PDF Glass House: The 1% Economy and the Shattering of the All-American Town Writen By Brian Alexander

Glass House: The 1% Economy and the Shattering of the All-American Town

By : Brian Alexander

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Book Synopsis :

In 1947, Forbes magazine declared Lancaster, Ohio the epitome of the all-American town. Today it is damaged, discouraged, and fighting for its future. In Glass House, journalist Brian Alexander uses the story of one town to show how seeds sown 35 years ago have sprouted to give us Trumpism, inequality, and an eroding national cohesion.The Anchor Hocking Glass Company, once the world?s largest maker of glass tableware, was the base on which Lancaster?s society was built. As Glass House unfolds, bankruptcy looms. With access to the company and its leaders, and Lancaster?s citizens, Alexander shows how financial engineering took hold in the 1980s, accelerated in the 21st Century, and wrecked the company. We follow CEO Sam Solomon as he tries to rescue the company from the New York private equity firm that hired him. Meanwhile, Alexander goes behind the scenes, entwined with the lives of residents as they wrestle with heroin, politics, high-interest lenders, low wage jobs, technology,

Book Detail :

Author : Brian Alexander

Pages : 336 pages

Publisher : St. Martin's Press

Language : eng

ISBN-10 : 1250085802

ISBN-13 : 9781250085801

 
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