Transaction Man Transaction Man

Transaction Man

    • $19.99

    • $19.99

Publisher Description

This program includes a prologue and epilogue read by the author.

Over the last generation, the United States has undergone seismic changes. Stable institutions have given way to frictionless transactions, which are celebrated no matter what collateral damage they generate. The concentration of great wealth has coincided with the fraying of social ties and the rise of inequality. How did all this come about?

In Transaction Man, Nicholas Lemann explains the United States’—and the world’s—great transformation by examining three remarkable individuals who epitomized and helped create their eras. Adolf Berle, Franklin Delano Roosevelt’s chief theorist of the economy, imagined a society dominated by large corporations, which a newly powerful federal government had forced to become benign and stable institutions, contributing to the public good by offering stable employment and generous pensions. By the 1970s, the corporations’ large stockholders grew restive under this regime, and their chief theoretician, Harvard Business School’s Michael Jensen, insisted that firms should maximize shareholder value, whatever the consequences. Today, Silicon Valley titans such as the LinkedIn cofounder and venture capitalist Reid Hoffman hope “networks” can reknit our social fabric.

Lemann interweaves these fresh and vivid profiles with a history of the Morgan Stanley investment bank from the 1930s through the financial crisis of 2008, while also tracking the rise and fall of a working-class Chicago neighborhood and the family-run car dealerships at its heart. Incisive and sweeping, Transaction Man is the definitive account of the reengineering of America—with enormous consequences for all of us.

GENRE
Nonfiction
NARRATOR
CC
Chris Ciulla
LANGUAGE
EN
English
LENGTH
11:54
hr min
RELEASED
2019
September 10
PUBLISHER
Macmillan Audio
SIZE
589.6
MB

Listeners Also Bought

The Case Against Reality: Why Evolution Hid the Truth from Our Eyes (Unabridged) The Case Against Reality: Why Evolution Hid the Truth from Our Eyes (Unabridged)
2019
The End of the World is Just the Beginning The End of the World is Just the Beginning
2022
How to Change Your Mind: What the New Science of Psychedelics Teaches Us About Consciousness, Dying, Addiction, Depression, and Transcendence (Unabridged) How to Change Your Mind: What the New Science of Psychedelics Teaches Us About Consciousness, Dying, Addiction, Depression, and Transcendence (Unabridged)
2018
Outlive: The Science and Art of Longevity (Unabridged) Outlive: The Science and Art of Longevity (Unabridged)
2023
Blink Blink
2006