The transcontinental railroads were the first corporate behemoths. Their attempts to generate profits from proliferating debt sparked devastating economic panics. Their dependence on public largesse drew them into the corridors of power, initiating new forms of corruption. Their operations rearranged space and time, remade the landscape of the West, and opened new ways of life and work. Their discriminatory rates sparked a new antimonopoly politics.
The transcontinentals were pivotal actors in the making of modern America, but the triumphal myths of the golden spike, Robber Barons larger than life, and an innovative capitalism all die here. Instead we have a new vision of the Gilded Age, often darkly funny, that shows history to be rooted in failure as well as success.
Author: Richard White
Binding Type: Paperback
Publisher: W. W. Norton & Company
Published: 04/23/2012
Pages: 720
Weight: 1.2lbs
Size: 8.20h x 5.40w x 1.40d
ISBN: 9780393342376
Language: English
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