MARC Record from marc_columbia

LEADER: 05461cam a2200769 i 4500
001 14386957
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006 m o d
007 cr cnu---unuuu
008 190725s2019 ilu ob 001 0 eng d
035 $a(OCoLC)on1110108152
035 $a(NNC)14386957
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024 7 $a10.7208/9780226636474$2doi
035 $a(OCoLC)1110108152$z(OCoLC)1229162042$z(OCoLC)1257380639$z(OCoLC)1264047015
037 $aDE399B1B-8F2F-48EB-8945-1AC1F8B2405F$bOverDrive, Inc.$nhttp://www.overdrive.com
043 $an-us---
050 4 $aHG2481$b.S49 2019eb
072 7 $aHIS000000$2bisacsh
082 04 $a332.10973$223
049 $aZCUA
100 1 $aShaw, Christopher W.,$eauthor.
245 10 $aMoney, power, and the people :$bthe American struggle to make banking democratic /$cChristopher W. Shaw.
264 1 $aChicago :$bThe University of Chicago Press,$c2019.
300 $a1 online resource (v, 410 pages)
336 $atext$btxt$2rdacontent
337 $acomputer$bc$2rdamedia
338 $aonline resource$bcr$2rdacarrier
347 $atext file
347 $bPDF
588 0 $aOnline resource; title from PDF title page (EBSCO, viewed July 25, 2019).
504 $aIncludes bibliographical references and index.
505 0 $aThe bankers' panic of 1907 -- The Emergency Currency Act -- Financial heterodoxy gains ground -- Central banking and agricultural credit -- From armistice to depression -- The 1930s banking crisis -- The Emergency Banking Act -- The Banking Act of 1933 -- Government programs and mutual aid -- The New Deal for farmers and workers -- The Banking Act of 1935 -- The decline of banking politics -- The fall of banking politics -- Epilogue.
520 $aBanks and bankers are hardly the most beloved institutions and people in this country. With its corruptive influence on politics and stranglehold on the American economy, Wall Street is held in high regard by few outside the financial sector. But the pitchforks raised against this behemoth are largely rhetorical: we rarely see riots in the streets or public demands for an equitable and democratic banking system that result in serious national changes. Yet the situation was vastly different a century ago, as Christopher W. Shaw shows. This book upends the conventional thinking that financial policy in the early twentieth century was set primarily by the needs and demands of bankers. Shaw shows that banking and politics were directly shaped by the literal and symbolic investments of the grassroots. This engagement remade financial institutions and the national economy, through populist pressure and the establishment of federal regulatory programs and agencies like the Farm Credit System and the Federal Deposit Insurance Corporation. Shaw reveals the surprising groundswell behind seemingly arcane legislation, as well as the power of the people to demand serious political repercussions for the banks that caused the Great Depression. One result of this sustained interest and pressure was legislation and regulation that brought on a long period of relative financial stability, with a reduced frequency of economic booms and busts. Ironically, this stability led to the decline of the very banking politics that brought it about. Giving voice to a broad swath of American figures, including workers, farmers, politicians, and bankers alike, Money, Power, and the People recasts our understanding of what might be possible in balancing the needs of the people with those of their financial institutions.
546 $aIn English.
650 0 $aBanks and banking$xSocial aspects$zUnited States.
650 0 $aBanks and banking$zUnited States$xCitizen participation.
650 0 $aBanks and banking$xGovernment policy$zUnited States$xHistory$y20th century.
650 0 $aBanks and banking$zUnited States$xHistory$y20th century.
650 6 $aBanques$zÉtats-Unis$xParticipation des citoyens.
650 6 $aBanques$zÉtats-Unis$xHistoire$y20e siècle.
650 7 $aHISTORY$xGeneral.$2bisacsh
650 7 $aBanks and banking.$2fast$0(OCoLC)fst00826867
650 7 $aBanks and banking$xGovernment policy.$2fast$0(OCoLC)fst00826934
650 7 $aBanks and banking$xSocial aspects.$2fast$0(OCoLC)fst00826990
651 7 $aUnited States.$2fast$0(OCoLC)fst01204155
650 7 $a20th century, c 1900 to c 1999.$2thema
650 7 $aBanking.$2thema
650 7 $aHistory.$2thema
650 7 $aHistory of the Americas.$2thema
650 7 $aPolitical economy.$2thema
650 7 $aPolitics & government.$2thema
650 7 $aUnited States of America, USA.$2thema
650 7 $aHistory.$2ukslc
648 7 $a1900-1999$2fast
655 4 $aElectronic books.
655 7 $aHistory.$2fast$0(OCoLC)fst01411628
776 08 $iPrint version:$aShaw, Christopher W.$tMoney, power, and the people.$dChicago : The University of Chicago Press, 2019$w(DLC) 2018059623
856 40 $uhttp://www.columbia.edu/cgi-bin/cul/resolve?clio14386957$zAll EBSCO eBooks
852 8 $blweb$hEBOOKS