The Moneychangers
Overview
Upton Sinclair won a Pulitzer Prize for his notorious 1906 novel *The Jungle, * a fictionalized account of the barbaric conditions of the men and women who worked in Chicago's meatpacking industry. And just as the horrific circumstances he exposed in that book more than a century ago appear to be recurring in our fast-food nation, so do those he highlights in his 1908 novel, the cautionary tale The Moneychangers. First published in 1908, this is the story of a small band of Wall Street players who plot to outmaneuver their rivals via financial schemes that sound all too familiar in today's chaotic economic environment: shell companies and creative accounting lure unwitting investors to prop up secretly bankrupt corporations, prompting a stock market crash, a bank run, and a dramatic rise in unemployment. As with The Jungle, this is based on real events-the Wall Street crash of 1907-and reads as startlingly prescient today, as the very crimes Sinclair strove to highlight plague society once again. American writer UPTON BEALL SINCLAIR (1878-1968) was an active socialist and contributor to many socialist publications. His muckraking books include King Coal (1917), Oil (1927), and Boston (1928).
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Details
- ISBN-13: 9781605209067
- ISBN-10: 1605209066
- Publisher: Cosimo Classics
- Publish Date: December 2009
- Dimensions: 8.5 x 5.5 x 0.47 inches
- Shipping Weight: 0.59 pounds
- Page Count: 206
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