TR3.5

American Colossus

Houjun Liu 2022-01-10 Mon 13:49

1 Reading Notes

1.1 :claim: that the goals of democracy and capitalism was countering

Democracy 4epends on equal­ ity, capitalism on inequality. Citizens in a democracy come to the public square with one vote each;

1.2 Capitalism leveraged democracy as a means to end

A secret of their success was their ability to harness the strength and skill of armies of men and women to their capitalist purposes.

1.3 Money powered the country's industries

Morgan commanded money, the philosopher's stone of modern capitalism. Morgan's money reorganized the rail­ roads, the nation's vascular system.