Americana: A 400-Year History of American Capitalism

Americana: A 400-Year History of American Capitalism

by Bhu Srinivasan

Narrated by Scott Brick, Bhu Srinivasan

Unabridged — 21 hours, 18 minutes

Americana: A 400-Year History of American Capitalism

Americana: A 400-Year History of American Capitalism

by Bhu Srinivasan

Narrated by Scott Brick, Bhu Srinivasan

Unabridged — 21 hours, 18 minutes

Audiobook (Digital)

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Overview

An absorbing and original narrative history of American capitalism

NAMED A BEST BOOK OF 2017 BY THE ECONOMIST

From 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.

Editorial Reviews

APRIL 2018 - AudioFile

Author Bhu Srinivasan, founder of a media company focused on sharing U.S. economic history, reads a charming personal introduction before the resonant Scott Brick narrates the remaining 21 hours of this informative audiobook. From the Pilgrims of 1620 to Silicon Valley is a lot of ground to cover, and Brick’s phrasing artistry and sensitivity to the material help the author’s numerous anecdotes feel woven into the same narrative fabric. Srinivasan describes how innovations like the steamboat, the telephone, manufacturing, the stock market, and electronic banking laid the groundwork for the creative commerce and finance that typifies the U.S. economy today. An accessible history with a populist bent, this work leans more on storytelling than analysis. That approach and Scott Brick’s engagement make it fun to learn how the Colonies grew to the economic giant we are today. T.W. © AudioFile 2018, Portland, Maine

Publishers Weekly

08/21/2017
Media entrepreneur Srinivasan sweeps through American history using “a series of breakthroughs, innovations, and ideas” to trace the development of American capitalism. He frames each of the book’s 35 chapters around what he dubs “next big things,” which serve as narrative lenses. For example, tobacco and cotton exemplify the plantation system; canals and railroads illustrate American expansionism; and computing and the internet spotlight the information age. It’s a lively narrative of ingenuity and achievement; Srinivasan’s scope is broad and he finds intriguing points of entry for each topic. Yet there are major problems with his account. Srinivasan immigrated to the U.S. at age eight and finds much to admire about America, but his work is partly premised on the unsupportable assertion that “most immigrants come here first to participate in its capitalism.” He is also open about his desire to divorce economic history from political history even as he offers such insights as “the cold economics of one man’s rationality reinforced his neighbor’s racism.” His slight chapters on slavery and the labor movement are underwhelming, and he occasionally gets wrong basic facts (conflating anarchists with Marxists, for example). Despite its novel approach and accessibility, Srinivasan’s book comes across as an uncritical hagiography of a system that has worked to his benefit. (Oct.)

From the Publisher

A delightful tour through the businesses and industries that turned America into the biggest economy in the world. Not only is the book written in a light and informative style, it is cleverly constructed. . . . There is plenty of surprising detail. . . . An excellent book.”—The Economist

“The historical parallels his work provokes are striking and illustrative, and modern innovators would benefit from looking more closely at how the past may inform their future.”— Quartz

“Bhu Srinivasan is an expert storyteller who deftly navigates the history of American innovation. In a world preoccupied with Zuckerberg and Musk, he tells a series of bite-size narratives that are individually digestible yet comprehensive in their survey of capitalism, from that of ferry-captain Cornelius Vanderbilt to that of Samuel Morse, portrait-painter-turned-telegraph-inventor. Painting the backdrop of four centuries of ingenuity, he reminds us how far America has come. A great book.”—Scott Hartley, venture capitalist and author of The Fuzzy and the Techie

“In Americana, Bhu Srinivasan ranges widely and insightfully through the long, tangled history of capitalism and democracy in America. Provocative and lucid, Americana deserves and rewards attention from citizens, present and future, of our troubled yet alluring nation.”—Alan Taylor, winner of the Pulitzer Prize for The Internal Enemy

“A wonderfully readable and entertaining panorama of the innovators and entrepreneurs who have shaped our history. Lively and original, brimming with surprising details and full of brilliant insights, this is narrative history at its best.”—Liaquat Ahamed, winner of the Pulitzer Prize for Lords of Finance

“A colorful, engaging, and incisive account of the evolving varieties of American capitalism told through the new technologies that drove it forward, the ideas that shaped it, the institutions that enabled it, the goods it produced, and the people who made and resisted it. It is a book that is both personal and historically sweeping.”—Richard White, finalist for the Pulitzer Prize for Railroaded

“[Srinivasan] is particularly insightful on cycles of technological revolution, as with Andrew Carnegie’s innovations as a steel baron and the rise of the automobile industry. . . . Spryly and with just the right amount of circumstantial detail, Srinivasan places all this against the context of his own history in America. . . . A smart, accessible contribution to the nation’s economic history.”—Kirkus

“An informative, fluently written history. . . . An intelligent survey of U.S. business history. . . accessible to a wide audience.”Library Journal

Library Journal

09/01/2017
This informative, fluently written history proceeds mainly by discussing in each chapter a product, service, or industry that has played an important role in the U.S. economy. Thus, it is more a history of American business than of the economy. That being said, entrepreneur Srinivasan does not ignore broader subjects nor social or political history, but these topics arc largely presented through the prism of business history. The author admires the U.S. political-economic system, which he regards as flexible and pragmatic but not in a simpleminded way; there is no idealization. As he sees it, in the U.S. system there is both a creative/destructive capitalistic element that encourages innovations that often hurt some people even as they help others, and a democratic, egalitarian component. The author's approach acknowledges complexities and is nontendentious; his overall tone soberly optimistic. VERDICT This lengthy, episodic book is an intelligent survey of U.S. business history, stronger on description than synthesis, and accessible to a wide audience. It will likely appeal to those with a taste for popular U.S. history.—Shmuel Ben-Gad, Gelman Lib., George Washington Univ., Washington, DC

APRIL 2018 - AudioFile

Author Bhu Srinivasan, founder of a media company focused on sharing U.S. economic history, reads a charming personal introduction before the resonant Scott Brick narrates the remaining 21 hours of this informative audiobook. From the Pilgrims of 1620 to Silicon Valley is a lot of ground to cover, and Brick’s phrasing artistry and sensitivity to the material help the author’s numerous anecdotes feel woven into the same narrative fabric. Srinivasan describes how innovations like the steamboat, the telephone, manufacturing, the stock market, and electronic banking laid the groundwork for the creative commerce and finance that typifies the U.S. economy today. An accessible history with a populist bent, this work leans more on storytelling than analysis. That approach and Scott Brick’s engagement make it fun to learn how the Colonies grew to the economic giant we are today. T.W. © AudioFile 2018, Portland, Maine

Kirkus Reviews

2017-06-14
A cavalcade of capitalism celebrating the machinery of wealth while cautioning that Americans "have also insisted upon their democratic right to curb its excesses."The United States, writes media entrepreneur Srinivasan, who emigrated from India when he was 8, has long resembled one big construction zone, building and (creatively) destroying in an endlessly volatile cycle. This book, critically yet enthusiastically pro-market—which is interesting given that the author's mentor is the noted leftist historian Richard White—charts that course. As the author notes at the beginning, the Puritans who arrived on the Mayflower did not come from out of the blue but instead were the product of venture capital sustained by the necessity of borrowing from outside at interest rates of more than 50 percent. They got out from under their investors' yoke, finally, by buying the creditors out. The fact of slavery casts a shadow on Srinivasan's generally positive account, but he brings a fresh view to the matter, positing that the market irrationally and wrongly valued the slave economy as being worth much more than it was, so that by the time of the Civil War, "there was more to protect and more to lose" on the part of Southern slaveholders. The author is particularly insightful on cycles of technological revolution, as with Andrew Carnegie's innovations as a steel baron and the rise of the automobile industry; who knew that Henry Ford dismissed his first efforts as "merely a money-making concern" without the necessary contribution to the common good? Spryly and with just the right amount of circumstantial detail, Srinivasan places all this against the context of his own history in America. Through his initiation in the startup world, he writes, "the energy of the era, the wildness of the boom, the ease with which an idea, a blank canvas, could turn into something confirmed my central belief about opportunity in America." A smart, accessible contribution to the nation's economic history.

Product Details

BN ID: 2940169123760
Publisher: Penguin Random House
Publication date: 09/26/2017
Edition description: Unabridged
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