the roads weren’t there, they would have built them themselves.
Original view, easy-to-read, well researched and appropriate for both buff and novice. There have been several books written on the commerce & economic history of the U.S. This book says commerce & economics weren't a part of the history, but caused the history of the U.S. to be as it was. Srinivasan does it cleverly by breaking out different aspects of commerce as singular chapters and then shows how history is the cloth that was woven out of these aspects, rather than the other way around. The author tells this tale in a very readable fashion.This is not an academic treatise, even as the bibliography shows that the research is extensive and well sourced Srinivasan was able to look at old research with new eyes. The author brings to life many facts that have been forgotten, overlooked or ignored over the years and places them in a well conceived and executed framework.I believe one of the reasons for the well-told story is because the author is an immigrant. He looks at America and the American narrative with new eyes and without the baggage some of us carry that slants our interpretation of history. All in all, this is one of the best histories I’ve ever read.

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