History of Finance Capital in America

The Great Depression and Interwar Years

Go Tian Kang

$305

Hardback

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English

Routledge
23 April 2024

History of the Americas; Politics & government; Political economy; Economic history; Credit & credit institutions

Series: Perspectives in Economic and Social History

Go details through institutional analysis how major financial institutions (including banks and insurance companies), industries, and the U.S. government behaved and linked with each other during the Great Depression and interwar period.

Drawing on data that has not been widely used since the late thirties – including congressional hearings, financial data, and government reports concerning economic concentration in the Depression era – Go presents a general picture of American finance capital on the eve of World War II. He details the emergence of important new financial‑industrial powers in the 1920s that challenged the Wall Street’s established order on the eve of Great Depression, the response of the Wall Street’s finance capital to the challenge, and its renewed dominance as well as the growing community of interests between finance and industry under the Depression. He also points out the role of Wall Street’s finance capital in financing the Reconstruction Finance Corporation in 1932, the New Deal, and the emerging war economy.

With its coverage of primary sources, this book will interest researchers and advanced undergraduate students taking American history, political science, and institutional economics.

By: Go Tian Kang
Imprint: Routledge
Country of Publication: United Kingdom
Dimensions: Height: 234mm, Width: 156mm,
Weight: 760g
ISBN: 9781032727851
ISBN 10: 1032727853
Series: Perspectives in Economic and Social History
Pages: 310
Publication Date: 23 April 2024
Audience: College/higher education , Primary
Format: Hardback
Publisher's Status: Active

Go Tian Kang is an Emeritus Professor at Chuo University, Japan. He is the author of The Rise of Finance Capital in America (in Japanese) and American Commercial Banks in Corporate Finance, 1929–1941. He has contributed numerous articles to economic journals and has tought at the University of Tokyo, Peking University and other universities in Asia.