The Rich Getting Richer in the Gilded Age - Sven Beckert. The Monied Metropolis: New York City and the Consolidation of the American Bourgeoisie, 1850–1896. Cambridge: Cambridge University Press, 2001. xv + 492 pp. Illustrations, notes, and index, $35.00 (cloth), ISBN 0-521-79039-5; $22.00 (paper), ISBN 0-521-52410-5. - Dan Rottenberg. The Man Who Made Wall Street: Anthony J. Drexel and the Rise of Modern Finance. Philadelphia: University of Pennsylvania Press, 2001. xvii + 262 pp. Illustrations, notes, bibliography, and index, $29.95 (cloth), ISBN 0-81-223626-2.

2003 ◽  
Vol 2 (2) ◽  
pp. 231-236
Author(s):  
Jon Sterngass
2017 ◽  
Vol 3 ◽  
pp. 237802311770065 ◽  
Author(s):  
Adam D. Reich

The relationship between social movements and formal organizations has long been a concern to scholars of collective action. Many have argued that social movement organizations (SMOs) provide resources that facilitate movement emergence, while others have highlighted the ways in which SMOs institutionalize or coopt movement goals. Through an examination of the relationship between Occupy Wall Street and the field of SMOs in New York City, this article illustrates a third possibility: that a moment of insurgency becomes a more enduring movement in part through the changes it induces in the relations among the SMOs in its orbit.


1942 ◽  
Vol 2 (1) ◽  
pp. 1-23 ◽  
Author(s):  
Samuel Rezneck

On August 26, 1857, just two days after the New York branchthe Ohio Life Insurance and Trust Company suspended payment, of, the New York Herald predicted that the financial difficulties then beginning were certain to acquire the proportions of a great crisis. It boasted, moreover, that it had foreseen and warned of this impending calamity for the preceding twelve months, but its warnings had been spurned. The Herald's vaunted prescience perhaps stemmed chiefly from the long-standing prejudice of its publisher, James Gordon Bennett, against the operations of speculators in Wall Street. As early as 1854, when the speculative boom in railroad stocks was halted by a sharp decline of prices, the Herald had predicted the imminent approach of a crisis, one that would mark the end of the current “Fitful Spasmodic System” of American business. During the winter of 1854–1855 business stagnated, unemployment increased greatly, and there was considerable distress and popular unrest, especially in New York City. Here was an advance view, as it were, of the pattern of depression which was to develop in 1857.


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