Extreme Capitalism, Market Populism & the End of Economic Democracy: Stocks (2001)

• published: 24 Jul 2015
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One Market Under God: Extreme Capitalism, Market Populism, and the End of Economic Democracy is a 2000 book by historian and author Thomas Frank. It was published by Anchor Books. The book traces the development of what Frank calls "market populism: the idea that markets are a far more democratic form of organization than democratically elected governments." He also discusses many facets of the New Economy, "culture studs," and internet brokerages. An excerpt of the book was the cover story of the October 12, 2000 issue of The Nation. It was reviewed in The American Prospect on December 18, 2000, in The New York Times on December 21, 2000. One topic that Frank devotes considerable page space to is television commercials, especially those for brokerages and mutual funds. He cites many examples of corporations being compared to rock stars, the civil rights movement and the French Revolution and God. Frank discusses the Beardstown Ladies, an informal investment group comprising elderly women from Beardstown, Illinois. He covers their usage by the media to promote the idea (mostly fallacious, in Frank's estimation) that Average Joe Americans were just as good, if not better than professionals at picking stocks. Contents Preface: A Deadhead in Davos 1. Getting to Yes: The Architecture of a New Consensus Let Us Build Us a Bill Gates Consensus and the Legitimacy Problem From Culture War to Market Populism Just Plain Bill Sources of the New Faith 2. A Great Time or What: Market Populism Explains Itself Great Books All the Cats Join In Stealth Reactionaries 3. The Democracy Bubble Year 1 in the Republic of Al Your Share of America The Madness of Crowds Mutual, Omaha "We" Get "Ours" Meet John Doe, Arbitrageur 4. I Want My NYSE The Web Changes a Few Things And Zig a Zag Ah! 5. Casual Day, U.S.A.: Management's 1930s He Bag Production Bogue Millionaires / Cool Millionaires The Horror of Management Elitism Was the Crime Labor on the March Benevolent Dictators The Uses of Bolshevism 6. In Search of Legitimacy: How Business Got Its Soul Back How Does Management Literature Manage? Symbolism I: The Corporate Naive Symbolism II: People of the Market The Church of Change Moving with the Cheese 7. The Brand and the Intellectuals So much depends upon... People's War on Bummer Brands Ritual, Romance, and the Brand 8. New Consensus for Old: Cultural Studies from Left to Right Closing Down the American Mind The Importance of Being Studly What Business Culture? And a Dreadlocked Libertarian Shall Lead Them Making History Just as They Please 9. Triangulation Nation: Journalism in the Age of Markets Back to Normalcy II: The Theory Tycoon a Bus: The Practice Pro Patria et Pro Gannett: The Monument 10. To the Dot-Com Station The Wages of Reaction Zeitgeist and Weltgeist From New Times to New Economy The Pump and Dump Future The Age of Incantation Afterword http://en.wikipedia.org/wiki/One_Market_Under_God Thomas Carr Frank (born March 21, 1965) is an American political analyst, historian, journalist and columnist for Harper's Magazine. He wrote "The Tilting Yard" column in the Wall Street Journal from 2008 to 2010, and he co-founded and edited The Baffler. He wrote several books, most notably What's the Matter with Kansas? (2004). Frank is a historian of culture and ideas and analyzes trends in American electoral politics and propaganda, advertising, popular culture, mainstream journalism and economics. His writing topics include the rhetoric and impact of the culture wars in American political life and the relationship between politics and culture in the United States. http://en.wikipedia.org/wiki/Thomas_Frank