Book contents
- J.P. Morgan & Co. and the Crisis of Capitalism
- J.P. Morgan & Co. and the Crisis of Capitalism
- Copyright page
- Dedication
- Contents
- Figures and Tables
- Acknowledgements
- Introduction
- 1 “The Heart of Contemporary Capitalism”
- 2 J.P. Morgan & Co. at Home and Abroad in the 1920s
- 3 The Young Plan, the Bank for International Settlements, and the Wall Street Crash, 1929–1930
- 4 “The End of the World”? The 1931 Crises
- 5 “Witchcraft”: J.P. Morgan & Co., Hoover, and the Depression in the United States, 1930–1933
- 6 “In the Storm Cellar”: J.P. Morgan & Co. and the New Deal, 1933–1936
- 7 J.P. Morgan & Co. and the Foreign Policy of the New Deal
- 8 The Coming of War and the End of the Partnership, 1937–1940
- Conclusion
- Appendices
- Bibliography
- Index
Conclusion
Published online by Cambridge University Press: 17 February 2022
- J.P. Morgan & Co. and the Crisis of Capitalism
- J.P. Morgan & Co. and the Crisis of Capitalism
- Copyright page
- Dedication
- Contents
- Figures and Tables
- Acknowledgements
- Introduction
- 1 “The Heart of Contemporary Capitalism”
- 2 J.P. Morgan & Co. at Home and Abroad in the 1920s
- 3 The Young Plan, the Bank for International Settlements, and the Wall Street Crash, 1929–1930
- 4 “The End of the World”? The 1931 Crises
- 5 “Witchcraft”: J.P. Morgan & Co., Hoover, and the Depression in the United States, 1930–1933
- 6 “In the Storm Cellar”: J.P. Morgan & Co. and the New Deal, 1933–1936
- 7 J.P. Morgan & Co. and the Foreign Policy of the New Deal
- 8 The Coming of War and the End of the Partnership, 1937–1940
- Conclusion
- Appendices
- Bibliography
- Index
Summary
The conclusion brings together the arguments and themes explored in the book, suggesting that appreciating capitalism’s triumph in World War II and its subsequent postwar progress, owes much to overcoming the challenges of the 1930s, a decade in which J.P. Morgan & Co. was at the heart of how American financial capitalism changed. The Morgan bank survived by discarding its partnership model and incorporating – a step that was emblematic of the choices forced on banks and businesses in the crisis decade of the 1930s.
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- J.P. Morgan & Co. and the Crisis of CapitalismFrom the Wall Street Crash to World War II, pp. 343 - 349Publisher: Cambridge University PressPrint publication year: 2022